"The average selling price of total reported Class 8 trucks continues to hold up better than expected," said Steve Tam, vice president of the commercial vehicle sector with ACT. "For the first nine months this year, prices were down only 3 percent, relative to the same period in 2012. Earlier expectations were for price declines of between 5 percent and 10 percent," he added.

The report from ACT provides data on the average used price for the top-selling Class 8 model for each of the major truck OEMs - Freightliner (Daimler); Kenworth and Peterbilt (Paccar); International (Navistar); and Volvo and Mack (Volvo). Subscription information on the full report is available on the ACT Research web site.

ACT publishes new- and used-commercial-vehicle industry data, market analysis and forecasting services for the North American market, as well as the U.S. tractor-trailer market and the China commercial vehicle market.

Source: ACT Research