According to new Sandhills Global market reports, inventory levels of used day cab and sleeper trucks continued to decline in July, with overall used heavy-duty truck inventory 36% lower than last year and steadily trending toward COVID-era levels. In addition to heavy- and medium-duty trucks and semi-trailers, Sandhills market reports cover used construction and farm equipment on Sandhills plat. rm nicely for the remainder of the year and into 2027.”
The key metric in all of Sandhills’ market reports is the Sandhills Equipment Value Index (EVI). Buyers and sellers can use the information in the Sandhills EVI to monitor equipment markets and maximize returns on acquisition, liquidation, and related business decisions. The Sandhills EVI data include equipment available in auction and retail markets and model-year equipment actively in use. EVI spread measures the percentage difference between asking and auction values.
Sandhills market reports highlight the most significant changes in Sandhills’ used heavy-duty truck, semi-trailer, farm machinery, and construction equipment markets. Key points from the current reports are listed below. Full reports are available upon request.
U.S. Used Heavy-Duty Trucks
• Inventory levels in this market decreased 8.22% M/M and 36.03% Y/Y in July and have been trending down for eight consecutive months. Used sleeper trucks had the largest inventory changes, down 11.8% M/M and 40.32% Y/Y.
• Asking values decreased 0.88% M/M and 5.14% Y/Y and are trending down. Used day cab trucks had the largest asking value changes, down 1.37% M/M and 7.04% Y/Y.
• Auction values showed modest decreases of 1.09% M/M and 1.89% Y/Y and are trending sideways. Used sleeper trucks had the largest M/M auction value change, down 1.78%, while used day cab trucks had the largest Y/Y auction value change, down 5.23%.
U.S. Used Semi-Trailers
• Inventory levels of used semi-trailers decreased 4.75% M/M and 33.81% Y/Y in July and have been trending down for 12 consecutive months. Used refrigerated trailers had the largest inventory changes, down 18.25% M/M and 44.84% Y/Y.
• Asking values increased 0.47% M/M and 4.33% Y/Y and are trending up. Used flatbed trailers had the largest M/M asking value change, up 2.95%, while used reefer trailers had the largest Y/Y asking value change, up 7.27%.
• Auction values increased 1.45% M/M and 8.1% Y/Y and are trending up. Used dry van trailers had the largest M/M auction value change, up 4.78%, while used reefer trailers had the largest Y/Y auction value change, up 18.05%.
U.S. Used Medium-Duty Trucks
• Inventory levels of used medium-duty trucks decreased 5.46% M/M and 37.39% Y/Y in July and have been trending down for 11 months in a row.
• Asking values remained nearly flat M/M, with a 0.06% decrease, and fell 6.85% Y/Y. Asking values are trending down.
• Auction values decreased 1.06% M/M and 7.65% Y/Y and are trending down.
