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 was essentially flat m/m in January, at $57,371, or 0.1% higher month over month.

“On a year-over-year basis, prices were 2.9% lower,” said Steve Tam, vice president at ACT Research. “Prices are expected to start transitioning to year-over-year growth in early 2025.”

“Same dealer used Class 8 retail truck sales held reasonably steady to start the new year. The 1.4% month-over-month decrease was stronger than the expected 9% seasonal contraction indicated by history. January is typically the weakest sales month of the year, running nearly 9% below average,” 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.