ACT Research: Used truck sales strength continued in March

Used Class 8 truck sales hit nearly five-year high in March

Data shows surging sales volume, rising wholesale prices, and climbing sleeper values, even as fuel costs threaten the upcycle.

ACT Research: Used truck sales strength continued in March

COLUMBUS, Ind. – According to the latest State of the Industry: U.S. Classes 3-8 Used Trucks by ACT Research, same dealer used Class 8 retail truck sales built on February’s momentum in March. “The 9.8% m/m increase was directionally consistent with, but not quite as strong as, the expected 12% seasonal gain,”said Steve Tam, vice president at ACT. “March is the strongest sales month of the year, running 10% above average. “The auction and wholes…