Inventory levels and pricing trends in the U.S. used truck market showed mixed movement in April, according to data released by Sandhills Global.

Heavy-duty truck inventory rose 3.75% from March but was down 23.05% year over year. Used sleeper trucks led the monthly growth with a 4.07% increase but also saw the steepest annual decline at 39.01%.

Asking values in the heavy-duty segment stayed mostly flat, edging up 0.21% from the prior month and down 3.16% from a year earlier. Day cab trucks recorded the largest drop in both monthly (2.2%) and yearly (4.55%) asking prices.

Auction values in this category were stable, up 1.57% month over month and down 2.2% year over year. Used sleeper trucks saw the biggest monthly bump at 5.29%, while day cabs had the largest annual decline at 8.24%.

In the used semi-trailer segment, inventory levels increased slightly by 1.03% from March but fell 13.39% from the previous year. Reefer trailers had both the highest month-over-month inventory growth at 4.37% and the largest year-over-year drop at 18.61%.

Asking values for semi-trailers rose 1.14% on the month but declined 4.9% annually. Auction values climbed 1.4% month over month and 0.54% year over year, with drop deck trailers leading monthly gains and reefer trailers seeing the steepest annual decline at 6.46%.

The most dramatic changes appeared in the medium-duty truck market. Inventory jumped 18.32% from March and 28.2% from April 2024. Dry cargo delivery box trucks saw the biggest monthly inventory gain at 23.51%, while reefer box trucks posted the sharpest annual surge at 83.43%.

Prices in this segment continued their downward trend. Asking values fell 1.64% month over month and 4.3% year over year, marking the eighth straight month of declines. Auction values also dropped for the eighth month in a row, down 3.15% from March and 4.83% year over year.