Economic News

FEBRUARY 2025 COMMERCIAL VEHICLE MARKET UPDATE Auction volume was typically low in January 2025, making generalizations difficult. Retail pricing was higher than January 2024. CLASS 8...

With very few auctions on the calendar in the first half of the month, January is typically the slowest month of the year. January 2025 was no exception. This low volume of sales skewed the averages in our table lower than actual market movement.

JANUARY 2025 COMMERCIAL VEHICLE MARKET UPDATE SUMMARY Auction volume in December was uncharacteristically weak, but pricing ticked up. Sleeper tractors sold through retail channels depreciated moderately...

The auction market perked back up in October 2024, with volume increasing and pricing stable. Retail conditions were essentially unchanged from September. CLASS 8 AUCTION UPDATE...

Auction volume and pricing decreased in September 2024. Retail volume ticked up slightly, with sleeper depreciation mild and daycab pricing stable. CLASS 8 AUCTION UPDATE Sales...

SEPTEMBER 2024 COMMERCIAL VEHICLE MARKET UPDATE SUMMARY Auction volume increased in August 2024 and pricing dipped. Retail volume was typical, and depreciation was normal, with daycabs...

Sales volume at auctions in August 2024 increased moderately from July. Pricing was mildly lower than last month, due partly to actual market movement but also unfavorable condition and mileage of trucks in the dataset this month.

September 2024 Used Market Update The peak in used retail prices occurred around late 2021 and early 2022, with prices reaching $31,279. Since then, there has...

AUGUST 2024 COMMERCIAL VEHICLE MARKET UPDATE SUMMARY Auction volume decreased in July 2024 and pricing continues to bounce along the floor. Retail volume returned to a...

Used Retail Prices Industry •Used retail vehicle prices have been gradually declining throughout 2024. As of July, the average used vehicle price was $28,469, marking a...