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Used Truck Market Report Overview

The global used truck market was valued at USD 48.10 Billion in 2025 and is projected to reach USD 71.20 Billion by 2035, growing at a CAGR of 4.00% from 2026 to 2035, according to Expert Market Research. Light trucks hold a notable share by vehicle type, supported by intercity cargo movement and last-mile delivery. Logistics companies, construction contractors, agricultural operators and small and medium-sized businesses buy used units for their lower purchase price and ready availability. Trade policy, emission rules, fleet remarketing and digital marketplaces shape pricing and supply across North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. The report covers segmentation by vehicle type and region, the competitive landscape and the outlook to 2035.

Market Size and Forecast

  • Market Size in 2025: USD 48.10 Billion
  • Projected Market Size in 2035: USD 71.20 Billion
  • Compound Annual Growth Rate (CAGR) of 2026 to 2035: 4.00%
  • Segments Covered: Vehicle Type, Region

Latest Developments in the Used Truck Industry

  • October 2026: Ryder System reported third-quarter 2026 used vehicle results on 22 October 2026, with 5,100 units sold (up 4%), average proceeds per unit up 19% for tractors and 5% for trucks at constant currency, and a gain on used vehicle sales of USD 17 Million against USD 3 Million a year earlier.
  • September 2026: Rush Enterprises sold 1,913 used vehicle units in the quarter ended 30 September 2026, up 5.5% from 1,814, with a used vehicle gross margin of 14.9% against 10.9% a year earlier.
  • July 2026: The EPA published proposed amendments for model year 2027 and later heavy-duty highway engines in the Federal Register on 14 July 2026, retaining the 2027 standards and model year 2026 warranty periods, with comments due by 29 August 2026.
  • July 2026: Ashok Leyland and Shriram Automall India Limited signed a memorandum of understanding to build a certified pre-owned commercial vehicle ecosystem covering vehicle exchange, disposal and inspection.
  • November 2025: Section 232 tariffs of 25% on imported medium- and heavy-duty trucks and truck parts, and 10% on buses, took effect on 1 November 2025 under a proclamation signed on 17 October 2025.

Used Truck Market Graph

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What Is a Used Truck?

A used truck is a pre-owned commercial vehicle resold after its first period of service. The category spans light trucks and commercial pickup trucks, medium-duty delivery trucks, heavy-duty tractors, dump trucks, tankers and flatbeds. Units reach the market through dealers, auctions, fleet remarketing and online marketplaces.

Buyers include logistics companies, construction contractors, agricultural operators and small and medium-sized businesses that value ready availability and a lower purchase price. Reconditioning, inspection reports, financing and warranty cover shape buyer confidence, and certified pre-owned programmes add a structured quality standard.

Key Trends and Developments

Key Drivers of Used Truck Market Growth

New Truck Cost Pressure

Section 232 tariffs raise the acquisition cost of imported new medium- and heavy-duty trucks and truck parts in the United States. Higher prices for new units support resale values for late-model used trucks already in the country. Fleets facing larger capital outlays may explore used units to maintain capacity.

Construction and Infrastructure Demand

The Infrastructure Investment and Jobs Act, signed on 15 November 2021, provides USD 1.2 Trillion in total funding, with nearly USD 550 Billion in new federal spending over five years and USD 110 Billion in new funding for roads, bridges and major transportation projects, according to the American Society of Civil Engineers. Contractors hauling aggregates, building components and machinery rely on dump trucks, flatbeds and heavy tractors, and used units reduce the capital outlay per vehicle.

E-Commerce Freight and Delivery Demand

The US Census Bureau reported e-commerce sales of USD 340.2 Billion in the second quarter of 2026, equal to 17.1% of total retail sales and 12.2% higher than the second quarter of 2025. Parcel and consumer goods movement keeps light and medium-duty trucks in demand for intercity and local delivery, and used units give small and medium-sized businesses delivery capacity at a lower purchase price.

Fleet Remarketing and Lease Returns

Leasing and rental fleets rotate vehicles on set schedules, which supplies the used market with recent-model trucks. Ryder System and Rush Enterprises both reported higher used vehicle sales volumes in the third quarter of 2026, and Ryder’s earnings from used vehicle sales improved sharply. Steady lease-return supply supports regular remarketing cycles and gives buyers access to well-documented units.

Certified Pre-Owned and Digital Marketplaces

Certified pre-owned programmes and online marketplaces widen the buyer base. RB Global reported gross transaction value of USD 4,672.7 Million for the second quarter of 2026, up 11%, with its Heavy Equipment & Transportation sector at USD 2,076.6 Million, up 8%. Inspection reports and online bidding build buyer confidence and extend reach.

Key Used Truck Market Trends and Innovations

Adoption of Electric Trucks

European Union rules agreed in 2024 require CO2 emissions from new heavy-duty vehicles to fall by 45% from 2030, 65% from 2035 and 90% from 2040. As fleets add zero-emission trucks to meet these targets, older diesel units reach the secondary market. The Expert Market Research report notes that electric semi-truck launches by Tesla and Nikola move diesel trucks into resale channels. Buyers can assess the electric truck market for the longer-term supply of battery-electric units.

Digital Platforms for Used Truck Sales

Online marketplaces and auction networks improve reach and price transparency. RB Global describes itself as an omnichannel marketplace for commercial assets and vehicles, and platforms such as TruckPaper and Autotrader, along with start-ups such as TruckingHub and UsedTrucks.com, publish condition reports and vehicle histories. Fleet operators using telematics data may assess the fleet management market for inventory decisions.

Rise in Fleet Leasing and Rentals

Lease terms end with sales into the used market, which creates a steady supply of trucks. Ryder’s used vehicle fleet count ended the third quarter of 2026 at 7,300, down 14% from 8,500, which shows how quickly lease returns move through remarketing channels. Readers can review the truck rental and leasing market for the leasing outlook.

Shift Toward Heavy-Duty Used Trucks

Sequentially from the second quarter of 2026, Ryder’s used tractor pricing rose 15% and used truck pricing rose 6%. Over the first nine months of 2026, tractor proceeds per unit rose 10% and truck proceeds rose 3%. Class 7 and Class 8 trucks, above 26,000 lb gross vehicle weight rating, serve long-haul freight and construction.

Certified Pre-Owned Programmes

Manufacturer and dealer-backed certification adds inspection and warranty cover to resale. The July 2026 memorandum of understanding between Ashok Leyland and Shriram Automall India Limited aims to reach fleet operators and single-truck owners through an auction and remarketing network. Certified programmes address the maintenance and warranty concerns that Expert Market Research identifies as a source of buyer hesitation.

Market Challenges, Restraints, and Opportunities

Market challenges centre on price swings, regulatory timing and unit availability. Ryder’s average used truck proceeds per unit fell 15% and tractor proceeds fell 6% in the third quarter of 2025, and both reversed in the third quarter of 2026, which shows how quickly resale values shift. Final EPA rules for model year 2027 are awaited, and Rush Enterprises noted in its filing for the quarter ended 30 September 2026 that new Class 8 order activity had slowed in the meantime. Ryder’s nine-month used units sold were down 8% at 14,900, a reminder that the supply of late-model units can tighten. Tariffs on truck parts may raise reconditioning costs. The Expert Market Research report examines how these factors shape pricing by vehicle type and region.

Market restraints include the upfront price of used units for small businesses, regulatory compliance that limits the availability of older trucks, competition from newer fuel-efficient and electric models, and limited maintenance or warranty support, according to Expert Market Research data. The EPA proposal estimates that retaining model year 2026 warranty periods could save purchasers up to USD 6,000 per diesel vehicle, which may narrow the price gap between new and used trucks. Vehicle-age limits on imports in some markets also shape trade flows. Readers may explore the full report for regional regulatory detail.

Market opportunities span certified pre-owned programmes, digital marketplaces, emerging markets and electric truck turnover. The Expert Market Research forecast reflects demand from logistics, construction and agriculture, and from small and medium-sized businesses seeking lower-cost capacity. Manufacturers are building structured resale channels in Asia Pacific, and online auction platforms continue to add reach. Refurbishment, remanufacturing and financing add service revenue around each unit. The full report provides segment-level and regional forecasts to help planning teams prioritise entry points.

Used Truck Market Segmentation

The Expert Market Research report titled “Used Truck Market Report and Forecast 2026-2035”” offers a detailed analysis of the market based on the following segments.

Market Breakup by Vehicle Type

  • Light Truck
  • Medium-duty Truck
  • Heavy-duty Truck

Key Insights: Expert Market Research defines light trucks as vehicles weighing 14,000 lb or less, with good fuel economy, payload capacity and durability. Demand comes from intercity cargo movement and consumer goods delivery, supported by e-commerce growth. Commercial pickups and vans suit small businesses, contractors and service providers who need an affordable vehicle with low operating cost. Buyers can review the pickup trucks market for new-vehicle context.

Medium-duty trucks cover Class 4 to Class 6 vehicles with a gross vehicle weight rating between 14,001 and 26,000 lb, according to the Federal Highway Administration weight classes published by the US Department of Energy. Local delivery, retail distribution and service fleets use them, and used units give small and medium-sized businesses a lower-cost route to fleet expansion.

Heavy-duty trucks cover Class 7 and Class 8 vehicles above 26,000 lb and serve long-haul freight, construction materials, oversized equipment and tanks. Class 8 tractors carry the highest unit values in the used market, and their resale pricing responds quickly to new truck availability and emission rules. Buyers include long-haul carriers, owner-operators and construction haulers.

Others include dump trucks, tippers, tankers, boom trucks and utility trucks used in construction, utilities and municipal work. Infrastructure funding under the Infrastructure Investment and Jobs Act supports demand for the dump truck market, and utility fleets can explore the utility trucks market for new-vehicle trends.

Market Breakup by Region

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa

Key Insights: North America benefits from e-commerce growth and active fleet remarketing. Europe combines fleet renewal incentives with stricter CO2 standards, with Germany and France showing strong prospects. Asia Pacific demand reflects economic growth across logistics, construction and manufacturing. Latin America draws small and medium-sized enterprises, with Brazil and Argentina holding large parts of the market. The Middle East and Africa gain from construction projects, with South Africa and the UAE recording rapid freight growth.

Used Truck Market Segment Vehicle Type

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Used Truck Market Regional Analysis

North America Used Truck Market

North America combines a deep dealer and auction network with a large base of leasing and rental fleets. The United States dominates regional activity, and federal infrastructure funding supports construction demand, and the United States trucking market report provides further freight context.

Europe Used Truck Market

Europe is shaped by trade growth, demand for environmentally friendly transport and government incentives for fleet renewal. European Union CO2 standards for new heavy-duty vehicles increase the flow of zero-emission trucks into fleets, which feeds the secondary market over time. Germany and France offer strong prospects in the used commercial vehicle space, and readers can review the Europe electric truck market for the supply outlook.

Used Truck Market Regional Analysis

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Asia Pacific Used Truck Market

Asia Pacific demand is rising as buyers choose economical trucks amid rapid economic growth, with logistics, construction and manufacturing as the main end uses. Buyers look for cost efficiency and customisation. In India, organised auction and certification channels are emerging for fleet operators and single-truck owners.

Latin America Used Truck Market

Latin America gains momentum as small and medium-sized enterprises seek cheaper fleet solutions, with Brazil and Argentina holding large parts of the market. International trade and e-commerce add to demand. In Mexico, ANPACT reported that used heavy-vehicle imports tripled in 2024 to more than 29,000 units, and an Acuerdo published on 4 November 2025 aligns emissions rules with the age of imported used vehicles.

Middle East and Africa Used Truck Market

The Middle East and Africa market is driven by construction and infrastructure projects that need cost-effective, reliable heavy-duty trucks. South Africa and the UAE record rapid growth in road freight and transport logistics, which supports demand for used units across both regions.

Key Company Profiles of Used Truck Market

The report profiles the competitive landscape, covering company capacity and latest developments such as mergers, acquisitions, investments and expansions.

Daimler Truck AG

Daimler Truck AG, founded in 1998 and headquartered in Stuttgart, Germany, manufactures trucks and buses and develops electric and autonomous vehicle technology. Its zero-emission range adds to the pool of vehicles that reach the resale market as European CO2 standards apply to new heavy-duty vehicles.

AB Volvo

AB Volvo, founded in 1927 and based in Gothenburg, Sweden, manufactures trucks, buses, construction equipment, and marine and industrial engines. Volvo Trucks launched its Volvo Selected platform in Europe in May 2021 to simplify access to quality used trucks for buyers.

PACCAR Inc.

PACCAR Inc., founded in 1905 and headquartered in Bellevue, Washington, designs and manufactures light, medium and heavy-duty trucks under the Kenworth, Peterbilt and DAF nameplates, and provides financial services and customer support.

Ryder System, Inc.

Ryder System, Inc., founded in 1933 and headquartered in Miami, Florida, provides rental, leasing, maintenance and supply chain services. Its lease-return remarketing supplies late-model tractors and trucks to the used market.

*Please note that this is only a partial list; the complete list of key players is available in the full report. Additionally, the list of key players can be customized to better suit your needs.*

More Insights On

Fire Truck Market

*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*

Frequently Asked Questions About This Report

In 2025, the market reached an approximate value of USD 48.10 Billion.

The used truck market is assessed to grow at a CAGR of 4.00% between 2026 and 2035.

The market is estimated to witness healthy growth in the forecast period of 2026-2035 to reach a value of around USD 71.20 Billion by 2035.

The heightening application of used trucks across the construction sector, the increasing acceptance of used trucks in the transportation business, and the cost-effectiveness offered by used trucks are the major drivers of the market.

The key trends in the market include the thriving e-commerce sector boosting domestic trade and a gradual shift from traditional to electric trucks.

Light truck, medium-duty truck, and heavy-duty truck, among others, are the different vehicle types included in the market report.

North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa are the major regions in the market.

Traton SE (MAN SE, SCANIA AB), Daimler Truck AG, AB Volvo, PACCAR Inc., Ryder System, Inc., Penske Corporation, Inc., IVECO S.p.A, Navistar, Inc., The Larson Group Peterbilt, and Arrow Truck Sales, Inc., among others, are the key market players.

Report Summary

Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.

Key Highlights of the Report

Please note that the figures mentioned in the description serve as estimates and may vary from the actual figures presented in the final report.

REPORT FEATURES DETAILS
Base Year 2025
Historical Period 2019-2025
Forecast Period 2026-2035
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Vehicle Type
  • Region
Breakup by Vehicle Type
  • Light Truck
  • Medium-duty Truck
  • Heavy-duty Truck
  • Others
Breakup by Region
  • North America
    • United States of America 
    • Canada
  • Europe
    • United Kingdom
    • Germany
    • France
    • Italy
    • Others
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Australia
    • Others
  • Latin America
    • Brazil
    • Argentina
    • Mexico
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • United Arab Emirates
    • Nigeria
    • South Africa
    • Others
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • Traton SE (MAN SE, SCANIA AB)
  • Daimler Truck AG
  • AB Volvo
  • PACCAR Inc.
  • Ryder System, Inc.
  • Penske Corporation, Inc.
  • IVECO S.p.A
  • Navistar, Inc.
  • The Larson Group Peterbilt
  • Arrow Truck Sales, Inc.
  • Others

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