The newest Sandhills Global market reports covering used equipment, trucks, and trailers on Sandhills’ U.S. platforms show inventory and values trending down for used heavy-duty trucks, according to its April report. Used truck inventory was particularly lower compared to year-ago levels.

“New truck sales have been stagnant, with pre-buy behavior moving from 2025 to 2026,” said Truck Paper Manager Scott Lubischer. “OEMs recognize this, and they have been cutting back production. Given the uncertainty clouding the global economy, many buyers are stalling.”

In the used machinery markets, heavy-duty and medium-duty construction equipment inventory continues trending down at a similar rate while values are trending up or sideways in most categories. Inventory levels are rising in the used tractor market (especially in the 300-plus-horsepower category), auction values are trending up, and asking values are trending down.

“Buyers are acting cautiously, paying close attention to interest rates, tariffs, and commodity prices,” says TractorHouse Manager Ryan Dolezal. “Inventory levels are elevated, so many buyers are shopping for the lowest prices and only purchasing units when absolutely necessary. Dealers will need to stay attuned to the market and price accordingly to be successful as these market conditions will likely continue into spring.”

The key metric in all of Sandhills’ market reports is the Sandhills Equipment Value Index (EVI).