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.
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.
ACT’s 63rd Outlook Seminar is scheduled for August 11-13, 2020, and will feature truck dealer, emerging technology, and economic panels, as well as discussions on near-term demand of North American commercial vehicle markets and the pending impact of electrification on the market in the near future. Click here for seminar information.
ACT Research is recognized as the leading publisher of commercial vehicle truck, trailer, and bus industry data, market analysis and forecasts for the North America and China markets. ACT’s analytical services are used by all major North American truck and trailer manufacturers and their suppliers, as well as banking and investment companies. ACT Research is a contributor to the Blue Chip Economic Indicators and a member of the Wall Street Journal Economic Forecast Panel. ACT Research executives have received peer recognition, including election to the Board of Directors of the National Association for Business Economics, appointment as Consulting Economist to the National Private Truck Council, and the Lawrence R. Klein Award for Blue Chip Economic Indicators’ Most Accurate Economic Forecast over a four-year period. ACT Research senior staff members have earned accolades including Chicago Federal Reserve Automotive Outlook Symposium Best Overall Forecast, Wall Street Journal Top Economic Outlook, and USA Today Top 10 Economic Forecasters. More information can be found at www.actresearch.net.