Transport Topics

Transport Topics (April 30, 2020)


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Class 8 used truck sales in March slipped 12 percent, and the average price dropped about $7,000 compared with a year earlier, Act Research reported. Sales of used vehicles hit 18,000 compared with 20,500 a year earlier, according to Act, which each month surveys a sample of dealers, wholesalers and auctioneers as well as a few large fleets to determine average price, age and mileage, and estimated industry volumes. Year-to-date sales were 52,500, down 24 percent compared with 68,900 a year earlier. The average price dropped 15 percent to $37,975 compared with $44,658 in the 2019 period. March marked the 11th consecutive month of year-over-year price declines.
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