Sandhills Global Truck, Trailer & Equipment Market Reports October 2026

Pre-Owned Aircraft Inventory Levels Climb in October but Remain Below Year-Ago Levels

The newest Sandhills Global market reports, which cover October data for used trucks and equipment on TruckPaper.com,TractorHouse.com, MachineryTrader.com, and other Sandhills platforms, underscore inventory declines across most market segments. Inventory dropped lower than year-ago levels in every market except for aerial lifts and forklifts. Year-over-year inventory decreases were sharpest among used heavy-duty trucks, semi-trailers, and medium-duty trucks.

“Although inventory remains low, prices are solid,” says Truck Paper manager Scott Lubischer. “There is higher demand for lower-mileage units, which are performing well compared to higher-mileage trucks. On the trailer front, demand is picking up and trailer inventory is getting some much-needed attention.” Auction values for used semi-trailers were up 3.18% month-over-month and 19.64% Y/Y in October, led by used dry van and refrigerated trailers.

Used aerial lifts and forklifts showed the opposite pattern. Compared to year-ago figures, inventory levels in these markets were up and values were down. In the used farm equipment market, inventory levels for high-horsepower tractors were down 12% from the previous year, continuing a 17-month downward trend despite a slight monthly increase.

The key metric 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 and model-year equipment actively in use. EVI spread measures the percentage difference between asking and auction values.

Market Report Details

Sandhills market reports highlight the most significant changes in Sandhills’ used heavy-duty truck, semi-trailer, 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

Inventory levels of used day cab and sleeper trucks decreased 0.83% M/M and 37.25% Y/Y in October and are trending down for the 11th consecutive month. Used day cab trucks had the largest M/M inventory change, down 8.39%, while used sleeper trucks had the largest Y/Y decline of 39.22%.
Asking values dipped 0.24% M/M but increased 2.12% Y/Y and are trending up. Used sleeper trucks had the largest asking value changes, down 1.16% M/M and up 2.28% Y/Y.
Auction values slipped 0.16% M/M but rose 6.09% Y/Y and are trending sideways. Used day cab trucks had the largest M/M auction value increase at 1.46%, while used sleeper trucks posted the largest Y/Y gain of 6.72%.

Chart showing current inventory, asking value, and auction value trends for used heavy-duty trucks.

U.S. Used Semi-Trailers

Inventory levels of used semi-trailers decreased 3.85% M/M and 33.92% Y/Y in October and are trending down for the 15th consecutive month. Used dry van trailers had the largest M/M inventory decrease at 9.16%, while used reefer trailers experienced the steepest Y/Y decline of 45.05%.
Asking values rose 1.46% M/M and 9.46% Y/Y and are trending up. Used reefer trailers had the largest asking value increases, climbing 2.86% M/M and 17.04% Y/Y.
Auction values increased 3.18% M/M and jumped 19.64% Y/Y and are trending up. Used dry van trailers had the largest M/M auction value gain of 10.94%, while used reefer trailers posted the strongest Y/Y increase at 29.44%.

Chart showing current inventory, asking value, and auction value trends for used semi-trailers.

U.S. Used Medium-Duty Trucks

Inventory levels of used medium-duty trucks dipped 0.19% M/M and dropped 29.42% Y/Y in October and are trending down for the 14th month in a row.
Asking values increased marginally by 0.2% M/M but decreased 3.52% Y/Y, continuing a six-month-long downward trend.
Auction values declined 1.57% M/M and 4.81% Y/Y and are also trending down for the sixth consecutive month.

Chart showing current inventory, asking value, and auction value trends for used medium-duty trucks.

U.S. Used Tractors 100 Horsepower & Greater

Inventory levels in the used high-HP tractor market increased 1.38% M/M in October but decreased 12.28% Y/Y and are trending down for the 17th month in a row. Used 100- to 174-HP tractors had the largest inventory changes, up 5.23% M/M and down 12.88% Y/Y.
Asking values edged up 0.15% M/M and increased 1.07% Y/Y and are trending sideways. Used 100- to 174-HP tractors had the largest M/M asking value increase at 0.31%, while used 175- to 299-HP tractors posted the strongest Y/Y gain of 3.57%.
Auction values dipped 0.81% M/M but rose 4.43% Y/Y and are trending sideways. Used tractors with 300 HP and greater had the largest M/M auction value change, down 1.38%, while used 175- to 299-HP tractors had the largest Y/Y increase at 6.7%.
The EVI spread, which measures the percentage difference between asking and auction values, was 32% in October, a one-percentage-point increase from September.

Chart showing current inventory, asking value, and auction value trends for used tractors.

U.S. Used Combines

Used combine harvester inventory levels dropped 6.11% M/M and 9.67% Y/Y in October and are trending down.
Asking values increased slightly, rising 0.21% M/M, but decreased 2.68% Y/Y and are trending down.
Auction values increased 1.23% M/M but fell 0.88% Y/Y and are trending down for the fifth consecutive month.
The EVI spread was 36%, a two-percentage-point decrease from September.

Chart showing current inventory, asking value, and auction value trends for used combines.

U.S. Used Sprayers

Inventory levels of used sprayers increased 4.72% M/M in October, declined 12.93% Y/Y, and are trending sideways.
Asking values rose 1.85% M/M, fell 3.14% Y/Y, and are trending sideways.
Auction values increased 1.64% M/M but decreased 2.24% Y/Y and are trending sideways.
The EVI spread was 37%, unchanged from September.

Chart showing current inventory, asking value, and auction value trends for used sprayers.

U.S. Used Planters

Used planter inventory levels increased 1.42% M/M in October, decreased 14.04% Y/Y, and are trending up.
Asking values dipped marginally by 0.05% M/M but climbed 6.79% Y/Y and are trending sideways.
Auction values decreased 0.92% M/M but jumped 15.41% Y/Y and are trending sideways.
The EVI spread was 45%, a one-percentage-point increase from September.

Chart showing current inventory, asking value, and auction value trends for used planters.

U.S. Used Self-Propelled Forage Harvesters

Inventory levels in this market increased marginally by 0.83% M/M in October but decreased 5.43% Y/Y and are trending sideways.
Asking values declined 1.38% M/M and 1.15% Y/Y and are trending down.
Auction values decreased 1.72% M/M and 1.11% Y/Y and are trending down.

Chart showing current inventory, asking value, and auction value trends for used forage harvesters.

U.S. Used Compact & Utility Tractors

Inventory levels in this market increased 6.04% M/M in October but fell 17.32% Y/Y and are trending sideways. Used tractors with less than 40 HP had the largest inventory changes, up 6.82% M/M and down 18.29% Y/Y.
Asking values dipped marginally by 0.06% M/M but increased 1.82% Y/Y and are trending sideways. Used tractors with less than 40 HP had the largest M/M asking value change, down 0.3%, while used 40- to 99-HP tractors had the largest Y/Y increase at 1.88%.
Auction values were nearly unchanged M/M, decreasing 0.01%, but increased 1.23% Y/Y and are trending down. Used tractors with less than 40 HP had the largest auction value changes, down 0.61% M/M and up 1.23% Y/Y.

Chart showing current inventory, asking value, and auction value trends for used compact and utility tractors.

U.S. Used Heavy-Duty Construction Equipment

Inventory levels in this market increased 0.73% M/M but decreased 9.62% Y/Y in October and are trending down. Used crawler dozers had the largest M/M inventory change, up 1.55%, while used wheel loaders posted the largest Y/Y decline of 12.27%.
Asking values decreased 0.95% M/M and 3.64% Y/Y and are trending down for the sixth consecutive month. Used crawler excavators had the largest asking value changes, down 2.62% M/M and 6.29% Y/Y.
Auction values fell 2.04% M/M and 4.95% Y/Y and are trending down for the fifth month in a row. Used crawler excavators posted the largest auction value decreases, dropping 4.05% M/M and 6.31% Y/Y.

Chart showing current inventory, asking value, and auction value trends for used heavy-duty construction equipment.

U.S. Used Medium-Duty Construction Equipment

Inventory levels of used medium-duty construction equipment increased 3.04% M/M but decreased 10.23% Y/Y in October and are trending sideways. Used mini excavators had the largest M/M inventory increase at 5.65%, while used loader backhoes posted the steepest Y/Y decline of 23.18%.
Asking values fell 0.56% M/M and 1.18% Y/Y and are trending down. Used loader backhoes had the largest M/M asking value decrease at 1.01%, while used mini excavators had the largest Y/Y decline of 3.17%.
Auction values decreased 1.16% M/M and 1.09% Y/Y and are trending down. Used mini excavators had the largest auction value changes, down 2.89% M/M and 3.58% Y/Y.

Chart showing current inventory, asking value, and auction value trends for used medium-duty construction equipment.

U.S. Used Aerial Lifts

Inventory levels of used aerial lifts increased 6.59% M/M and 4.12% Y/Y in October and are trending up. Used slab scissor lifts had the largest M/M inventory increase at 7.33%, while used articulating boom lifts posted the strongest Y/Y gain of 13.7%.
Asking values decreased 2.33% M/M and 2.76% Y/Y and have been trending down for five months. Used rough-terrain scissor lifts had the largest M/M asking value decline at 3%, while used telescopic boom lifts had the largest Y/Y decrease of 4.29%.
Auction values dipped 0.22% M/M and fell 3.6% Y/Y and are trending down for the sixth consecutive month. Used articulating boom lifts had the largest auction value decreases, down 0.93% M/M and 4.45% Y/Y.

Chart showing current inventory, asking value, and auction value trends for used aerial lifts.

U.S. Used Forklifts

Used forklift inventory levels decreased 2.79% M/M but climbed 11.41% Y/Y in October and are trending up for the sixth consecutive month. Used cushion-tire forklifts had the largest inventory changes, down 4.46% M/M and up 14.06% Y/Y.
Asking values declined 1.97% M/M and 4.33% Y/Y and are trending down. Used cushion-tire forklifts posted the largest asking value decreases, falling 2.21% M/M and 7.19% Y/Y.
Auction values decreased 1.34% M/M and 5.95% Y/Y and are trending down. Used cushion-tire forklifts had the largest auction value declines, dropping 3.11% M/M and 15.16% Y/Y.

Chart showing current inventory, asking value, and auction value trends for used forklifts.

U.S. Used Telehandlers

Inventory levels of U.S. used telehandlers increased 0.91% M/M but decreased 3.95% Y/Y. Used telehandler inventory levels are currently trending up.
Asking values declined 1.39% M/M and 8% Y/Y and are trending down for the fifth consecutive month.
Auction values decreased 0.39% M/M and 5.88% Y/Y and have been trending down for five months.

Chart showing current inventory, asking value, and auction value trends for used telehandlers.

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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 platforms, including AuctionTime.com, TractorHouse.com, MachineryTrader.com, TruckPaper.com, and other industry-specific equipment platforms. Powered by Value Insight Portal (VIP+), Sandhills’ proprietary asset valuation tool, Sandhills EVI provides useful insights into the ever-changing supply-and-demand conditions for each industry.

Used Truck & Trailer Inventory Down In October As Semi-Trailer Auction Values Jump Nearly 20%