According to the latest State of the Industry: U.S. Classes 3-8 Used Trucks by ACT Research, the Class 8 average retail sale price fell by its largest percentage since June 2024, giving up 6.2% m/m in February.

“On a y/y basis, prices were 13% lower, while falling a lesser 8.2% ytd,” said Steve Tam, Vice President at ACT Research. “Same dealer used Class 8 retail truck sales ticked slightly higher in February. The 0.9% m/m increase was directionally consistent with but not as strong as the expected 5% seasonal advance indicated by history. January is typically the fourth weakest sales month of the year, running more than 3% below average.”

“To say the underlying fundamentals that drive used truck demand and pricing are in a state of flux right now would be a significant understatement. Starting with on-again, off-again tariffs, business owners, including truckers, are finding it particularly challenging to make decisions, including purchasing trucks. As demand falls, so will used truck valuations,” Tam explained.

ACT’s Used Classes 3-8 report provides data on 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.