SEPTEMBER 2025 COMMERCIAL VEHICLE MARKET UPDATE

Pricing decreased in both the auction and retail channels in August. Retail sales volume continues to trend higher compared to 2024.

CLASS 8 AUCTION UPDATE

Sales volume ticked up from July and pricing moved downward.

Looking at late-model sleeper tractors, average auction pricing for our benchmark truck In August was:

• Model year 2023: $71,527; $11,798 (14.2%) lower than July

• Model year 2022: $51,123; $5,754 (12.7%) higher than July

• Model year 2021: $35,593; $6,610 (15.7%) lower than July

• Model year 2020: $29,970; $4,757 (13.7%) lower than July

• Model year 2019: $25,908; $1,782 (7.4%) higher than July

At auctions in August, selling prices for the four- to-six-year-old cohort of our benchmark truck averaged 4.6% lower than July 2025, and 0.4% lower than August 2024. Pricing for that group is currently 4.5% higher than the strong pre-pandemic period of 2018 in nominal figures (19.3% lower if adjusted for inflation), and 56.4% higher than the last market nadir in late 2019 (24.4% higher when adjusted for inflation). Deprecation for this group accelerated once again, now averaging 2.1% 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. 

Volume of the Three Most Common Sleeper Tractors (3- to 7-Year-Old) Sold Through the Two Largest Nationwide Auctions