FREE SUBSCRIPTION Includes: The Advisor Daily eBlast + Exclusive Content + Professional Network Membership: JOIN NOW LOGIN
Skip Navigation LinksHome / News / Read News


Used Inventory Levels Falling, Asset Values Rising Across Farm Equipment, HD Truck Markets

October 08, 2020, 06:45 AM
Filed Under: Trucking
Related: Sandhills Global

A new Sandhills Global market data report indicates inventory levels play a large role in the average value of used equipment. Due to the seasonal trends across the agricultural equipment, commercial truck, and heavy machinery markets, it’s essential that sellers compare current values to the historic rise and fall of used equipment values. For its market reports, Sandhills examines the long-term market history across a wide range of used equipment industries along with current trends to provide sellers with the most valuable market perspective.

With used heavy-duty truck inventory continuing to decline, Sandhills market data shows ongoing value increases; average values for sleeper trucks underscored these market factors with a 4 percentage point improvement year-over-year.

Recovery in the farm equipment market was highlighted by a 2.78 percent year over year gain in September, guided in part by tractor inventory trending down year to date across horsepower groups. The reduction in used tractor inventory contributed to average year-over-year price increases across all tractor segments.

In the heavy-duty construction market, the 4.07 percent year-over-year decrease was driven by average price declines year over year in the 0- to 5-year age groups within the excavator and dozer categories.

The used inventory on,,,, and Sandhills’ other industry-leading websites and trade publications provide an enormous share of the data that Sandhills tracks for its analysis and reporting. This data is reflected in Sandhills' Used Price Index.

See the full release here.

Comments From Our Members

You must be an Equipment Finance Advisor member to post comments. Login or Join Now.