Transport Topics (Dec. 30, 2021) - Transport Topics

What this episode covers

The average retail price of a used Class 8 vehicle in November bounced up 11.8% compared with the previous record just set in October and soared 67.8% higher compared with a year earlier, ACT Research reported. November’s record average retail price was $80,769. A month earlier the average retail price for a Class 8 was $72,204. A year earlier it was $48,118, according to ACT. “We thought we were starting to see a little influx on inventory, then new retail sales in November were stinky. What can you do? If people aren’t buying [new], they aren’t trading in [old],” said ACT Vice President Steve Tam. Learn more about your ad choices. Visit podcastchoices.com/adchoices

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How long is this episode of Transport Topics?

This episode is 3 minutes long.

When was this Transport Topics episode published?

This episode was published on December 30, 2021.

What is this episode about?

The average retail price of a used Class 8 vehicle in November bounced up 11.8% compared with the previous record just set in October and soared 67.8% higher compared with a year earlier, ACT Research reported. November’s record average retail price...

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