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07 Sep, 2023, 13:05 ET
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LINCOLN, Neb., Sept. 7, 2023 /PRNewswire/ — According to the newest Sandhills Global market reports, ongoing inventory increases have led to decreased auction values across the construction equipment, farm machinery, heavy-duty truck, and semitrailer categories in Sandhills marketplaces. These increases have led to decreased auction values and a wider spread between asking and auction values.
“As we continue seeing inventory levels rise across our markets, a corresponding drop in auction values is to be expected,” says Sales Manager Mitch Helman. “Asking values are dropping less quickly in some markets. The spread between asking and auction values is especially pronounced for medium-duty construction equipment, medium-duty trucks, and high-horsepower tractors.”
The key metric used in all of Sandhills’ market reports is the Sandhills Equipment Value Index (EVI). Buyers and sellers can use the information in the Sandhills EVI to monitor equipment markets and maximize returns on acquisition, liquidation, and related business decisions. The Sandhills EVI data include equipment available in auction and retail markets as well as model year equipment actively in use.
Additional Market Report Takeaways
Sandhills market reports highlight the most significant changes in Sandhills’ used heavy-duty truck, semitrailer, farm machinery, and construction equipment markets. Key points from the current reports are listed below. Full reports are available upon request.
U.S. Used Heavy-Duty Trucks
U.S. Used Semitrailers
U.S. Used Medium-Duty Trucks
U.S. Used Farm Equipment
U.S. Used High-Horsepower Tractors (300 HP and Greater)
U.S. Used Compact and Utility Tractors
U.S. Used Medium-Duty Construction Equipment
U.S. Used Heavy-Duty Construction Equipment
U.S. Used Lifts
Obtain the Full Reports
For more information, or to receive detailed analysis from Sandhills Global, contact us at [email protected].
About Sandhills Global
Sandhills Global is an information processing company headquartered in Lincoln, Nebraska. Our products and services gather, process, and distribute information in the form of trade publications, websites, and online services that connect buyers and sellers across the construction, agriculture, forestry, oil and gas, heavy equipment, commercial trucking, and aviation industries. Our integrated, industry-specific approach to hosted technologies and services offers solutions that help businesses large and small operate efficiently and grow securely, cost-effectively, and successfully. Sandhills Global—we are the cloud.
About the Sandhills Equipment Value Index
The Sandhills Equipment Value Index (EVI) is a principal gauge of the estimated market values of used assets—both currently and over time—across the construction, agricultural, and commercial trucking industries represented by Sandhills Global marketplaces, including AuctionTime.com, TractorHouse.com, MachineryTrader.com, TruckPaper.com, and other industry-specific equipment platforms. Powered by FleetEvaluator, Sandhills’ proprietary asset valuation tool, Sandhills EVI provides useful insights into the ever-changing supply-and-demand conditions for each industry.
Contact Sandhills
www.sandhills.com/contact-us
402-479-2181
SOURCE Sandhills Global
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