Used truck values and demand on the rise

The rebound in Class 8 used truck sales continued in August. Prices and sales rose with fleets desiring newer trucks with better fuel economy and safety equipment.

J.D. Power Valuation Services reported a third consecutive month of improving retail sales in August.

“Since mid-June, we’ve seen an increase in selling prices for the lowest-mileage iron,” said Chris Visser, J.D. Power Valuation Services commercial vehicles senior analyst and product manager.

Power said the average sleeper tractor sold...

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