ACT Research says same-dealer Class 8 used truck prices fell in September from March, but outperformed 2024.
"The market did outperform historical seasonality, which called for a 3% month-over-month decrease," says Steve Tam, vice president at ACT. "September brought the usual end of quarter volume explosion for auctions, which jumped 51% month over month. Wholesale transactions were also stronger, adding 38% month over month in September. Total reported September preliminary sales were up 19%."
[RELATED: September sees deceptive rise in new truck orders]
The average retail price of used Class 8 trucks fell for a second month in September, down 1.9% month over month to $55,745.
"September's decline was directionally consistent seasonally, but deeper than the expected 0.5% dip," Tam says.
