AUGUST 2025 COMMERCIAL VEHICLE MARKET UPDATE
Volume decreased in the auction lanes in July 2025, but dealers sold more trucks off their lots. Pricing declined in both channels in July.
CLASS 8 AUCTION UPDATE
July is typically a slow month for Class 8 auctions, and this year was no exception. Volume declined from June and there was no notable pricing movement in the sleeper tractor segment in general.
Looking at late-model sleeper tractors, average auction pricing for our benchmark truck In July was:
Model year 2023: $83,325; $18,333 (28.2%) higher than June
Model year 2022: $45,369; $8,590 (15.9%) lower than June
Model year 2021: $42,203; $6,699 (18.9%) higher than June
Model year 2020: $34,727; $3,207 (10.2%) higher than June
Model year 2019: $24,126; $1,538 (6.8%) higher than June
At auctions in July, selling prices for the four- to-six-year-old cohort of our benchmark truck averaged 1.1% higher than June, and 0.6% lower than July 2024. Pricing for that group is currently 7.4% higher than the strong pre-pandemic period of 2018 in nominal figures (16.1% lower if adjusted for inflation), and 64.0% higher than the last market nadir in late 2019 (30.7% higher when adjusted for inflation). Deprecation for this group has accelerated mildly in 2025, now averaging 1.8% per month.
As usual, the limited volume of trucks sold each month results in swings in the raw data averages that are not necessarily reflective of actual market movement. For detailed pricing of individual makes and models, check our published values or contact us about a consulting project.
