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				Class 8 Used Truck Volumes Drop, Pricing Up
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						May 30, 2012 09:35 PM
					
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					Last Updated: May 30, 2012 09:35 PM
				
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				<p>COLUMBUS, IN &ndash; The two month trend in the Used Class 8 truck market turned around in April, ACT Research reported, as volumes dropped and pricing rose.</p>
<p>&ldquo;The average retail selling prices for a used Class 8 truck was $51,217 in April, up 8 percent month over month and 16 percent year-over-year,&rdquo; explained Steve Tam, vice president-commercial vehicle sector with ACT.</p>
<p>Tam added that the appreciation in prices backs up their expectations for the long-term. "We believe year-over-year pricing growth will continue, but at a slower pace, as more trade-ins become available.&rdquo;</p>
			
				
				
			
				
				
			
			
			
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