Trucks/Heavy Equipment May Reporting

June 4, 2026

Market Report Links: 

Truck/Trailer – May 2026 Reporting

Construction – May 2026 Reporting 

Ag Equipment – May 2026 Reporting

Recreational Vehicles – May 2026 Reporting

Canada Construction – May 2026 Reporting

Canada Ag Equipment – May 2026 Reporting

Canada Trucking – May 2026 Reporting

U.S. Used Heavy-Duty Construction Equipment

  • Inventory levels in this market posted a marginal decrease of 0.16% month over month and fell 11.55% year over year in May and are trending down. Used crawler excavators had the largest M/M inventory change, down 1.41%, while used wheel loaders posted the largest Y/Y inventory change with a 13.32% decrease.
  • Asking values posted dipped 0.89% M/M and 3.02% Y/Y and are trending down. Used crawler excavators had the largest M/M asking value change, down 1.75%, while used wheel loaders had the largest Y/Y asking value change, down 4.14%.
  • Auction values decreased 1.53% M/M and 1.87% Y/Y and are trending sideways. Used wheel loaders had the largest M/M auction value change, down 2.41%, while used crawler excavators posted the largest Y/Y auction value change with a 3.44% decrease.

U.S. Used Medium-Duty Construction Equipment

  • Inventory levels of used medium-duty construction equipment posted a slight increase of 0.39% M/M but fell 15.65% Y/Y in May and have been trending down for seven consecutive months. Used wheeled skid steers had the largest M/M inventory change, up 2.93%, while used loader backhoes posted the largest Y/Y inventory change with a 26.5% decrease.
  • Asking values decreased 0.86% M/M and 0.63% Y/Y and are trending sideways. Used track skid steers had the largest asking value changes, down 1.17% M/M and 1.64% Y/Y.
  • Auction values posted marginal decreases of 0.86% M/M and 0.14% Y/Y and are trending sideways. Used track skid steers had the largest M/M auction value change, down 1.4%, while used wheeled skid steers posted the largest Y/Y auction value change with a 3.05% increase.

U.S. Used Aerial Lifts

  • Inventory levels in this market decreased 2.92% M/M and 2.99% Y/Y in May and are trending down. Used slab scissor lifts had the largest M/M inventory change, down 3.78%, while used articulating boom lifts posted the largest Y/Y inventory change with an 11.67% increase.
  • Asking values decreased 1.26% M/M and 1.21% Y/Y and are trending sideways. Used telescopic boom lifts had the largest asking value changes, down 3.61% M/M and 4.08% Y/Y.
  • Auction values decreased 1.73% M/M and 3.98% Y/Y and are trending down. Used telescopic boom lifts had the largest auction value changes, down 4.42% M/M and 5.67% Y/Y.

U.S. Used Forklifts

  • Inventory levels in this market jumped 5.63% M/M and 17.28% Y/Y in May and are trending up. Used cushion-tire forklifts had the largest inventory changes, up 6.57% M/M and 25.75% Y/Y.
  • Asking values posted a marginal increase of 0.06% M/M but decreased 3.23% Y/Y and are trending down. Used cushion-tire forklifts had the largest asking value changes, up 0.77% M/M and down 7.56% Y/Y.
  • Auction values decreased 1.06% M/M and 3.49% Y/Y and are trending down. Used cushion-tire forklifts had the largest auction value changes, down 1.97% M/M and 8.57% Y/Y.

U.S. Used Telehandlers

  • Inventory levels of U.S. used telehandlers increased 3.02% M/M and 5.3% Y/Y in May and are trending sideways.
  • Asking values increased 2.01% M/M but slipped 1.78% Y/Y and are trending sideways.
  • Auction values increased 1.05% M/M but decreased 1.58% Y/Y and are trending up.

U.S. Used Heavy-Duty Trucks

  • Inventory levels in this market fell 1.5% M/M and 23.14% Y/Y in May and have been trending down for six months. Used sleeper trucks had the largest M/M inventory change, down 3.3%, while used day cab trucks posted the largest Y/Y inventory change with a 25.31% decrease.
  • Asking values increased 1.63% M/M but decreased 1.29% Y/Y and are trending sideways. Used sleeper trucks led in M/M asking value changes with a 2.94% increase, while used day cab trucks had the largest Y/Y asking value change with a 4.09% decrease.
  • Auction values increased 3.07% M/M and 2.34% Y/Y and are trending up. Used sleeper trucks took the lead in auction value changes, growing 4.62% M/M and 3.91% Y/Y.

U.S. Used Semi-Trailers

  • Inventory levels of used semi-trailers posted a modest increase of 0.28% M/M but fell 26.9% Y/Y in May, continuing a 10-month-long downward trend. Used dry van trailers had the largest M/M inventory change, up 2.51%, while used reefer trailers posted the largest Y/Y inventory change with a 31.49% decrease.
  • Asking values posted a marginal decrease of 0.28% M/M but rose 2.61% Y/Y and are trending up. Used reefer trailers had the largest asking value changes, down 1.17% M/M and up 7.23% Y/Y.
  • Auction values inched downward by 0.6% M/M but jumped 6.35% Y/Y and are trending up. Used dry van trailers had the largest M/M auction value change, down 3.68%, while used reefer trailers posted the largest Y/Y auction value change with a 19.53% increase.

U.S. Used Medium-Duty Trucks

  • Inventory levels of used medium-duty trucks decreased 0.93% M/M and 37.52% Y/Y in May. Inventory levels in this market have been trending down for nine consecutive months.
  • Asking values dropped 1.81% M/M and 6.05% Y/Y and are trending down.
  • Auction values were down 2.39% M/M and 3.76% Y/Y and are trending down.

U.S. Used Tractors 100 Horsepower and Greater

  • Inventory levels in the used high-horsepower tractor market decreased 0.81% M/M and 16.23% Y/Y in May and have been trending down for 12 months. Used 100-to-174-HP tractors had the largest inventory changes, down 1.38% M/M and 21.99% Y/Y.
  • Asking values posted modest decreases of 0.51% M/M and 1.75% Y/Y and are trending down. Used 175-to-299-HP tractors had the largest M/M asking value change, down 1.36%, while used tractors 300 HP and greater posted the largest Y/Y asking value change with a 1.85% decrease.
  • Auction values were down 0.9% M/M but increased 2.36% Y/Y and are trending sideways. Used 175-to-299-HP tractors posted the largest auction value changes, down 1.38% M/M and up 3.21% Y/Y.
  • The EVI spread, which measures the percentage difference between asking and auction values, increased from 31% in April to 32% in May. This is lower than the peak values observed in 2015.

U.S. Used Combines

  • Used combine inventory levels posted a modest increase of 0.6% M/M but fell 10.09% Y/Y in May and are trending down.
  • Asking values decreased 2.61% M/M and 1.22% Y/Y and are trending sideways.
  • Auction values decreased 1.52% M/M, increased 0.76% Y/Y, and are trending sideways.
  • The EVI spread was 38%, down from 40% in April and lower than the peak values observed in 2015.

U.S. Used Sprayers

  • Inventory levels of used sprayers inched lower by 0.8% M/M in May, fell 19.18% Y/Y, and continued a 6-month-long downward trend.
  • Asking values decreased 2.84% M/M and 2.59% Y/Y and are trending down.
  • Auction values dropped 5.94% M/M and decreased 2.9% Y/Y and are trending down.
  • The EVI spread jumped four percentage points in May, to 40%, which is still lower than the peak values observed in 2015.

U.S. Used Planters

  • Used planter inventory levels dropped 5.33% M/M and fell 26.36% Y/Y in May and are trending down, continuing a 7-month-long pattern.
  • Asking values posted a marginal decrease of 0.15% M/M but increased 2.57% Y/Y and are trending sideways.
  • Auction values decreased 3.26% M/M but jumped 5.01% Y/Y and are trending sideways.
  • The EVI spread increased from 49% in April to 53% in May, still lower than the peak values observed in 2015.

U.S. Used Compact and Utility Tractors

  • Inventory levels in this market fell 2.91% M/M and 28.25% Y/Y in May and have been trending down for seven months. Used tractors with less than 40 HP had the largest inventory changes, down 5.87% M/M and 33.26% Y/Y.
  • Asking values remained almost flat with a 0.02% M/M increase and rose 1.63% Y/Y. Asking values have been trending up for five consecutive months. Used 40-to-99-HP tractors had the largest asking value changes, up 0.04% M/M and 1.76% Y/Y.
  • Auction values posted a marginal decrease of 0.16% M/M but increased 2.76% Y/Y and are trending up. Used tractors with less than 40 HP had the largest auction value changes, posting gains of 0.61% M/M and 2.81% Y/Y.

U.S. Used Self-Propelled Forage Harvesters

  • Inventory levels in this market decreased 0.87% M/M and 4.47% Y/Y and are trending sideways.
  • Asking values increased 2.03% M/M and 0.61% Y/Y and are trending up.
  • Auction values increased 3.8% M/M and 5.6% Y/Y and are trending up, continuing a pattern of monthly increases over the past several months.