December was a surprisingly strong month for same dealer used truck sales, ACT Research announced Tuesday.
The company reports in its most recent used truck market update that sales returned to sequential growth in December, growing 12% from November and staying just ahead of the 9% seasonal gain.
“December is usually the fifth strongest sales month of the year, running almost exactly at average,” says Steve Tam, vice president at ACT Research. “The auction and wholesale markets were mixed in December. Auction volumes surged 33% month over month in typical quarter end fashion. Dealers saw activity slow 15% month over month. Combined, total market same dealer sales volumes were 16% better month over month in December.”
Tam also reports the Class 8 average retail sale price added 6.1% month over month in December, climbing to $57,048. Longer term, prices declined 0.5% from 2024, he says.
