ACT Research says the average Class 8 retail sale price stayed flat in January.
The company reports the price for January's used trucks was $57,371, which was a mere 0.1% higher month-over-month.
[RELATED: January Class 8 orders nudge downward]
"On a year-over-year basis, prices were 2.9% lower," says 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 were equally steady.
"The 1.4% month-over-month decrease was stronger than the expected 9% seasonal contraction indicated by history," Tam says. "January is typically the weakest sales month of the year, running nearly 9% below average."
ACT reported the data in the State of the Industry: U.S. Classes 3-8 Used Trucks.
