Trucks/Heavy Equipment March Reporting (Sandhills Global)

April 7, 2026

Market Report Links: 

Truck/Trailer – March 2026 Reporting

Construction – March 2026 Reporting

Ag Equipment – March 2026 Reporting

Canada Construction – March 2026 Reporting

 Canada Ag Equipment – March 2026 Reporting

Canada Trucking – March 2026 Reporting

U.S. Used Heavy-Duty Trucks

  • Inventory levels in this market decreased 5.07% month over month and 15.71% year over year in March and are trending down. The largest decreases occurred among used sleeper trucks, down 5.83% M/M, and used day cab trucks, down 19.49% YOY.
  • Asking values decreased 1.53% M/M and 2.45% YOY in March and are trending down. Used sleeper trucks posted the largest M/M asking value decrease at 2.02%, while used day cab trucks had the largest YOY decline at 3.94%.
  • Auction values rose 0.68% M/M in March but decreased 1.05% YOY and are trending sideways. Used day cab trucks posted the largest M/M auction value increase at 2.01%, while the same category exhibited the largest YOY decline at 2.33%.

U.S. Used Semi-Trailers

  • Inventory levels of U.S. used semi-trailers fell 4.3% M/M and 27.01% YOY in March and are trending down. Inventory levels in this market have been trending down for eight consecutive months. Used reefer trailers posted the largest M/M inventory decrease at 13.79%, while used flatbed trailers had the largest YOY decline at 29.22%.
  • Asking values decreased 0.18% M/M in March but inched up 0.41% YOY and are trending up. Used drop deck trailers posted the largest M/M asking value decrease at 1.21%, while used dry van trailers posted the largest YOY decline at 5.74%.
  • Auction values increased 2.9% M/M and 1.4% YOY in March and are trending up. Used reefer trailers posted the largest M/M auction value increase at 6.14%, while used dry van trailers had the largest YOY decline at 10.95%.

 U.S. Used Medium-Duty Trucks

  • Inventory levels of U.S. used medium-duty trucks are trending down and have been trending down for seven consecutive months. In March, inventory fell 5.56% M/M and 27.93% YOY.
  • Asking values dropped 2.36% M/M and 7.58% YOY in March and are trending down.
  • Auction values decreased 3.58% M/M and 6.72% YOY in March and are trending down.

U.S. Used Heavy-Duty Construction Equipment

  • Inventory levels in this market, which includes U.S. used crawler excavators, dozers, and wheel loaders, are trending sideways. In March, inventory rose 0.02% M/M, while inventory fell 10.58% YOY. The largest changes occurred in the used wheel loader category, down 0.21% M/M and 14.08% YOY.
  • Asking values decreased 1.5% M/M and 3.15% YOY and are trending sideways. Used wheel loaders posted the largest asking value decreases, down 2.65% M/M and 4.06% YOY.
  • Auction values decreased 0.88% M/M and 0.63% YOY in March and are trending sideways. The largest auction value decreases were seen among used crawler excavators, down 1.74% M/M and 2.21% YOY.

U.S. Used Medium-Duty Construction Equipment

  • Inventory levels of used skid steers, loader backhoes, and mini excavators are trending down and have been trending down for five consecutive months. In March, inventory decreased 3.02% M/M and 14.52% YOY. The steepest declines were seen in the used loader backhoe category, with inventory down 4.36% M/M and 27.21% YOY.
  • Asking values decreased 0.3% M/M and 0.31% YOY and are trending sideways. Used mini excavators posted the largest asking value decreases, down 0.99% M/M and 0.86% YOY.
  • Auction values increased 0.01% M/M and 0.49% YOY in March and are trending up. The largest auction value changes were observed in used track skid steers, up 0.95% M/M, and used wheel skid steers, up 1.65% YOY.

U.S. Aerial Lifts

  • Inventory levels in this market increased 3.43% M/M in March but decreased 0.47% YOY and are trending down. Used articulating boom lifts posted the largest inventory increases, up 6.13% M/M and 14.33% YOY.
  • Asking values decreased 2.52% M/M and 0.59% YOY in March and are trending sideways. Used telescopic boom lifts had the largest M/M asking value decrease at 5.06%, while used rough-terrain scissor lifts posted the largest YOY increase at 3.26%.
  • Auction values decreased 2.69% M/M and 3.7% YOY in March and are trending sideways. Used telescopic boom lifts generated the largest auction value declines, down 6.16% M/M and 6.94% YOY.

U.S. Used Forklifts

  • Inventory levels in this market increased 0.85% M/M in March, increased 22.47% YOY, and are trending up. The used cushion-tire forklift category exhibited the largest inventory changes, up 0.91% M/M and 28.36% YOY.
  • Asking values decreased 1.44% M/M and 2.05% YOY in March and are trending down. Used pneumatic-tire forklifts posted the largest M/M asking value decrease at 1.6%, while used cushion-tire forklifts had the largest YOY decline at 4.87%.
  • Auction values fell 4.16% M/M and 3.24% YOY in March and are trending sideways. Used pneumatic-tire forklifts posted the largest auction value decreases, down 4.54% M/M and 4.32% YOY.

U.S. Used Telehandlers

  • Inventory levels of U.S. used telehandlers increased 4.86% M/M in March but decreased 0.88% YOY and are trending down.
  • Asking values decreased 3.74% M/M and 3.81% YOY in March and are trending sideways.
  • Auction values decreased 1.87% M/M and 3.81% YOY in March and are also trending sideways.

U.S. Used Tractors 100 Horsepower and Greater

  • Inventory levels in the U.S. used high-horsepower tractor market are trending down and have been trending down for 10 months. In March, inventory decreased 1.19% M/M and 18.44% YOY. Used tractors 100 to 174 HP posted the largest inventory decreases, down 2.14% M/M and 28.2% YOY.
  • Asking values decreased 0.68% M/M and 2.25% YOY in March and are trending sideways. Used tractors 300 HP and greater posted the largest asking value decreases, down 1.24% M/M and 3.22% YOY.
  • Auction values decreased 1.01% M/M in March but rose 0.35% YOY and are trending sideways. Used tractors 300 HP and greater posted the largest M/M auction value decrease at 1.91%, while used tractors 175 to 299 HP exhibited the largest YOY increase at 3.3%.
  • The EVI spread, which measures the percentage difference between asking and auction values, remained unchanged from the previous month at 32%. This is lower than the peak values observed in 2015.

U.S. Used Combines

  • U.S. used combine harvester inventory levels decreased 1% M/M and 10.69% YOY in March and are trending down.
  • Asking values decreased 0.87% M/M and 1.5% YOY and are trending sideways.
  • Auction values decreased 1.14% M/M in March but increased 2.26% YOY. Auction values are trending up.
  • The EVI spread increased one percentage point from the previous month to 37%. This is lower than the peak values observed in 2015.

U.S. Used Sprayers

  • Inventory levels of U.S. used sprayers decreased 8.55% M/M and 21.98% YOY in March and are trending down.
  • Asking values decreased 0.45% M/M and 2.38% YOY in March and are trending sideways.
  • Auction values decreased 1.35% M/M and 1.9% YOY in March and are trending sideways.
  • The EVI spread increased one percentage point from the previous month to 38%. This is lower than the peak values observed in 2015.

U.S. Used Planters

  • U.S. used planter inventory levels fell 4.47% M/M and 24.94% YOY in March and are trending down. Inventory levels in this market have been trending down for five consecutive months.
  • Asking values decreased 0.12% M/M in March but increased 3.09% YOY and are trending sideways.
  • Auction values slipped 0.12% M/M in March but increased 7.58% YOY and are trending sideways.
  • The EVI spread remained unchanged from the previous month at 50%. This is lower than the peak values observed in 2015.

U.S. Used Compact and Utility Tractors

  • Inventory levels in this market fell 6.03% M/M and 27.67% YOY in March and are trending down. Inventory levels have been trending down for five consecutive months. The used less-than-40-HP tractor category had the greatest influence on those changes, with inventory down 8.64% M/M and 30.2% YOY.
  • Asking values decreased 0.51% M/M in March but were up 1.4% YOY and are trending up. Used tractors 40 to 99 HP posted the largest M/M asking value decrease at 0.57%, while the same category posted the largest YOY increase at 1.73%.
  • Auction values decreased 1.96% M/M in March but climbed 2.29% YOY and are trending sideways. Used tractors 40 to 99 HP posted the largest auction value changes, down 2.59% M/M and up 2.75% YOY.