Sandhills Global: Used Heavy- and Medium-Duty Truck Inventory Levels Rise Again in June



According to Sandhills Global, used heavy- and medium-duty truck inventory levels rose slightly on a month-over-month and year-over-year basis in June, while used semitrailer inventory levels dropped month-over-month but are on an upward trend year over year.

U.S. Used Heavy-Duty Trucks

  • Inventory levels of used heavy-duty trucks rose slightly in June, up 1.24% M/M and 0.7% YOY, and are trending sideways.
  • Values, meanwhile, continue trending down following months of decreases. Asking values decreased by 1.66% M/M and 17.6% YOY in June.
  • Auction values dropped by 4% M/M and 20.18% YOY.

U.S. Used Semitrailers

  • Inventory levels of used semitrailers are nearing pre-COVID levels, driven primarily by increases in the dry van trailer category. Used semitrailer inventory levels dropped just 0.66% M/M but are trending up and were 26.81% higher YOY in June.
  • After several months of decreases, asking values decreased 2.15% M/M and 19.55% YOY.
  • Auction values have also experienced months of decreases. Auction values were down 0.33% M/M and 19.68% YOY in June.

U.S. Used Medium-Duty Trucks

  • Inventory levels in this category were up 2.65% M/M in June following months of increases and were 28.21% higher than last year.
  • Rising inventory levels of medium-duty trucks continue to add pressure to asking and auction values, which are both trending downward. Asking values posted a marginal M/M increase in June, decreased by 12.85% YOY, and are trending down.
  • After months of decreases, auction values dropped by 3.02% M/M and 16.37% YOY in June.

U.S. Used Lifts

  • Inventory levels of used lifts remain elevated while values continue downward trends. Inventory levels in this market were up 5.3% M/M and 11.29% YOY in June and are trending upward.
  • Asking values dropped by 3.2% M/M and 9.05% YOY.
  • Auction values fell 3.65% M/M and 14.78% YOY.

The full report is available online: https://sandhills.showpad.com/share/AmRPr5kumXykm6eyx4gI0.


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