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				January's Used Truck Prices Up, Volumes Slip
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					Posted: 
					
						Feb 28, 2012 09:45 AM
					
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					Last Updated: Mar 27, 2012 08:27 AM
				
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				<p>COLUMBUS, IN. &mdash; Used truck prices were up in January, reported ACT Research, in both the retail and wholesale channels &mdash; a strength in pricing that ACT attributes to soft volumes.</p>
<p>&ldquo;Despite January&rsquo;s results, we expect year-over-year pricing growth will continue to slow over the longer term,&rdquo; reported Steve Tam, vice president-commercial vehicle sector with ACT. </p>
<p>&ldquo;We believe that as more new trucks are purchased and trade-ins ultimately become available as used trucks, availability of inventory will take the pressure off pricing,&rdquo; he added.</p>
<p>The only weak spot for January, ACT said, was the month-over-month change in auction results.</p>
<p>The report from ACT provides data on the average used price for the top-selling Class 8 model for each of the major truck OEM&rsquo;s &mdash; Freightliner (Daimler); Kenworth and Peterbilt (Paccar); International (Navistar); and Volvo and Mack (Volvo).<br />
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