A new Sandhills Global market report highlights how the continuing decline in used inventory since the beginning of 2021 has affected the value of key equipment segments in the agriculture, construction and commercial trucking industries. Reduced inventory numbers routinely exhibit an inverse relationship with used equipment values, and with inventory levels in some segments surpassing historically low inventory volumes, used equipment values are also trending upward to historic highs.
Many used equipment markets experienced growing sales activity in last half of 2020, and inventory levels in 2021 have continued to drop in recent months as market demand for equipment has steadily increased. Notably, the Sandhills Equipment Value Index (EVI) is charting historically low inventory volumes in tractors in the 175- to 299-horsepower range, 18- to 36-ton crawler excavators and heavy-duty sleeper trucks.
U.S. Used Heavy-Duty Sleeper Trucks
U.S. Used Excavators
U.S. Used Tractors
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