Transport Topics (Dec. 30, 2021)
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\u2019s 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. \u201cWe 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\u2019t buying [new], they aren\u2019t trading in [old],\u201d said ACT Vice President Steve Tam.\nLearn more about your ad choices. Visit podcastchoices.com/adchoices