#United States #Lincoln #Sandhills Global #Heavy-Duty Trucks #Equipment Value Index

Analysis of the Used Heavy-Duty Truck Market

As of July 2026, Sandhills Global has released new market insights revealing a substantial decrease in inventory levels for used heavy-duty trucks, specifically day cabs and sleeper models. The decline in inventory, which is down by 36% compared to the previous year, points towards a trend that has been ongoing for eight consecutive months. This mirrors the broader effects seen in the commercial vehicle market during the COVID-19 pandemic.

Current Market Overview

Inventory Trends

According to the latest findings:

• - Heavy-Duty Trucks: There was an 8.22% month-over-month (M/M) decrease in the inventory of used heavy-duty trucks. Specifically, used sleeper trucks noted an even larger reduction, with a 40.32% drop year-over-year (Y/Y).
• - Semi-Trailers: Seeing a decline of 4.75% M/M and 33.81% Y/Y, the inventory of used semi-trailers has similarly been trending down for 12 consecutive months.
• - Medium-Duty Trucks: There was a noticeable drop of 5.46% M/M and 37.39% Y/Y in this category, indicating a sluggish market for these vehicles.

Pricing Trends

Interestingly, despite the fall in inventory levels, the asking values for these vehicles are demonstrating mixed trends:

• - Heavy-Duty Trucks Asking Values: Down by 0.88% M/M and 5.14% Y/Y. Particularly, used day cab trucks showed a 7.04% decrease in asking prices.
• - Semi-Trailers Asking Values: In contrast, there was a slight uptick of 0.47% M/M and 4.33% Y/Y in asking prices, signaling a varying demand in different segments.

Auction Value Changes

• - While auction values experienced overall modest declines, the varying categories reflect different trends. For instance, heavy-duty trucks experienced a modest decrease of 1.09% M/M.

Market Insights from Truck Paper Sales Manager

Scott Lubischer from Truck Paper has shared optimistic views about the current market conditions, emphasizing how the full OEM order boards and decreasing used vehicle stocks bode well for retail values. He believes that the market is poised for a stronger performance moving into the latter half of 2026 and beyond into 2027.

Equipment Value Index (EVI) Highlights

A primary measure relating to asset values in this market is the Sandhills Equipment Value Index (EVI). This metric serves crucial functions for both buyers and sellers, assisting them in evaluating market conditions regarding equipment acquisition and liquidation. The EVI is an essential tool for understanding current market values and trends in equipment, including heavy-duty trucks.

Summary

The recent declines in used heavy-duty truck inventories highlight the demand fluctuations and changes in purchasing behaviors within the market. As the transportation industry continues to adapt post-pandemic, understanding these trends is vital for stakeholders involved in the trucking and transport sectors. Monitoring the movements within the EVI can provide additional insights for making informed decisions in this evolving landscape.

In conclusion, as the market shows patterns of increasing mileage and declining inventories, it remains to be seen how these factors will influence auction and retail prices as we progress through the year.