Ryder Sees Used-Truck Prices Rising Into 2027

Ryder System expects used truck and tractor prices to keep firming through 2027, adding another planning variable for fleets trying to time replacement cycles.

CEO John Diez told investors that used prices are likely to rise at least 10% year over year in 2027, following roughly 5% improvement in 2026, according to Transport Topics.

The Market Is Already Moving

Ryder said used tractor pricing increased 6% year over year in the second quarter of 2026, while truck pricing rose 3%. Compared with the first quarter, used tractor pricing was up 7% and truck pricing was up 3%.

The company's used vehicle sales were still lower than a year earlier, falling to 5,100 units from 6,200. But sales improved by 500 vehicles from the first quarter, a sign that buyers are coming back into the market even as fleet expansion remains limited.

Replacement Timing Gets Tighter

Diez tied the outlook partly to freight-market recovery and partly to expected pressure on new-truck pricing. He said model-year 2027 pricing could move higher by high single digits to low double digits as emissions-rule uncertainty and warranty assumptions work through the market.

For private and vocational fleets, the practical takeaway is straightforward: delayed replacements may not stay cheap. If used pricing keeps rising alongside new equipment, fleets will need sharper lifecycle math around age, maintenance spend, downtime, and resale timing.