Seeing the entire board is important to understanding the game from each angle. That’s why ACT Research is so diligent about the production of the U.S. Used Trucks Classes 3-8 report. While ACT’s N.A. CV OUTLOOK and State of the Industry: N.A. Classes 5-8 reports break down production and sales, you can’t understand the market in its entirety without knowing what trucks are already on the road. That is why ACT developed the State of the Industry: U.S. Used Truck Classes 3-8 report.
Working directly with truck dealers and OEM remarketing dealerships throughout the country, ACT collects transactions on a monthly basis, covering an estimated 20% of all used truck transactions. While dealerships are anonymous in their sharing, they provide data critical to understanding the current used truck market such as average selling price, miles, and age based on a sample of industry data. In addition, the report provides the average selling price for top-selling Class 8 models for each of the major truck OEMs – Freightliner (Daimler), Kenworth and Peterbilt (Paccar), International (Navistar), and Volvo and Mack (Volvo). This report is utilized by those throughout the industry, including commercial vehicle dealers, to gain a better understanding of the used truck market, especially as it relates to changes in near-term performance. With a database of more than 700,000 transactions dating from 1996, the U.S. Used Truck report covers monthly market indicators for Classes 3-8 including:
- average selling price,
- average miles,
- average age,
as well as segmentation by sales challenges, including:
while also providing industry sales and inventory estimates based on samples of participating dealers.