used truck data

ACT Research gains transaction-level market data from dealers and OEM remarketers throughout the country on Used Truck Classes 3-8 commercial vehicles.

 

State of the Industry: U.S. Used Truck Classes 3-8

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 it’s 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 understand the current used trucl market such as: the 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 3-5, Classes 6-7, and Class 8 used vehicles: units, average selling price, average miles, average age
  • GVW class data segmented by sales channels (auction, retail, wholesale)
  • Includes industry sales and inventory estimates based on a sample of participating dealers
  • PowerPoint graph pack
  • Preliminary “flash” report published on 12th (or first business day after); full report on the 25th (or first business day after)

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 subscription comes access to various support materials via an online report dashboard at actresearch.net including:

  1. PDFs of:
    1. Current & YTD Flash
    2. Current report
    3. FAQs
  2. Tables including:
    1. Preliminary Classes 3-5 Summary
    2. Preliminary Classes 6-7 Summary
    3. Preliminary Class 8 Summary
    4. Preliminary Year Mile Summary
    5. Final Classes 3-5 Summary
    6. Final Classes 6-7 Summary
    7. Final Class 8 Summary
    8. Final Class 8 Same Dealer Sales Summary
    9. Final Year Mile Summary
  3. Graph pack complete with 80+ graphs covering:
    1. Classes 3-5 Reported Retail, Wholesale, Auction, Total Statistics
    2. Classes 6-7 Reported Retail, Wholesale, Auction, Total Statistics
    3. Classes 8 Reported Retail, Wholesale, Auction, Total Statistics
    4. Select OEM Models Average Price
    5. 3-9 Year Old 300,000 – 900,000 Miles

Other users, including OEMs, suppliers, investors, lenders, lease/rental companies and fleets, rely on this report for insights into market direction and change, in particular volumes and values, as well as the unique enlightenment it provides into how vehicles are used in the real world.

The Used Truck Classes 3-8 is a vital report working in conjunction with ACT’s State of the Industry and N.A. CV Outlook reports to understand the market in it’s entirety. To view a sample report, CLICK HERE. Other complimentary reports include:

Need more information about how ACT Research utilizes data and views the market? CLICK HERE to watch the presentation by ACT’s Vice President, Steve Tam , at ACT’s Outlook Seminar 61 from August, 2019.