Sandhills Global released the September 2025 Truck/Trailer Equipment Report, revealing the following datapoints for the U.S.:
U.S. Heavy-Duty Trucks
- Inventory levels in this market dropped 6.1% M/M and 16.95% Y/Y in September, shifting to a downward trend from a 5-month-long steady trend that continued through August. The used day cab category had the largest M/M inventory level decrease at 10.02%, while used sleepers led in Y/Y inventory level decreases at 18.26%.
- The used heavy-duty truck market posted marginal asking price decreases in September, down 0.17% M/M and 0.54% Y/Y, and is trending sideways. The largest decreases occurred in the day cab category at 0.36% M/M and 7.48% Y/Y.
- Auction values exhibited a similar pattern, with decreases of 1.05% M/M and 0.9% Y/Y in September and a sideways trend. Used sleeper trucks had the largest M/M auction value decrease at 1.28%, while the used day cab category led in Y/Y decreases at 8.43%.
U.S. Used Semi-Trailers
- Inventory levels in this market fell 4.05% M/M and 16.34% Y/Y in September and are trending down for the seventh month in a row. Used reefer trailers led other categories in M/M inventory level decreases with a 7.32% drop. Used dry van trailers led other categories in Y/Y declines at 26.26%.
- Asking values decreased by 1.01% M/M and 1.59% Y/Y in September and are trending downward. The categories leading these changes were used reefer trailers, with asking prices down 2.58% M/M, and used drop deck trailers, down 3.89% Y/Y.
- Auction values were down 1.11% M/M and 1.43% Y/Y in September and are trending downward. Used dry van trailers led other categories in M/M auction value decreases at 5.73% and Y/Y decreases at 8.6%.
U.S. Used Medium-Duty Trucks
- Inventory levels of used medium-duty trucks are trending downward, with a 7.95% M/M decrease and a modest 0.53% Y/Y increase in September.
- Asking prices decreased by 0.21% M/M and 4.39% Y/Y. Asking values have been trending down for 13 consecutive months.
- Auction values decreased by 0.66% M/M and 6.6% Y/Y in September and are trending downward.
