The key metric used in this report is the Sandhills Equipment Value Index (EVI). Buyers and sellers can use information from Sandhills EVI to monitor equipment markets and maximize returns on acquisition, liquidation, and associated trading decisions.
Sandhills market reports highlight the most significant changes in the used heavy truck, construction equipment and farm machinery markets. Each report includes detailed analysis and charts that help readers visualize the data. Auction values ââfor bulldozers, heavy-duty tractors, and bed trucks are just a few of the key trends that you can explore in the latest market report.
Used Heavy Trucks in the United States
- The 74% increase in year-over-year auction value for used heavy trucks is underscored by a 7 percentage point increase in auction value from October to November 2021, showing continued strength for trucks at auction.
- The Sandhills EVI for used bed trucks reported an 80.2% year-over-year increase in value for the auction market in November. When comparing the average auction values ââsince the start of the year (January to November) from 2020 to 2021, the values ââof used bed trucks are on the rise $ 16,000.
Used Construction Equipment in the United States
- With auction values ââfor used construction equipment up 18.2% year-on-year, average auction values ââreached $ 67,794. The demanded values ââfor the same YOY period increased by 12.2%, bringing the average demanded value to $ 90,632.
- Used bulldozers generate value increases in the used construction equipment market. Bidding values ââfor bulldozers increased 20.1% yoy in November, while bidding values ââfor bulldozers increased 10.5% yoy.
Used Farm Equipment in the United States
- The 14.5% increase in the year-on-year auction value for November puts the average auction value for farm equipment at $ 139,918.
- The Sandhills EVI for the high horsepower tractor category (300 hp and above) shows that auction values âârose 14.7% year-on-year in November. Since the beginning of the year, the average auction values ââof high horsepower tractors have increased $ 19,000 YOY.
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About Sandhills Global
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About the Sandhills Equipment Value Index
The Sandhills Equipment Value Index (EVI) is a primary indicator of the estimated market values ââof used assets, both currently and over time, in the construction, agriculture and commercial trucking industries. represented by Sandhills Global Markets, including AuctionTime.com, TractorHouse.com, MachineryTrader.com, TruckPaper.com, and other industry specific equipment platforms. Powered by Fleet assessor, Sandhills’ proprietary asset valuation tool, Sandhills EVI provides useful insight into the ever-changing supply and demand conditions for each industry.
SOURCE Sandhills Global