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 slipped 2.3% lower month over month in May. On a year-over-year basis, prices were down 3.1%.
“Compared to April, miles increased 2.8% m/m, contributing to weaker pricing. May is usually the third weakest sales month of the year, running nearly 5% below average. Combined, total used sales lagged the first five months of last year by 6.7%, leaving our outlook for 2025 unchanged,” Steve Tam, vice president at ACT Research, said. “The used truck market is awash in uncertainty that seems to have a stranglehold on both buyers and sellers. The phrase analysis paralysis comes to mind. Parties on both sides of the used truck sales transaction are wondering about everything from tariffs to the status and future of emissions regulations to inventory levels. Of course, top of mind is how and when these dynamics will impact prices.”
