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Sandhills Report Shows Volatility in Short-Term Equipment Values

January 24, 2022, 07:00 AM
Filed Under: Trucking
Related: Sandhills Global

Recent equipment value movement across heavy-duty sleeper trucks show just how volatile values can be from month to month. A new Sandhills Global Market Report details that, from November to December 2021, heavy-duty sleeper truck values in Sandhills marketplaces rose 19.2 percent at auction, while asking values were up 18.3 percent month over month. The report also examines the short-term value trends in crawler excavators and high-horsepower (300-HP and greater) tractors.

The key metric used in this reporting is the Sandhills Equipment Value Index (EVI). Buyers and sellers can use the information in Sandhills EVI to monitor equipment markets and maximize returns on acquisition, liquidation, and related business decisions.

Sandhills Market Reports highlight the most significant changes in Sandhills' used heavy-duty truck, construction equipment and farm machinery markets. Each report includes detailed analysis and charts that help readers visualize the data. The short-term value changes featured in this report also detail which age groups are driving the highest increases in each equipment category.

U.S. Used Heavy-Duty Sleeper Trucks

  • Low inventory for heavy-duty sleeper trucks continues to impact used values.
  • From November to December 2021, average asking values and auction values both increased $12,000.
  • Asking values for late-model sleeper trucks (those in the 0- to 5-year age group) were up 19 percent M/M. Asking values for older models (over five years), by comparison, increased only 3.5 percent to 4 percent M/M.

U.S. Used Excavators

  • The Sandhills EVI finds that crawler excavator auction values were up 2.62 percent M/M, and asking values increased 0.84 percent M/M.
  • Crawler excavators in the 10- to 25-year age group displayed the highest asking value increase, up 2.34 percent M/M.
  • Asking values for the less-than-10-year age group increased between only 0.5 percent and 1.0 percent M/M.

U.S. Used Tractors 300 Horsepower and Greater

  • Compared to other major used equipment categories, high-horsepower tractors remained flat with a 0.17 percent M/M auction value increase and a 0.77 percent M/M decrease in asking value.
  • The slight downward trajectory is a departure from the upward increases in high-horsepower tractors seen throughout Q4 2021.
  • The 10- to 25-year age group produced the highest asking value increase, up 1.45 percent M/M. The less-than-10-year age group was flat from November to December 2021.

For more information, or to receive detailed analysis from Sandhills Global, contact

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