New Sandhills Global market reports show ongoing inventory declines across several key used equipment and truck markets in June, including high-horsepower tractors, heavy-duty trucks, and semi-trailers. Sandhills market reports highlight monthly and year-over-year changes in inventory levels, asking values, and auction values on TractorHouse.com, MachineryTrader.com, TruckPaper.com and other Sandhills platforms.

Inventory levels of used high-horsepower tractors are trending down, while asking and auction values are trending up with marginal month-over-month increases. Used medium-duty construction equipment inventory levels were up from May but still down 15% from last year.

Addressing the commercial trucking market, Truck Paper Sales Manager Scott Lubischer says, “Freight continues to be strong and fuel prices are letting up, leaving dealers hopeful that prices will go down. Aggressively priced units are currently moving, and more dealers are looking to buy.”

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 here.