Used Truck Prices Rise in June 2025 According to ACT Research

As the used truck market continues to evolve, understanding the dynamics at play becomes crucial for buyers and sellers alike. Recent trends indicate significant fluctuations in pricing, influenced by various economic factors. This article delves into the latest statistics and forecasts for the used truck market, providing a comprehensive overview of what to expect in the coming years.

The used truck market is not just a reflection of supply and demand; it's a complex interplay of economic indicators, industry practices, and consumer behavior. With this in mind, let's explore the current landscape and future predictions for used trucks.

Current State of Used Truck Prices

According to ACT Research, the average retail price for used Class 8 trucks saw a notable increase of 6.2% month-over-month in June 2025. This marks a significant shift, as prices were also up 10.4% year-over-year (Y/Y). This report, titled State of the Industry: U.S. Classes 3-8 Used Trucks, highlights a rebound in pricing that may surprise many industry observers.

Steve Tam, Vice President at ACT Research, indicated that this is the first Y/Y increase since December 2022. He pointed out that comparisons have become less challenging, as trucks sold recently tend to be younger and have lower mileage than those sold in previous months. This shift in inventory quality plays a substantial role in the pricing trends we are witnessing.

Market Context for June 2025 Used Truck Prices

The complexities behind rising used truck prices cannot be overstated. Tam raised an intriguing question: How can used trucks command higher prices amidst economic stagnation and stagnant freight volumes? The answer lies in multiple factors influencing the market, highlighting the need for a nuanced understanding of the situation.

Key points to consider include:

• Averages vs. Specifics: Reported figures are averages, meaning conditions can vary significantly across different segments of the market.
• Active Customer Engagement: Sales professionals are intensively engaging with their databases to identify potential buyers, which can drive prices upwards.
• Economic Indicators: Factors like inflation, supply chain issues, and consumer confidence also play a critical role in shaping market dynamics.

Forecast for Used Truck Prices in 2025

Looking ahead, the forecast for the used truck market in 2025 suggests continued fluctuations but with a potential upside. Analysts predict that while prices may stabilize, they could also see further increases depending on economic recovery and demand patterns. Factors influencing this forecast include:

• Supply Chain Recovery: As supply chains stabilize post-pandemic, the availability of used trucks may increase, potentially influencing prices.
• Increased Demand: With the resurgence of freight activity and logistic needs, demand for reliable used trucks could further elevate prices.
• Technological Advancements: Innovations in truck design and efficiency may shift buyer preferences towards newer models, affecting the used market.

Class 8 Truck Sales Forecast for 2025

The Class 8 truck segment, which includes some of the largest and most powerful trucks on the road, is expected to see robust sales in 2025. This forecast is influenced by factors such as:

• Infrastructural Investments: Government spending on infrastructure projects may bolster demand for heavy-duty trucks.
• Increased Freight Volumes: A projected rise in freight transport could lead to higher demand for Class 8 trucks.
• Regulatory Changes: New emissions regulations may push older trucks out of the market, increasing demand for newer, compliant models.

Trends in the Used Pickup Truck Market

The used pickup truck market is witnessing a distinct trend characterized by shifting consumer preferences towards larger vehicles. In recent years, there has been a noticeable surge in demand for pickups, driven by their versatility and suitability for various applications. Factors contributing to this trend include:

• Increased Versatility: Pickup trucks are increasingly seen as multi-functional vehicles suitable for both work and leisure.
• Changing Demographics: Younger buyers are gravitating towards pickups due to lifestyle choices that favor outdoor and recreational activities.
• Financial Incentives: Competitive financing options and trade-in offers are making pickups more accessible to a broader audience.

Understanding ACT Research Insights

ACT Research provides valuable insights into the trucking industry, analyzing trends and data that can help stakeholders make informed decisions. Their reports are essential for understanding:

• Market Dynamics: Detailed analyses of market conditions, allowing businesses to anticipate changes.
• Competitive Benchmarking: Understanding how companies stack up against industry averages and competitors.
• Strategic Planning: Offering data-driven forecasts that can guide strategic business decisions.

Conclusion: Navigating the Future of the Used Truck Market

As the used truck market continues to evolve, stakeholders must remain vigilant and adaptable. By staying informed about market trends, economic indicators, and consumer preferences, sellers and buyers can navigate the complexities of this dynamic landscape effectively.

For an even deeper understanding of these trends, consider watching the insightful video titled "Why $40000 Trucks Have Become $60000 Overnight!" which discusses the rapid changes in pricing and market dynamics:

With a solid understanding of this ever-changing market, stakeholders can better position themselves for success in the used truck industry.

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