Day Cab Trucks: Class 8 US Used Market PDF Free Download
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Day Cab Trucks
Class 8: US Used Market
February, 2024
Sandhills EVI Restate:
Sandhills Equipment Value Index (EVI) version enhancements and weighng adjustments are introduced
annually effecve with the publicaon of the January EVI. Also effecve with the January 2024 EVI, historical
EVI metrics have been amended and recalculated back to 2005. All calendar year 2024 EVI releases will include
these enhancements.
Used Day Cab Trucks For Sale:
$573.1M
FREIGHTLINER
INTERNATIONAL
KENWORTH
MACK
PETERBILT
VOLVO
WESTERN STAR
Grand Total
$571.3M
$8.7M
$54.8M
$81.0M
$32.1M
$86.7M
$74.7M
$233.2M
February
© Copyright 2024, Sandhills Global, Inc. (“Sandhills”). All rights reserved.
The information in this document is for informational purposes only. It should not be construed or relied upon as business, marketing, financial, investment, legal, regulatory or other advice. This document contains proprietary
information that is the exclusive property of Sandhills. This document and the material contained herein may not be copied, reproduced or distributed without prior written consent of Sandhills.
Class 8: US Used Market
Used Market: For Sale Lisngs
FREIGHTLINER
INTERNATIONAL
KENWORTH
MACK
PETERBILT
VOLVO
WESTERN STAR
Grand Total
$588.5M
$9.5M
$54.8M
$82.9M
$32.7M
$91.2M
$70.9M
$246.3M
January
Top Manufacturers:
$573.1M
© Copyright 2024, Sandhills Global, Inc. (“Sandhills”). All rights reserved.
The information in this document is for informational purposes only. It should not be construed or relied upon as business, marketing, financial, investment, legal, regulatory or other advice. This document contains proprietary
information that is the exclusive property of Sandhills. This document and the material contained herein may not be copied, reproduced or distributed without prior written consent of Sandhills.
Class 8: US Used Market
Used Market: US Regional Metrics
North Central
$160.3M
South Central
$72.4M
North East
$139.7M
South East
$125.5M
West
$75.2M
© 2024 Mapbox © OpenStreetMap
For Sale by Region
Region
North
CentralNorth East
South
CentralSouth East West
Grand
Total
Asking EVI
Aucon EVI
Day Cabs on Truckpaper.com
Sold Units
% Inventory Sold
22.1%
3,000
13,561
$22K
$38K
25.3%
409
1,619
$23K
$39K
21.5%
641
2,975
$22K
$38K
26.9%
428
1,590
$22K
$38K
15.4%
567
3,693
$20K
$36K
25.9%
955
3,684
$24K
$40K
** West Region also includes Alaska & Hawaii
Asking - % Y/Y Change
Asking - % M/M Change
Aucon - % Y/Y Change
Aucon - % M/M Change
Inventory - % Y/Y Change
Inventory - % M/M Change
For Sale - % M/M Change
-4.1%
-0.7%
31.5%
-2.7%
-19.8%
-1.7%
-13.5%
-5.6%
-0.5%
64.0%
-8.8%
-26.7%
-5.9%
-17.9%
0.6%
0.9%
48.0%
-2.2%
-20.4%
-1.4%
-14.1%
-3.7%
-0.7%
33.9%
-6.8%
-24.2%
-4.6%
-16.7%
3.3%
3.8%
29.8%
-4.2%
-22.5%
-3.1%
-16.1%
-2.9%
0.1%
41.3%
-4.9%
-22.7%
-3.4%
-15.7%
© Copyright 2024, Sandhills Global, Inc. (“Sandhills”). All rights reserved.
The information in this document is for informational purposes only. It should not be construed or relied upon as business, marketing, financial, investment, legal, regulatory or other advice. This document contains proprietary
information that is the exclusive property of Sandhills. This document and the material contained herein may not be copied, reproduced or distributed without prior written consent of Sandhills.
Class 8: US Used Market
Inventory By State
© 2024 Mapbox © OpenStreetMap
2016 2018 2020 2022 2024
0K
10K
20K
30K
40K
50K
$38K
$22K
Asking vs Aucon EVI
2017 2019 2021 2023
-20.0%
0.0%
20.0%
40.0%
60.0%
-15.7%
-22.7%
Asking vs Aucon EVI Y/Y Variance
© Copyright 2024, Sandhills Global, Inc. (“Sandhills”). All rights reserved.
The information in this document is for informational purposes only. It should not be construed or relied upon as business, marketing, financial, investment, legal, regulatory or other advice. This document contains proprietary
information that is the exclusive property of Sandhills. This document and the material contained herein may not be copied, reproduced or distributed without prior written consent of Sandhills.
Class 8: US Used Market
Sandhills Equipment Value Index (EVI)
Asking EVI Aucon EVI
2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
$0K
$10K
$20K
$30K
$40K
$50K
0K
5K
10K
15K
20K
Q3, 2018 supply boomed out
Q2, 2022 Price Peaked
Asking EVI & Inventory Trend
Asking EVI Day Cabs on Truckpaper.com
© Copyright 2024, Sandhills Global, Inc. (“Sandhills”). All rights reserved.
The information in this document is for informational purposes only. It should not be construed or relied upon as business, marketing, financial, investment, legal, regulatory or other advice. This document contains proprietary
information that is the exclusive property of Sandhills. This document and the material contained herein may not be copied, reproduced or distributed without prior written consent of Sandhills.
Class 8: US Used Market
Sandhills Equipment Value Index (EVI) & Inventory Trend
- Inventory +0.1% M/M with the
Asking EVI -3.4% M/M
2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
0.0%
10.0%
20.0%
30.0%
40.0%
22.1%
Day Cabs % of Inventory Sold Last Month
© Copyright 2024, Sandhills Global, Inc. (“Sandhills”). All rights reserved.
The information in this document is for informational purposes only. It should not be construed or relied upon as business, marketing, financial, investment, legal, regulatory or other advice. This document contains proprietary
information that is the exclusive property of Sandhills. This document and the material contained herein may not be copied, reproduced or distributed without prior written consent of Sandhills.
Class 8: US Used Market
% of Inventory Sold Last Month
2016 2017 2018 2019 2020 2021 2022 2023 2024
-10.0%
0.0%
10.0%
20.0%
30.0%
40.0%
-14.9%
Asking EVI Per Mile Y/Y Variance
© Copyright 2024, Sandhills Global, Inc. (“Sandhills”). All rights reserved.
The information in this document is for informational purposes only. It should not be construed or relied upon as business, marketing, financial, investment, legal, regulatory or other advice. This document contains proprietary
information that is the exclusive property of Sandhills. This document and the material contained herein may not be copied, reproduced or distributed without prior written consent of Sandhills.
Class 8: US Used Market
Sandhills Equipment Value Index (EVI) Per Mile Y/Y Variance
2016 2018 2019 2020 2021 2022 2023 2.
February
May
August
November
February
May
August
November
February
May
August
November
February
May
August
November
February
May
August
November
February
May
August
November
February
May
August
November
February
-10.0%
0.0%
10.0%
20.0%
30.0%
40.0%
50.0%
Asking EVI Y/Y Variance
© Copyright 2024, Sandhills Global, Inc. (“Sandhills”). All rights reserved.
The information in this document is for informational purposes only. It should not be construed or relied upon as business, marketing, financial, investment, legal, regulatory or other advice. This document contains proprietary
information that is the exclusive property of Sandhills. This document and the material contained herein may not be copied, reproduced or distributed without prior written consent of Sandhills.
2016 2018 2019 2020 2021 2022 2023 2.
February
May
August
November
February
May
August
November
February
May
August
November
February
May
August
November
February
May
August
November
February
May
August
November
February
May
August
November
February
-60.0%
-40.0%
-20.0%
0.0%
20.0%
40.0%
60.0%
Inventory Y/Y Variance
Class 8: US Used Market
Year over Year Variance
2015 2016 2018 2019 2020 2021 2022 2023 .
May
August
May
August
May
August
February
May
August
November
May
August
May
August
May
August
May
August
February
-4.0%
-2.0%
0.0%
2.0%
4.0%
6.0%
Asking EVI M/M Variance
2015 2016 2018 2019 2020 2021 2022 2023 .
March
July
November
May
August
March
July
November
May
August
March
July
November
March
July
November
May
August
March
July
November
February
-10.0%
0.0%
10.0%
Inventory M/M Variance
© Copyright 2024, Sandhills Global, Inc. (“Sandhills”). All rights reserved.
The information in this document is for informational purposes only. It should not be construed or relied upon as business, marketing, financial, investment, legal, regulatory or other advice. This document contains proprietary
information that is the exclusive property of Sandhills. This document and the material contained herein may not be copied, reproduced or distributed without prior written consent of Sandhills.
Class 8: US Used Market
Month over Month Variance
2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
0K
5K
10K
Avg Inventory By Age
© Copyright 2024, Sandhills Global, Inc. (“Sandhills”). All rights reserved.
The information in this document is for informational purposes only. It should not be construed or relied upon as business, marketing, financial, investment, legal, regulatory or other advice. This document contains proprietary
information that is the exclusive property of Sandhills. This document and the material contained herein may not be copied, reproduced or distributed without prior written consent of Sandhills.
2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
0K
10K
20K
13,561
Inventory
Class 8: US Used Market
Inventory By Age Group
0 to 5 Yrs 5 to 10 Yrs 10 to 25 Yrs 25+
- Y/Y inventory +41.3%
with the 5 to 10 year
age group making up
the largest age group in
terms of volume
© Copyright 2024, Sandhills Global, Inc. (“Sandhills”). All rights reserved.
The information in this document is for informational purposes only. It should not be construed or relied upon as business, marketing, financial, investment, legal, regulatory or other advice. This document contains proprietary
information that is the exclusive property of Sandhills. This document and the material contained herein may not be copied, reproduced or distributed without prior written consent of Sandhills.
2016 2017 2018 2019 2020 2021 2022 2023 2024
-50.0%
0.0%
50.0%
100.0%
65.1%
11.6%
51.1%
-5.0%
Avg Inventory Y/Y Variance, Age Group
Class 8: US Used Market
Inventory By Age Group
0 to 5 Yrs 5 to 10 Yrs 10 to 25 Yrs 25+
© Copyright 2024, Sandhills Global, Inc. (“Sandhills”). All rights reserved.
The information in this document is for informational purposes only. It should not be construed or relied upon as business, marketing, financial, investment, legal, regulatory or other advice. This document contains proprietary
information that is the exclusive property of Sandhills. This document and the material contained herein may not be copied, reproduced or distributed without prior written consent of Sandhills.
2016 2017 2018 2019 2020 2021 2022 2023 2024
-20.0%
0.0%
20.0%
40.0%
60.0%
-12.8%
-21.3%
-10.0%
Asking EVI Y/Y Variance, Age Group
Class 8: US Used Market
Asking EVI By Age Group
0 to 5 Yrs 5 to 10 Yrs 10 to 25 Yrs 25+
© Copyright 2024, Sandhills Global, Inc. (“Sandhills”). All rights reserved.
The information in this document is for informational purposes only. It should not be construed or relied upon as business, marketing, financial, investment, legal, regulatory or other advice. This document contains proprietary
information that is the exclusive property of Sandhills. This document and the material contained herein may not be copied, reproduced or distributed without prior written consent of Sandhills.
2016 2018 2020 2022 2024
-20.0%
0.0%
20.0%
40.0%
60.0%
Asking EVI Y/Y Variance
Class 8: US Used Market - Under 25 Years Old
Asking EVI by Mileage Group
2016 2018 2020 2022 2024
$0K
$10K
$20K
$30K
$40K
$50K
$60K
$70K
$80K
$33K
$47K
$66K
Asking EVI
Under 300K 300K to 450K Over 450K
© Copyright 2024, Sandhills Global, Inc. (“Sandhills”). All rights reserved.
The information in this document is for informational purposes only. It should not be construed or relied upon as business, marketing, financial, investment, legal, regulatory or other advice. This document contains proprietary
information that is the exclusive property of Sandhills. This document and the material contained herein may not be copied, reproduced or distributed without prior written consent of Sandhills.
2016 2018 2020 2022 2024
-0.2
0.0
0.2
0.4
0.6
0.8
Aucon EVI Y/Y Variance
Class 8: US Used Market - Under 25 Years Old
Aucon EVI by Mileage Group
2016 2018 2020 2022 2024
0K
10K
20K
30K
40K
50K
60K
$26K
$18K
$45K
Aucon EVI
Under 300K 300K to 450K Over 450K
© Copyright 2024, Sandhills Global, Inc. (“Sandhills”). All rights reserved.
The information in this document is for informational purposes only. It should not be construed or relied upon as business, marketing, financial, investment, legal, regulatory or other advice. This document contains proprietary
information that is the exclusive property of Sandhills. This document and the material contained herein may not be copied, reproduced or distributed without prior written consent of Sandhills.
2016 2018 2020 2022 2024
-50.0%
0.0%
50.0%
100.0%
150.0%
200.0%
59.4%
13.9%
81.8%
Used Day Cab Inventory Y/Y Variance
Class 8: US Used Market - Under 25 Years Old
Used Day Cab Inventory by Mileage Group
2016 2018 2020 2022 2024
0K
2K
4K
6K
8K
10K
12K
Used Day Cab Inventory
Under 300K 300K to 450K Over 450K
© Copyright 2024, Sandhills Global, Inc. (“Sandhills”). All rights reserved.
The information in this document is for informational purposes only. It should not be construed or relied upon as business, marketing, financial, investment, legal, regulatory or other advice. This document contains proprietary
information that is the exclusive property of Sandhills. This document and the material contained herein may not be copied, reproduced or distributed without prior written consent of Sandhills.
2016 2018 2020 2022 2024
-20.0%
-15.0%
-10.0%
-5.0%
0.0%
5.0%
10.0%
15.0%
0.6%
-6.9%
Average Age Y/Y Variance
Class 8: US Used Market - Under 25 Years Old
Average Age by Mileage Group
2016 2018 2020 2022 2024
0.0
2.0
4.0
6.0
8.0
10.0
12.0
14.0
9.7
14.1
Average Age
Under 300K 300K to 450K Over 450K
2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
-20.0%
0.0%
20.0%
40.0%
60.0%
-14.7%
-19.3%
Asking EVI Per Mile Y/Y Variance
© Copyright 2024, Sandhills Global, Inc. (“Sandhills”). All rights reserved.
The information in this document is for informational purposes only. It should not be construed or relied upon as business, marketing, financial, investment, legal, regulatory or other advice. This document contains proprietary
information that is the exclusive property of Sandhills. This document and the material contained herein may not be copied, reproduced or distributed without prior written consent of Sandhills.
Class 8: US Used Day Cab Truck Market - Under 25 Years Old
Asking EVI Per Mile Y/Y Variance by Mileage Group
Under 300K 300K to 450K Over 450K
2019 2020 2021 2022 2023 2024
($20K)
$0K
$20K
$40K
$60K
-40.0%
-20.0%
0.0%
20.0%
40.0%
60.0%
80.0%
100.0%
-30.8%
$34K
Freightliner Cascadia 125
Asking EVI Asking - % Y/Y Change
2019 2020 2021 2022 2023 2024
($100..
($50K)
$0K
$50K
$100K
-40.0%
-20.0%
0.0%
20.0%
40.0%
-30.1%
$51K
Freightliner Cascadia 126
© Copyright 2024, Sandhills Global, Inc. (“Sandhills”). All rights reserved.
The information in this document is for informational purposes only. It should not be construed or relied upon as business, marketing, financial, investment, legal, regulatory or other advice. This document contains proprietary
information that is the exclusive property of Sandhills. This document and the material contained herein may not be copied, reproduced or distributed without prior written consent of Sandhills.
Class 8: US Used Market
Model Group Comparisons
2016 2018 2020 2022 2024
($20K)
$0K
$20K
$40K
$60K
-10.0%
0.0%
10.0%
20.0%
30.0%
40.0%
$56K
-11.6%
Kenworth W900
Asking EVI Asking - % Y/Y Change
2016 2018 2020 2022 2024
($20K)
$0K
$20K
$40K
$60K
-20.0%
-10.0%
0.0%
10.0%
20.0%
30.0%
40.0%
$55K
-7.6%
Kenworth T800
© Copyright 2024, Sandhills Global, Inc. (“Sandhills”). All rights reserved.
The information in this document is for informational purposes only. It should not be construed or relied upon as business, marketing, financial, investment, legal, regulatory or other advice. This document contains proprietary
information that is the exclusive property of Sandhills. This document and the material contained herein may not be copied, reproduced or distributed without prior written consent of Sandhills.
Class 8: US Used Market
Model Group Comparisons
2016 2018 2020 2022 2024
($40K)
($20K)
$0K
$20K
$40K
$60K
-20.0%
0.0%
20.0%
40.0%
-27.0%
$39K
Peterbilt 386
Asking EVI Asking - % Y/Y Change
2016 2018 2020 2022 2024
($40K)
($20K)
$0K
$20K
$40K
$60K
$80K
$100K
-20.0%
0.0%
20.0%
40.0%
60.0%
80.0%
-28.2%
$54K
Peterbilt 579
© Copyright 2024, Sandhills Global, Inc. (“Sandhills”). All rights reserved.
The information in this document is for informational purposes only. It should not be construed or relied upon as business, marketing, financial, investment, legal, regulatory or other advice. This document contains proprietary
information that is the exclusive property of Sandhills. This document and the material contained herein may not be copied, reproduced or distributed without prior written consent of Sandhills.
Class 8: US Used Market
Model Group Comparisons
2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
($20K)
($10K)
$0K
$10K
$20K
$30K
$40K
$50K
$60K
-20.0%
0.0%
20.0%
40.0%
60.0%
80.0%
-25.5%
$38K
Volvo VNL
Asking EVI Asking - % Y/Y Change
© Copyright 2024, Sandhills Global, Inc. (“Sandhills”). All rights reserved.
The information in this document is for informational purposes only. It should not be construed or relied upon as business, marketing, financial, investment, legal, regulatory or other advice. This document contains proprietary
information that is the exclusive property of Sandhills. This document and the material contained herein may not be copied, reproduced or distributed without prior written consent of Sandhills.
Class 8: US Used Market
Model Group Comparisons
© Copyright 2024, Sandhills Global, Inc. (“Sandhills”). All rights reserved.
The information in this document is for informational purposes only. It should not be construed or relied upon as business, marketing, financial, investment, legal, regulatory or other advice. This document contains proprietary
information that is the exclusive property of Sandhills. This document and the material contained herein may not be copied, reproduced or distributed without prior written consent of Sandhills.
Class 8: US Used Market
Model Group Comparisons
2020 2021 2022 2023 2024
($40K)
($20K)
$0K
$20K
$40K
$60K
-20.0%
-10.0%
0.0%
10.0%
20.0%
30.0%
40.0%
-23.1%
$48K
Mack Pinnacle CHU613
Asking - % Y/Y Change Asking EVI
2020 2021 2022 2023 2024
($100..
($50K)
$0K
$50K
$100K
$150K
-30.0%
-20.0%
-10.0%
0.0%
10.0%
20.0%
30.0%
40.0%
-27.3%
$112K
Mack Pinnacle 64T
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The information in this document is for informational purposes only. It should not be construed or relied upon as business, marketing, financial, investment, legal, regulatory or other advice. This document contains proprietary
information that is the exclusive property of Sandhills. This document and the material contained herein may not be copied, reproduced or distributed without prior written consent of Sandhills.
Class 8: US Used Market
Model Group Comparisons
2020 2021 2022 2023 2024
($100..
($50K)
$0K
$50K
$100K
-30.0%
-20.0%
-10.0%
0.0%
10.0%
20.0%
30.0%
40.0%
-24.1%
$96K
Mack Anthem 64T
Asking - % Y/Y Change Asking EVI
2020 2021 2022 2023 2024
($20K)
$0K
$20K
$40K
$60K
-20.0%
0.0%
20.0%
40.0%
-27.2%
$35K
Mack Pinnacle CXU613
2019 2020 2021 2022 2023 2024
($20K)
$0K
$20K
$40K
-40.0%
-20.0%
0.0%
20.0%
40.0%
60.0%
-31.9%
$29K
Internaonal Prostar
Asking EVI Asking - % Y/Y Change
2019 2020 2021 2022 2023 2024
($50K)
$0K
$50K
$100K
-40.0%
-20.0%
0.0%
20.0%
40.0%
-33.1%
$53K
Internaonal LT
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The information in this document is for informational purposes only. It should not be construed or relied upon as business, marketing, financial, investment, legal, regulatory or other advice. This document contains proprietary
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Class 8: US Used Market
Model Group Comparisons
About This Report:
Sandhills Equipment Value Index
The Sandhills Global Equipment Value Index (EVI) is a metric that accurately tracks the ways in which asset values within the
commercial trucking, construcon equipment, agricultural equipment and RV markets change over me.
Key Aributes
· Broad market perspecve – The EVI provides a robust view of market trends based on mulple sales points—including
aucon, retail, trade-in, cash, and rental values, as well as asking data—rather than a single price point channel. The EVI covers
United States regions and Canada.
· Granular reporng – The EVI is available for specific individual and combined asset segments and aributes, such as
manufacturer, model, model year, range of model years, age, range of ages, horsepower, and operang weight. The EVI also
considers valid model year equipment acvely in use during a given meframe.
· Powered by FleetEvaluator – The EVI leverages data from FleetEvaluator, Sandhills’ proprietary asset valuaon tool. Fleet
Evaluator’s highly accurate valuaons are derived from over $140 billion annually in cleansed retail and aucon data, and take
into account dozens of market health indicators, regional trends, and other factors.
Terminology
· Aucon data – This includes external aucon results recorded by Sandhills’ data entry teams, as well as internal aucon
results from Sandhills websites.
· Asking data – This includes pricing data from all lisngs on Sandhills websites, with each price corresponding to the dollar
amount the dealer was “asking” for the lisng.
Data Highlights
· Inventory – This is calculated as the sum of units on truckpaper.com at the end of each month.
· Percentage of inventory sold – This data reflects the number of units sold divided by the total available inventory on truckpaper.com
· Model years – Data reflects used, 1-40 years.
About Sandhills Global
Founded in 1978, Sandhills Global serves the trucking, agriculture, construcon, heavy machinery,
aviaon, and related industries with a diverse range of products and services from well-established
trade publicaons and websites to hosted technology services customized to meet the evolving
needs of our customers. Headquartered in Lincoln, Nebraska, Sandhills’ facilies include an on-site
prinng press, bindery, and state-of-the-art data center. Sandhills also operates a geographically
disparate redundant data center in Scosdale, Arizona, and supports mulple internaonal
publicaons with offices situated around the world. All Sandhills facilies are backed by decades of
experience and connuous investment in the most cung-edge technologies, making Sandhills a
global leader in the respecve industries it serves.
CONTACT:
Sandhills Global
PO Box 82545
Lincoln, NE 68501-5310
IF YOU WOULD LIKE ANY ADDITIONAL DATA PLEASE
CONTACT:
Mitch Helman
mitch-helman@sandhills.com
Jim Ryan
jim-ryan@sandhills.com
Dump Trucks
Class 7 and 8: US Used Market
February, 2024
Sandhills EVI Restate:
Sandhills Equipment Value Index (EVI) version enhancements and weighng adjustments are introduced
annually effecve with the publicaon of the January EVI. Also effecve with the January 2024 EVI, historical
EVI metrics have been amended and recalculated back to 2005. All calendar year 2024 EVI releases will include
these enhancements.
Used Dump Trucks For Sale:
$215.5M
KENWORTH
MACK
PETERBILT
FREIGHTLINER
INTERNATIONAL
WESTERN STAR
FORD
VOLVO
Grand Total
$208.6M
$4.1M
$5.2M
$10.1M
$16.4M
$25.0M
$38.2M
$41.5M
$68.1M
February
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The information in this document is for informational purposes only. It should not be construed or relied upon as business, marketing, financial, investment, legal, regulatory or other advice. This document contains proprietary
information that is the exclusive property of Sandhills. This document and the material contained herein may not be copied, reproduced or distributed without prior written consent of Sandhills.
Class 7 and 8: US Used Market
Used Market: For Sale Lisngs
KENWORTH
MACK
PETERBILT
FREIGHTLINER
INTERNATIONAL
WESTERN STAR
FORD
VOLVO
Grand Total
$212.2M
$4.1M
$5.4M
$12.6M
$18.2M
$26.5M
$39.1M
$41.0M
$65.4M
January
Top Manufacturers:
© Copyright 2024, Sandhills Global, Inc. (“Sandhills”). All rights reserved.
The information in this document is for informational purposes only. It should not be construed or relied upon as business, marketing, financial, investment, legal, regulatory or other advice. This document contains proprietary
information that is the exclusive property of Sandhills. This document and the material contained herein may not be copied, reproduced or distributed without prior written consent of Sandhills.
Class 7 and 8: US Used Market
Used Market: US Regional Metrics
$24.6M
North Central
$21.1M
South Central
$49.5M
North East
$96.9M
South East
$23.4M
West
© 2024 Mapbox © OpenStreetMap
For Sale by Region
Region
North
CentralNorth East
South
CentralSouth East West
Grand
Total
Asking EVI
Aucon EVI
Inventory on Truckpaper.com
Sold Units
% Inventory sold
25.9%
575
2,223
$38K
$61K
20.2%
50
247
$40K
$64K
25.2%
201
799
$44K
$69K
41.9%
98
234
$33K
$56K
18.6%
118
636
$35K
$58K
35.2%
108
307
$35K
$59K
** West Region also includes Alaska & Hawaii
Asking - % Y/Y Change
Asking - % M/M Change
Aucon - % Y/Y Change
Aucon - % M/M Change
Inventory - % Y/ Y Change
Inventory - % M/M Change
For Sale - % M/M Change
5.0%
-1.6%
-33.0%
-2.3%
-3.3%
-0.6%
1.5%
-3.0%
-0.5%
-13.2%
-1.5%
-4.5%
-0.6%
0.3%
-1.3%
0.0%
-13.7%
-1.0%
-3.3%
0.1%
1.4%
-4.3%
-4.5%
-22.0%
-0.7%
1.9%
0.3%
4.7%
6.2%
5.6%
-25.2%
-0.2%
0.2%
0.0%
3.0%
-1.7%
-1.5%
-21.1%
-1.1%
-1.7%
-0.1%
2.2%
© Copyright 2024, Sandhills Global, Inc. (“Sandhills”). All rights reserved.
The information in this document is for informational purposes only. It should not be construed or relied upon as business, marketing, financial, investment, legal, regulatory or other advice. This document contains proprietary
information that is the exclusive property of Sandhills. This document and the material contained herein may not be copied, reproduced or distributed without prior written consent of Sandhills.
Class 7 and 8: US Used Market
Inventory By State
© 2024 Mapbox © OpenStreetMap
© Copyright 2024, Sandhills Global, Inc. (“Sandhills”). All rights reserved.
The information in this document is for informational purposes only. It should not be construed or relied upon as business, marketing, financial, investment, legal, regulatory or other advice. This document contains proprietary
information that is the exclusive property of Sandhills. This document and the material contained herein may not be copied, reproduced or distributed without prior written consent of Sandhills.
Class 7 and 8: US Used Market
Total Inventory By Region
2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
0
500
1000
1500
799
307
636
234
247
Total Inventory
North Central North East South Central South East West
© Copyright 2024, Sandhills Global, Inc. (“Sandhills”). All rights reserved.
The information in this document is for informational purposes only. It should not be construed or relied upon as business, marketing, financial, investment, legal, regulatory or other advice. This document contains proprietary
information that is the exclusive property of Sandhills. This document and the material contained herein may not be copied, reproduced or distributed without prior written consent of Sandhills.
2016 2018 2020 2022 2024
-5.0%
0.0%
5.0%
10.0%
15.0%
20.0%
2.2%
Asking vs Aucon EVI Y/Y Variance
Class 7 and 8: US Used Market
Sandhills Equipment Value Index (EVI)
2016 2018 2020 2022 2024
$0K
$10K
$20K
$30K
$40K
$50K
$60K
$61K
$38K
Asking vs Aucon EVI
Asking EVI Aucon EVI
2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
$0K
$10K
$20K
$30K
$40K
$50K
$60K
0K
1K
2K
3K
4K
Asking EVI & Inventory Trend
Asking EVI Inventory on Truckpaper.com
- Dump Truck Inventory -1.5% M/M with the
Asking EVI -0.1% M/M.
© Copyright 2024, Sandhills Global, Inc. (“Sandhills”). All rights reserved.
The information in this document is for informational purposes only. It should not be construed or relied upon as business, marketing, financial, investment, legal, regulatory or other advice. This document contains proprietary
information that is the exclusive property of Sandhills. This document and the material contained herein may not be copied, reproduced or distributed without prior written consent of Sandhills.
Class 7 and 8: US Used Market
Sandhills Equipment Value Index (EVI) & Inventory Trend
2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
0.0%
5.0%
10.0%
15.0%
20.0%
25.0%
25.9%
Dump Trucks % of Inventory Sold Last Month
© Copyright 2024, Sandhills Global, Inc. (“Sandhills”). All rights reserved.
The information in this document is for informational purposes only. It should not be construed or relied upon as business, marketing, financial, investment, legal, regulatory or other advice. This document contains proprietary
information that is the exclusive property of Sandhills. This document and the material contained herein may not be copied, reproduced or distributed without prior written consent of Sandhills.
Class 7 and 8: US Used Market
% of Inventory Sold Last Month
2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
-5.0%
0.0%
5.0%
10.0%
15.0%
20.0%
1.9%
Asking EVI Per Mile Y/Y Variance
© Copyright 2024, Sandhills Global, Inc. (“Sandhills”). All rights reserved.
The information in this document is for informational purposes only. It should not be construed or relied upon as business, marketing, financial, investment, legal, regulatory or other advice. This document contains proprietary
information that is the exclusive property of Sandhills. This document and the material contained herein may not be copied, reproduced or distributed without prior written consent of Sandhills.
Class 7 and 8: US Used Market
Sandhills Equipment Value Index (EVI) Per Mile Y/Y Variance
2018 2019 2020 2021 2022 2023 2..
February
April
June
August
October
February
April
June
August
October
February
April
June
August
October
February
April
June
August
October
February
April
June
August
October
February
April
June
August
October
February
-5.0%
0.0%
5.0%
10.0%
15.0%
20.0%
25.0%
2.2%
Asking EVI Y/Y Variance
2018 2019 2020 2021 2022 2023 2..
February
April
June
August
October
February
April
June
August
October
February
April
June
August
October
February
April
June
August
October
February
April
June
August
October
February
April
June
August
October
February
-30.0%
-20.0%
-10.0%
0.0%
10.0%
-21.1%
Inventory Y/Y Variance
© Copyright 2024, Sandhills Global, Inc. (“Sandhills”). All rights reserved.
The information in this document is for informational purposes only. It should not be construed or relied upon as business, marketing, financial, investment, legal, regulatory or other advice. This document contains proprietary
information that is the exclusive property of Sandhills. This document and the material contained herein may not be copied, reproduced or distributed without prior written consent of Sandhills.
Class 7 and 8: US Used Market
Year over Year Variance
2018 2019 2020 2021 2022 2023 2..
February
April
June
August
October
February
April
June
August
October
February
April
June
August
October
February
April
June
August
October
February
April
June
August
October
February
April
June
August
October
February
-6.0%
-4.0%
-2.0%
0.0%
2.0%
4.0%
6.0%
-0.1%
Asking EVI M/M Variance
2018 2019 2020 2021 2022 2023 2..
February
April
June
August
October
February
April
June
August
October
February
April
June
August
October
February
April
June
August
October
February
April
June
August
October
February
April
June
August
October
February
-10.0%
-5.0%
0.0%
5.0%
10.0%
-1.5%
Inventory M/M Variance
© Copyright 2024, Sandhills Global, Inc. (“Sandhills”). All rights reserved.
The information in this document is for informational purposes only. It should not be construed or relied upon as business, marketing, financial, investment, legal, regulatory or other advice. This document contains proprietary
information that is the exclusive property of Sandhills. This document and the material contained herein may not be copied, reproduced or distributed without prior written consent of Sandhills.
Class 7 and 8: US Used Market
Month over Month Variance
2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
0K
1K
2K
Avg Inventory By Age
0 to 5 Yrs 5 to 10 Yrs 10 to 25 Yrs 25+
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The information in this document is for informational purposes only. It should not be construed or relied upon as business, marketing, financial, investment, legal, regulatory or other advice. This document contains proprietary
information that is the exclusive property of Sandhills. This document and the material contained herein may not be copied, reproduced or distributed without prior written consent of Sandhills.
2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
0K
1K
2K
3K
4K
2,223
Inventory
- Y/Y inventory -21.1%
with the 10 to 25 year
age group making up
the largest age group
in terms of volume
Class 7 and 8: US Used Market
Inventory By Age Group
© Copyright 2024, Sandhills Global, Inc. (“Sandhills”). All rights reserved.
The information in this document is for informational purposes only. It should not be construed or relied upon as business, marketing, financial, investment, legal, regulatory or other advice. This document contains proprietary
information that is the exclusive property of Sandhills. This document and the material contained herein may not be copied, reproduced or distributed without prior written consent of Sandhills.
Class 7 and 8: US Used Market
Inventory By Age Group
2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
-50.0%
0.0%
50.0%
100.0%
150.0%
200.0%
2.5%
-33.1%
5.8%
-33.3%
Avg Inventory Y/Y Variance, Age Group
0 to 5 Yrs 5 to 10 Yrs 10 to 25 Yrs 25+
© Copyright 2024, Sandhills Global, Inc. (“Sandhills”). All rights reserved.
The information in this document is for informational purposes only. It should not be construed or relied upon as business, marketing, financial, investment, legal, regulatory or other advice. This document contains proprietary
information that is the exclusive property of Sandhills. This document and the material contained herein may not be copied, reproduced or distributed without prior written consent of Sandhills.
Class 7 and 8: US Used Market
Asking EVI By Age Group
2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
-5.0%
0.0%
5.0%
10.0%
15.0%
20.0%
25.0%
30.0%
2.2%
3.9%
0.0%
Asking EVI Y/Y Variance, Age Group
0 to 5 Yrs 5 to 10 Yrs 10 to 25 Yrs 25+
© Copyright 2024, Sandhills Global, Inc. (“Sandhills”). All rights reserved.
The information in this document is for informational purposes only. It should not be construed or relied upon as business, marketing, financial, investment, legal, regulatory or other advice. This document contains proprietary
information that is the exclusive property of Sandhills. This document and the material contained herein may not be copied, reproduced or distributed without prior written consent of Sandhills.
2016 2018 2020 2022 2024
-5.0%
0.0%
5.0%
10.0%
15.0%
20.0%
25.0%
5.4%
-1.5%
Asking EVI Y/Y Variance
Class 7 and 8: US Used Market - Under 25 Years Old
Asking EVI by Mileage Group
2016 2018 2020 2022 2024
$0K
$20K
$40K
$60K
$80K
$100K
$90K
$62K
Asking EVI
Under 200K 200K - 400K Over 400K
© Copyright 2024, Sandhills Global, Inc. (“Sandhills”). All rights reserved.
The information in this document is for informational purposes only. It should not be construed or relied upon as business, marketing, financial, investment, legal, regulatory or other advice. This document contains proprietary
information that is the exclusive property of Sandhills. This document and the material contained herein may not be copied, reproduced or distributed without prior written consent of Sandhills.
2016 2018 2020 2022 2024
-10.0%
0.0%
10.0%
20.0%
30.0%
-10.9%
2.6%
Aucon EVI Y/Y Variance
Class 7 and 8: US Used Market - Under 25 Years Old
Aucon EVI by Mileage Group
2016 2018 2020 2022 2024
0K
10K
20K
30K
40K
50K
60K
70K
$58K
$33K
Aucon EVI
Under 200K 200K - 400K Over 400K
© Copyright 2024, Sandhills Global, Inc. (“Sandhills”). All rights reserved.
The information in this document is for informational purposes only. It should not be construed or relied upon as business, marketing, financial, investment, legal, regulatory or other advice. This document contains proprietary
information that is the exclusive property of Sandhills. This document and the material contained herein may not be copied, reproduced or distributed without prior written consent of Sandhills.
2016 2018 2020 2022 2024
-40.0%
-20.0%
0.0%
20.0%
40.0%
60.0%
80.0%
-41.7%
-11.5%
-8.7%
Inventory Y/Y Variance
Class 7 and 8: US Used Market - Under 25 Years Old
Inventory by Mileage Group
2016 2018 2020 2022 2024
0
200
400
600
800
1000
1200
1400
Inventory
Under 200K 200K - 400K Over 400K
2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
-10.0%
-5.0%
0.0%
5.0%
10.0%
15.0%
20.0%
25.0%
5.1%
6.8%
-0.8%
Asking EVI Per Mile Y/Y Variance
© Copyright 2024, Sandhills Global, Inc. (“Sandhills”). All rights reserved.
The information in this document is for informational purposes only. It should not be construed or relied upon as business, marketing, financial, investment, legal, regulatory or other advice. This document contains proprietary
information that is the exclusive property of Sandhills. This document and the material contained herein may not be copied, reproduced or distributed without prior written consent of Sandhills.
Class 7 and 8: US Used Market - Under 25 Years Old
Asking EVI Per Mile Y/Y Variance by Mileage Group
Under 200K 200K - 400K Over 400K
Class 7 and 8: US Used Market
Model Group Comparisons
2016 2018 2020 2022 2024
-20K
0K
20K
40K
60K
80K
100K
-5.0%
0.0%
5.0%
10.0%
15.0%
20.0%
25.0%
1.0%
$96K
Kenworth T800
Asking EVI Asking - % Y/Y Change
2016 2018 2020 2022 2024
-50K
0K
50K
100K
150K
-10.0%
0.0%
10.0%
20.0%
30.0%
1.2%
$180K
Kenworth T880
© Copyright 2024, Sandhills Global, Inc. (“Sandhills”). All rights reserved.
The information in this document is for informational purposes only. It should not be construed or relied upon as business, marketing, financial, investment, legal, regulatory or other advice. This document contains proprietary
information that is the exclusive property of Sandhills. This document and the material contained herein may not be copied, reproduced or distributed without prior written consent of Sandhills.
Class 7 and 8: US Used Market
Model Group Comparisons
© Copyright 2024, Sandhills Global, Inc. (“Sandhills”). All rights reserved.
The information in this document is for informational purposes only. It should not be construed or relied upon as business, marketing, financial, investment, legal, regulatory or other advice. This document contains proprietary
information that is the exclusive property of Sandhills. This document and the material contained herein may not be copied, reproduced or distributed without prior written consent of Sandhills.
2016 2018 2020 2022 2024
-50K
0K
50K
100K
150K
-10.0%
0.0%
10.0%
20.0%
4.4%
$153K
Peterbilt 367
Asking EVI Asking - % Y/Y Change
2016 2018 2020 2022 2024
-50K
0K
50K
100K
150K
0.0%
10.0%
20.0%
0.9%
$181K
Peterbilt 567
Class 7 and 8: US Used Market
Model Group Comparisons
© Copyright 2024, Sandhills Global, Inc. (“Sandhills”). All rights reserved.
The information in this document is for informational purposes only. It should not be construed or relied upon as business, marketing, financial, investment, legal, regulatory or other advice. This document contains proprietary
information that is the exclusive property of Sandhills. This document and the material contained herein may not be copied, reproduced or distributed without prior written consent of Sandhills.
2016 2018 2020 2022 2024
-50K
0K
50K
100K
-10.0%
-5.0%
0.0%
5.0%
10.0%
15.0%
20.0%
25.0%
1.5%
$131K
Mack Granite GU713
Asking EVI Asking - % Y/Y Change
2016 2018 2020 2022 2024
-40K
-20K
0K
20K
40K
60K
80K
-5.0%
0.0%
5.0%
10.0%
-5.4%
$63K
Mack Granite CV713
About This Report:
Sandhills Equipment Value Index
The Sandhills Global Equipment Value Index (EVI) is a metric that accurately tracks the ways in which asset values within
the commercial trucking, construcon equipment, agricultural equipment and RV markets change over me.
Key Aributes
· Broad market perspecve – The EVI provides a robust view of market trends based on mulple sales
points—including aucon, retail, trade-in, cash, and rental values, as well as asking data—rather than a single price point
channel. The EVI covers United States regions and Canada.
· Granular reporng – The EVI is available for specific individual and combined asset segments and aributes, such as
manufacturer, model, model year, range of model years, age, range of ages, horsepower, and operang weight. The EVI
also considers valid model year equipment acvely in use during a given meframe.
· Powered by FleetEvaluator – The EVI leverages data from FleetEvaluator, Sandhills’ proprietary asset valuaon tool.
Fleet Evaluator’s highly accurate valuaons are derived from over $140 billion annually in cleansed retail and aucon data,
and take into account dozens of market health indicators, regional trends, and other factors.
Terminology
· Aucon data – This includes external aucon results recorded by Sandhills’ data entry teams, as well as internal
aucon results from Sandhills websites.
· Asking data – This includes pricing data from all lisngs on Sandhills websites, with each price corresponding to the
dollar amount the dealer was “asking” for the lisng.
Data Highlights
· Inventory – This is calculated as the sum of units on truckpaper.com at the end of each month.
· Percentage of inventory sold – This data reflects the number of units sold divided by the total available inventory on truckpaper.com
· Model years – Data reflects used, 1-40 years.
About Sandhills Global
Founded in 1978, Sandhills Global serves the trucking, agriculture, construcon,
heavy machinery, aviaon, and related industries with a diverse range of products
and services from well-established trade publicaons and websites to hosted
technology services customized to meet the evolving needs of our customers.
Headquartered in Lincoln, Nebraska, Sandhills’ facilies include an on-site prinng
press, bindery, and state-of-the-art data center. Sandhills also operates a
geographically disparate redundant data center in Scosdale, Arizona, and supports
mulple internaonal publicaons with offices situated around the world. All
Sandhills facilies are backed by decades of experience and connuous investment in
the most cung-edge technologies, making Sandhills a global leader in the
respecve industries it serves.
CONTACT:
Sandhills Global
PO Box 82545
Lincoln, NE 68501-5310
IF YOU WOULD LIKE ANY ADDITIONAL DATA PLEASE CONTACT:
Mitch Helman
mitch-helman@sandhills.com
Jim Ryan
jim-ryan@sandhills.com
Medium Duty Trucks
US Used Market
February, 2024
Sandhills EVI Restate:
Sandhills Equipment Value Index (EVI) version enhancements and weighng adjustments are introduced
annually effecve with the publicaon of the January EVI. Also effecve with the January 2024 EVI, historical
EVI metrics have been amended and recalculated back to 2005. All calendar year 2024 EVI releases will include
these enhancements.
Medium Trucks For Sale:
$335.7M
FREIGHTLINER
INTERNATIONAL
HINO
ISUZU
FORD
KENWORTH
Grand Total
$325.2M
$8.1M
$19.9M
$33.2M
$52.7M
$99.4M
$111.9M
February
© Copyright 2024, Sandhills Global, Inc. (“Sandhills”). All rights reserved.
The information in this document is for informational purposes only. It should not be construed or relied upon as business, marketing, financial, investment, legal, regulatory or other advice. This document contains proprietary
information that is the exclusive property of Sandhills. This document and the material contained herein may not be copied, reproduced or distributed without prior written consent of Sandhills.
Medium Duty Trucks: US Used Market
Used Market: For Sale Lisngs
Top Manufacturers:
*Medium Duty Truck Reporng Includes: Cab & Chassis, Flatbed, Stake, Dry Cargo Box, Moving Box, and Reefer Box
FREIGHTLINER
INTERNATIONAL
HINO
ISUZU
FORD
KENWORTH
Grand Total
$321.4M
$6.7M
$17.7M
$31.3M
$51.0M
$100.9M
$113.9M
January
$335.7M
© Copyright 2024, Sandhills Global, Inc. (“Sandhills”). All rights reserved.
The information in this document is for informational purposes only. It should not be construed or relied upon as business, marketing, financial, investment, legal, regulatory or other advice. This document contains proprietary
information that is the exclusive property of Sandhills. This document and the material contained herein may not be copied, reproduced or distributed without prior written consent of Sandhills.
Medium Duty Trucks: US Used Market
Used Market: US Regional Metrics
North Central
$59.1M
South Central
$36.8M
North East
$80.2M
South East
$87.0M
West
$72.7M
© 2024 Mapbox © OpenStreetMap
For Sale by Region
Region
North
CentralNorth East
South
CentralSouth East West
Grand
Total
Asking EVI
Aucon EVI
Inventory
Sold Units
% inventory sold
29.1%
2,278
7,840
$14K
$28K
28.9%
452
1,562
$15K
$29K
34.4%
726
2,110
$14K
$28K
28.3%
235
831
$14K
$27K
26.5%
510
1,922
$14K
$28K
25.1%
355
1,415
$14K
$27K
** West Region also includes Alaska & Hawaii
Asking - % Y/Y Change
Asking - % M/M Change
Aucon - % Y/Y Change
Aucon - % M/M Change
Inventory - % Y/Y Change
Inventory - % M/M Change
For Sale - % M/M Change
3.6%
5.7%
11.9%
0.0%
-13.7%
-2.5%
-14.8%
-2.9%
0.3%
9.0%
-1.4%
-15.7%
-2.8%
-16.2%
3.0%
6.0%
40.4%
0.0%
-11.6%
-2.8%
-13.6%
3.6%
6.8%
35.1%
-0.9%
-13.8%
-3.5%
-15.3%
0.4%
4.1%
61.2%
-0.9%
-13.4%
-3.5%
-15.1%
1.2%
4.3%
27.5%
-0.7%
-13.7%
-3.0%
-15.0%
© Copyright 2024, Sandhills Global, Inc. (“Sandhills”). All rights reserved.
The information in this document is for informational purposes only. It should not be construed or relied upon as business, marketing, financial, investment, legal, regulatory or other advice. This document contains proprietary
information that is the exclusive property of Sandhills. This document and the material contained herein may not be copied, reproduced or distributed without prior written consent of Sandhills.
Medium Duty Trucks: US Used Market
Inventory By State
© 2024 Mapbox © OpenStreetMap
2016 2018 2020 2022 2024
$0K
$5K
$10K
$15K
$20K
$25K
$30K
$35K
$28K
$14K
Asking vs Aucon EVI
© Copyright 2024, Sandhills Global, Inc. (“Sandhills”). All rights reserved.
The information in this document is for informational purposes only. It should not be construed or relied upon as business, marketing, financial, investment, legal, regulatory or other advice. This document contains proprietary
information that is the exclusive property of Sandhills. This document and the material contained herein may not be copied, reproduced or distributed without prior written consent of Sandhills.
2016 2017 2018 2019 2020 2021 2022 2023 2024
-10.0%
0.0%
10.0%
20.0%
30.0%
40.0%
-15.0%
-13.7%
Asking vs Aucon EVI Y/Y Variance
Medium Duty Trucks: US Used Market
Sandhills Equipment Value Index (EVI)
Asking EVI Aucon EVI
2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
$0K
$10K
$20K
$30K
0K
2K
4K
6K
8K
10K
12K
$28K
Asking EVI & Inventory Trend
Asking EVI Inventory
© Copyright 2024, Sandhills Global, Inc. (“Sandhills”). All rights reserved.
The information in this document is for informational purposes only. It should not be construed or relied upon as business, marketing, financial, investment, legal, regulatory or other advice. This document contains proprietary
information that is the exclusive property of Sandhills. This document and the material contained herein may not be copied, reproduced or distributed without prior written consent of Sandhills.
Medium Duty Trucks: US Used Market
Sandhills Equipment Value Index (EVI) & Inventory Trend
2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
0.0%
10.0%
20.0%
30.0%
40.0%
28.7%
% of Inventory Sold Last Month
© Copyright 2024, Sandhills Global, Inc. (“Sandhills”). All rights reserved.
The information in this document is for informational purposes only. It should not be construed or relied upon as business, marketing, financial, investment, legal, regulatory or other advice. This document contains proprietary
information that is the exclusive property of Sandhills. This document and the material contained herein may not be copied, reproduced or distributed without prior written consent of Sandhills.
Medium Duty Trucks: US Used Market
% of Inventory Sold Last Month
2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
-20.0%
-10.0%
0.0%
10.0%
20.0%
30.0%
-17.0%
Asking EVI Per Mile Y/Y Variance
© Copyright 2024, Sandhills Global, Inc. (“Sandhills”). All rights reserved.
The information in this document is for informational purposes only. It should not be construed or relied upon as business, marketing, financial, investment, legal, regulatory or other advice. This document contains proprietary
information that is the exclusive property of Sandhills. This document and the material contained herein may not be copied, reproduced or distributed without prior written consent of Sandhills.
Medium Duty Trucks: US Used Market
Sandhills Equipment Value Index (EVI) Per Mile Y/Y Variance
2018 2019 2020 2021 2022 2023 2..
February
April
June
August
October
February
April
June
August
October
February
April
June
August
October
February
April
June
August
October
February
April
June
August
October
February
April
June
August
October
February
-20.0%
0.0%
20.0%
40.0%
-15.0%
Asking EVI Y/Y Variance
2018 2019 2020 2021 2022 2023 2..
February
April
June
August
October
February
April
June
August
October
February
April
June
August
October
February
April
June
August
October
February
April
June
August
October
February
April
June
August
October
February
-100.0..
-50.0%
0.0%
50.0%
100.0%
27.5%
Inventory Y/Y Variance
© Copyright 2024, Sandhills Global, Inc. (“Sandhills”). All rights reserved.
The information in this document is for informational purposes only. It should not be construed or relied upon as business, marketing, financial, investment, legal, regulatory or other advice. This document contains proprietary
information that is the exclusive property of Sandhills. This document and the material contained herein may not be copied, reproduced or distributed without prior written consent of Sandhills.
Medium Duty Trucks: US Used Market
Year over Year Variance
2018 2019 2020 2021 2022 2023 2..
February
April
June
August
October
February
April
June
August
October
February
April
June
August
October
February
April
June
August
October
February
April
June
August
October
February
April
June
August
October
February
-4.0%
-2.0%
0.0%
2.0%
4.0%
6.0%
8.0%
-3.0%
Asking EVI M/M Variance
2018 2019 2020 2021 2022 2023 2..
February
April
June
August
October
February
April
June
August
October
February
April
June
August
October
February
April
June
August
October
February
April
June
August
October
February
April
June
August
October
February
-20.0%
0.0%
20.0%
40.0%
4.3%
Inventory M/M Variance
© Copyright 2024, Sandhills Global, Inc. (“Sandhills”). All rights reserved.
The information in this document is for informational purposes only. It should not be construed or relied upon as business, marketing, financial, investment, legal, regulatory or other advice. This document contains proprietary
information that is the exclusive property of Sandhills. This document and the material contained herein may not be copied, reproduced or distributed without prior written consent of Sandhills.
Medium Duty Trucks: US Used Market
Month over Month Variance
© Copyright 2024, Sandhills Global, Inc. (“Sandhills”). All rights reserved.
The information in this document is for informational purposes only. It should not be construed or relied upon as business, marketing, financial, investment, legal, regulatory or other advice. This document contains proprietary
information that is the exclusive property of Sandhills. This document and the material contained herein may not be copied, reproduced or distributed without prior written consent of Sandhills.
2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
0K
5K
10K
7,840
Inventory
Medium Duty Trucks: US Used Market
Inventory By Age Group
2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
0K
2K
4K
6K
Avg Inventory By Age
0 to 5 Yrs 5 to 10 Yrs 10 to 25 Yrs 25+
© Copyright 2024, Sandhills Global, Inc. (“Sandhills”). All rights reserved.
The information in this document is for informational purposes only. It should not be construed or relied upon as business, marketing, financial, investment, legal, regulatory or other advice. This document contains proprietary
information that is the exclusive property of Sandhills. This document and the material contained herein may not be copied, reproduced or distributed without prior written consent of Sandhills.
Medium Duty Trucks: US Used Market
Inventory By Age Group
2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
-50.0%
0.0%
50.0%
100.0%
150.0%
41.3%
30.6%
3.2%
-1.1%
Avg Inventory Y/Y Variance, Age Group
0 to 5 Yrs 5 to 10 Yrs 10 to 25 Yrs 25+
© Copyright 2024, Sandhills Global, Inc. (“Sandhills”). All rights reserved.
The information in this document is for informational purposes only. It should not be construed or relied upon as business, marketing, financial, investment, legal, regulatory or other advice. This document contains proprietary
information that is the exclusive property of Sandhills. This document and the material contained herein may not be copied, reproduced or distributed without prior written consent of Sandhills.
Medium Duty Trucks: US Used Market
Asking EVI By Age Group
2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
-20.0%
-10.0%
0.0%
10.0%
20.0%
30.0%
40.0%
50.0%
60.0%
-16.5%
-10.9%
Asking EVI Y/Y Variance, Age Group
0 to 5 Yrs 5 to 10 Yrs 10 to 25 Yrs 25+
About This Report:
Sandhills Equipment Value Index
The Sandhills Global Equipment Value Index (EVI) is a metric that accurately tracks the ways in which asset values within
the commercial trucking, construcon equipment, agricultural equipment and RV markets change over me.
Key Aributes
· Broad market perspecve – The EVI provides a robust view of market trends based on mulple sales
points—including aucon, retail, trade-in, cash, and rental values, as well as asking data—rather than a single price point
channel. The EVI covers United States regions and Canada.
· Granular reporng – The EVI is available for specific individual and combined asset segments and aributes, such as
manufacturer, model, model year, range of model years, age, range of ages, horsepower, and operang weight. The EVI
also considers valid model year equipment acvely in use during a given meframe.
· Powered by FleetEvaluator – The EVI leverages data from FleetEvaluator, Sandhills’ proprietary asset valuaon tool.
Fleet Evaluator’s highly accurate valuaons are derived from over $140 billion annually in cleansed retail and aucon data,
and take into account dozens of market health indicators, regional trends, and other factors.
Terminology
· Aucon data – This includes external aucon results recorded by Sandhills’ data entry teams, as well as internal
aucon results from Sandhills websites.
· Asking data – This includes pricing data from all lisngs on Sandhills websites, with each price corresponding to the
dollar amount the dealer was “asking” for the lisng.
Data Highlights
· Inventory – This is calculated as the sum of units on truckpaper.com at the end of each month.
· Percentage of inventory sold – This data reflects the number of units sold divided by the total available inventory on truckpaper.com
· Model years – Data reflects used, 1-40 years.
About Sandhills Global
Founded in 1978, Sandhills Global serves the trucking, agriculture, construcon,
heavy machinery, aviaon, and related industries with a diverse range of products
and services from well-established trade publicaons and websites to hosted
technology services customized to meet the evolving needs of our customers.
Headquartered in Lincoln, Nebraska, Sandhills’ facilies include an on-site prinng
press, bindery, and state-of-the-art data center. Sandhills also operates a
geographically disparate redundant data center in Scosdale, Arizona, and supports
mulple internaonal publicaons with offices situated around the world. All
Sandhills facilies are backed by decades of experience and connuous investment in
the most cung-edge technologies, making Sandhills a global leader in the
respecve industries it serves.
CONTACT:
Sandhills Global
PO Box 82545
Lincoln, NE 68501-5310
IF YOU WOULD LIKE ANY ADDITIONAL DATA PLEASE CONTACT:
Mitch Helman
mitch-helman@sandhills.com
Jim Ryan
jim-ryan@sandhills.com
Sleeper Trucks
Class 8: US Used Market
February, 2024
Sandhills EVI Restate:
Sandhills Equipment Value Index (EVI) version enhancements and weighng adjustments are introduced
annually effecve with the publicaon of the January EVI. Also effecve with the January 2024 EVI, historical
EVI metrics have been amended and recalculated back to 2005. All calendar year 2024 EVI releases will include
these enhancements.
Used Sleeper Trucks For Sale:
$1,101.9M
FREIGHTLINER
PETERBILT
KENWORTH
INTERNATIONAL
VOLVO
MACK
Grand Total
$1,088.2M
$20.2M
$113.3M
$136.2M
$216.4M
$226.3M
$375.9M
February
© Copyright 2024, Sandhills Global, Inc. (“Sandhills”). All rights reserved.
The information in this document is for informational purposes only. It should not be construed or relied upon as business, marketing, financial, investment, legal, regulatory or other advice. This document contains proprietary
information that is the exclusive property of Sandhills. This document and the material contained herein may not be copied, reproduced or distributed without prior written consent of Sandhills.
Class 8: US Used Market
Used Market: For Sale Lisngs
FREIGHTLINER
KENWORTH
PETERBILT
INTERNATIONAL
VOLVO
MACK
Grand Total
$1,127.4M
$21.0M
$115.7M
$139.4M
$219.2M
$232.2M
$399.9M
January
Top Manufacturers:
© Copyright 2024, Sandhills Global, Inc. (“Sandhills”). All rights reserved.
The information in this document is for informational purposes only. It should not be construed or relied upon as business, marketing, financial, investment, legal, regulatory or other advice. This document contains proprietary
information that is the exclusive property of Sandhills. This document and the material contained herein may not be copied, reproduced or distributed without prior written consent of Sandhills.
Class 8: US Used Market
Used Market: US Regional Metrics
$295.3M
North Central
$194.5M
South Central
$167.9M
North East
$229.1M
South East
$215.3M
West
© 2024 Mapbox © OpenStreetMap
For Sale by Region
Region
North
CentralNorth East
South
CentralSouth East West
Grand
Total
Asking EVI
Aucon EVI
Sleepers on Truckpaper.com
Sold Units
% Inventory sold
30.4%
5,998
19,738
$31K
$49K
25.3%
875
3,458
$33K
$52K
27.9%
1,303
4,672
$29K
$47K
32.3%
1,113
3,449
$30K
$49K
27.4%
857
3,132
$30K
$48K
36.8%
1,850
5,027
$32K
$50K
** West Region also includes Alaska & Hawaii
Asking - % Y/Y Change
Asking - % M/M Change
Aucon - % Y/Y Change
Aucon - % M/M Change
Inventory - % Y/ Y Change
Inventory - % M/M Change
For Sale - % M/M Change
0.3%
1.6%
-6.0%
-5.5%
-25.9%
-1.9%
-22.5%
-10.5%
-8.2%
-2.5%
-2.0%
-22.4%
1.0%
-19.9%
-2.6%
-1.0%
-2.1%
-2.9%
-24.2%
0.5%
-20.8%
-4.5%
-0.9%
-1.5%
-3.5%
-26.1%
-0.5%
-23.0%
-2.0%
-0.5%
6.0%
-5.0%
-23.4%
-1.6%
-20.5%
-3.4%
-1.5%
-1.7%
-4.0%
-24.6%
-0.6%
-21.5%
© Copyright 2024, Sandhills Global, Inc. (“Sandhills”). All rights reserved.
The information in this document is for informational purposes only. It should not be construed or relied upon as business, marketing, financial, investment, legal, regulatory or other advice. This document contains proprietary
information that is the exclusive property of Sandhills. This document and the material contained herein may not be copied, reproduced or distributed without prior written consent of Sandhills.
Class 8: US Used Market
Inventory By State
© 2024 Mapbox © OpenStreetMap
© Copyright 2024, Sandhills Global, Inc. (“Sandhills”). All rights reserved.
The information in this document is for informational purposes only. It should not be construed or relied upon as business, marketing, financial, investment, legal, regulatory or other advice. This document contains proprietary
information that is the exclusive property of Sandhills. This document and the material contained herein may not be copied, reproduced or distributed without prior written consent of Sandhills.
2016 2018 2020 2022 2024
-20.0%
0.0%
20.0%
40.0%
60.0%
80.0%
-21.5%
-24.6%
Asking vs Aucon EVI Y/Y Variance
Class 8: US Used Market
Sandhills Equipment Value Index (EVI)
2016 2018 2020 2022 2024
$0K
$10K
$20K
$30K
$40K
$50K
$60K
$70K
$80K
$49K
$31K
Asking vs Aucon EVI
Asking EVI Aucon EVI
2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
$0K
$20K
$40K
$60K
$80K
0K
10K
20K
30K
Q2, 2020 supply peaked. The
market has rapidly decreased
supply
Price is showing signs
of strength. Price
typically follows supply
declines with similiar
steepness
Q2, 2022 Price Peaked
Asking EVI & Inventory Trend
Asking EVI Sleepers on Truckpaper.com
- Sleeper Truck Inventory -1.5% M/M with
the Asking EVI -0.6% M/M.
© Copyright 2024, Sandhills Global, Inc. (“Sandhills”). All rights reserved.
The information in this document is for informational purposes only. It should not be construed or relied upon as business, marketing, financial, investment, legal, regulatory or other advice. This document contains proprietary
information that is the exclusive property of Sandhills. This document and the material contained herein may not be copied, reproduced or distributed without prior written consent of Sandhills.
Class 8: US Used Market
Sandhills Equipment Value Index (EVI) & Inventory Trend
2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
0.0%
10.0%
20.0%
30.0%
40.0%
30.4%
This is a direct relaonship to
diminishing supply in the market,
which also relates to value
Peaked in Q2, 2018. Similiar
Market today showing vercal
trend with decreasing inventory
levels
At the start of 2020 the turnover
boomed out at 15%
Very similiar vercal inventory
turnover: Q1/Q2 of 2018 vs
Q1/Q2 of 2020
Sleeper Truck % of Inventory Sold Last Month
© Copyright 2024, Sandhills Global, Inc. (“Sandhills”). All rights reserved.
The information in this document is for informational purposes only. It should not be construed or relied upon as business, marketing, financial, investment, legal, regulatory or other advice. This document contains proprietary
information that is the exclusive property of Sandhills. This document and the material contained herein may not be copied, reproduced or distributed without prior written consent of Sandhills.
Class 8: US Used Market
% of Inventory Sold Last Month
2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
-20.0%
0.0%
20.0%
40.0%
60.0%
-20.5%
Asking EVI Per Mile Y/Y Variance
© Copyright 2024, Sandhills Global, Inc. (“Sandhills”). All rights reserved.
The information in this document is for informational purposes only. It should not be construed or relied upon as business, marketing, financial, investment, legal, regulatory or other advice. This document contains proprietary
information that is the exclusive property of Sandhills. This document and the material contained herein may not be copied, reproduced or distributed without prior written consent of Sandhills.
Class 8: US Used Market
Sandhills Equipment Value Index (EVI) Per Mile Y/Y Variance
2018 2019 2020 2021 2022 2023 2..
February
April
June
August
October
February
April
June
August
October
February
April
June
August
October
February
April
June
August
October
February
April
June
August
October
February
April
June
August
October
February
-40.0%
-20.0%
0.0%
20.0%
40.0%
60.0%
80.0%
-21.5%
Asking EVI Y/Y Variance
2018 2019 2020 2021 2022 2023 2..
February
April
June
August
October
February
April
June
August
October
February
April
June
August
October
February
April
June
August
October
February
April
June
August
October
February
April
June
August
October
February
-50.0%
0.0%
50.0%
-1.7%
Inventory Y/Y Variance
© Copyright 2024, Sandhills Global, Inc. (“Sandhills”). All rights reserved.
The information in this document is for informational purposes only. It should not be construed or relied upon as business, marketing, financial, investment, legal, regulatory or other advice. This document contains proprietary
information that is the exclusive property of Sandhills. This document and the material contained herein may not be copied, reproduced or distributed without prior written consent of Sandhills.
Class 8: US Used Market
Year over Year Variance
2018 2019 2020 2021 2022 2023 2..
February
April
June
August
October
February
April
June
August
October
February
April
June
August
October
February
April
June
August
October
February
April
June
August
October
February
April
June
August
October
February
-5.0%
0.0%
5.0%
-0.6%
Asking EVI M/M Variance
2018 2019 2020 2021 2022 2023 2..
February
April
June
August
October
February
April
June
August
October
February
April
June
August
October
February
April
June
August
October
February
April
June
August
October
February
April
June
August
October
February
-15.0%
-10.0%
-5.0%
0.0%
5.0%
10.0%
15.0%
-1.5%
Inventory M/M Variance
© Copyright 2024, Sandhills Global, Inc. (“Sandhills”). All rights reserved.
The information in this document is for informational purposes only. It should not be construed or relied upon as business, marketing, financial, investment, legal, regulatory or other advice. This document contains proprietary
information that is the exclusive property of Sandhills. This document and the material contained herein may not be copied, reproduced or distributed without prior written consent of Sandhills.
Class 8: US Used Market
Month over Month Variance
2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
0K
5K
10K
15K
Avg Inventory By Age
0 to 5 Yrs 5 to 10 Yrs 10 to 25 Yrs 25+
© Copyright 2024, Sandhills Global, Inc. (“Sandhills”). All rights reserved.
The information in this document is for informational purposes only. It should not be construed or relied upon as business, marketing, financial, investment, legal, regulatory or other advice. This document contains proprietary
information that is the exclusive property of Sandhills. This document and the material contained herein may not be copied, reproduced or distributed without prior written consent of Sandhills.
2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
0K
10K
20K
30K
19,738
Inventory
- Y/Y inventory -1.7%
with the 5 to 10 year
age group making up
the largest age group
in terms of volume
Class 8: US Used Market
Inventory By Age Group
© Copyright 2024, Sandhills Global, Inc. (“Sandhills”). All rights reserved.
The information in this document is for informational purposes only. It should not be construed or relied upon as business, marketing, financial, investment, legal, regulatory or other advice. This document contains proprietary
information that is the exclusive property of Sandhills. This document and the material contained herein may not be copied, reproduced or distributed without prior written consent of Sandhills.
Class 8: US Used Market
Inventory By Age Group
2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
-50.0%
0.0%
50.0%
100.0%
4.3%
-5.1%
-15.4%
Avg Inventory Y/Y Variance, Age Group
0 to 5 Yrs 5 to 10 Yrs 10 to 25 Yrs 25+
© Copyright 2024, Sandhills Global, Inc. (“Sandhills”). All rights reserved.
The information in this document is for informational purposes only. It should not be construed or relied upon as business, marketing, financial, investment, legal, regulatory or other advice. This document contains proprietary
information that is the exclusive property of Sandhills. This document and the material contained herein may not be copied, reproduced or distributed without prior written consent of Sandhills.
Class 8: US Used Market
Asking EVI By Age Group
2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
-40.0%
-20.0%
0.0%
20.0%
40.0%
60.0%
80.0%
-19.8%
-16.2%
-25.2%
Asking EVI Y/Y Variance, Age Group
0 to 5 Yrs 5 to 10 Yrs 10 to 25 Yrs 25+
© Copyright 2024, Sandhills Global, Inc. (“Sandhills”). All rights reserved.
The information in this document is for informational purposes only. It should not be construed or relied upon as business, marketing, financial, investment, legal, regulatory or other advice. This document contains proprietary
information that is the exclusive property of Sandhills. This document and the material contained herein may not be copied, reproduced or distributed without prior written consent of Sandhills.
2016 2018 2020 2022 2024
-40.0%
-20.0%
0.0%
20.0%
40.0%
60.0%
80.0%
100.0%
-28.9%
Asking EVI Y/Y Variance
Class 8: US Used Market - Under 25 Years Old
Asking EVI by Mileage Group
2016 2018 2020 2022 2024
$0K
$20K
$40K
$60K
$80K
$100K
$120K
$140K
$160K
$31K
$45K
$60K
$121K
Asking EVI
Under 350K 350K to 500K 500K to 650K Over 650K
© Copyright 2024, Sandhills Global, Inc. (“Sandhills”). All rights reserved.
The information in this document is for informational purposes only. It should not be construed or relied upon as business, marketing, financial, investment, legal, regulatory or other advice. This document contains proprietary
information that is the exclusive property of Sandhills. This document and the material contained herein may not be copied, reproduced or distributed without prior written consent of Sandhills.
2016 2018 2020 2022 2024
-40.0%
-20.0%
0.0%
20.0%
40.0%
60.0%
80.0%
100.0%
-35.5%
Aucon EVI Y/Y Variance
Class 8: US Used Market - Under 25 Years Old
Aucon EVI by Mileage Group
2016 2018 2020 2022 2024
0K
20K
40K
60K
80K
100K
120K
$38K
$28K
$93K
$16K
Aucon EVI
Under 350K 350K to 500K 500K to 650K Over 650K
© Copyright 2024, Sandhills Global, Inc. (“Sandhills”). All rights reserved.
The information in this document is for informational purposes only. It should not be construed or relied upon as business, marketing, financial, investment, legal, regulatory or other advice. This document contains proprietary
information that is the exclusive property of Sandhills. This document and the material contained herein may not be copied, reproduced or distributed without prior written consent of Sandhills.
2016 2018 2020 2022 2024
-50.0%
0.0%
50.0%
100.0%
150.0%
39.9%
-1.0%
2.7%
Inventory Y/Y Variance
Class 8: US Used Market - Under 25 Years Old
Inventory by Mileage Group
2016 2018 2020 2022 2024
0K
2K
4K
6K
8K
10K
12K
14K
16K
Inventory
Under 350K 350K to 500K 500K to 650K Over 650K
© Copyright 2024, Sandhills Global, Inc. (“Sandhills”). All rights reserved.
The information in this document is for informational purposes only. It should not be construed or relied upon as business, marketing, financial, investment, legal, regulatory or other advice. This document contains proprietary
information that is the exclusive property of Sandhills. This document and the material contained herein may not be copied, reproduced or distributed without prior written consent of Sandhills.
2016 2017 2018 2019 2020 2021 2022 2023 2024
-15.0%
-10.0%
-5.0%
0.0%
5.0%
10.0%
15.0%
-14.8%
4.1%
Average Age Y/Y Variance
Class 8: US Used Market - Under 25 Years Old
Average Age by Mileage Group
2016 2018 2020 2022 2024
0.0
2.0
4.0
6.0
8.0
10.0
12.0
14.0
16.0
4.0
7.3
15.6
5.6
Average Age
Under 350K 350K to 500K 500K to 650K Over 650K
2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
-40.0%
-20.0%
0.0%
20.0%
40.0%
60.0%
80.0%
100.0%
-4.9%
-24.7%
-22.4%
-27.7%
Asking EVI Per Mile Y/Y Variance
© Copyright 2024, Sandhills Global, Inc. (“Sandhills”). All rights reserved.
The information in this document is for informational purposes only. It should not be construed or relied upon as business, marketing, financial, investment, legal, regulatory or other advice. This document contains proprietary
information that is the exclusive property of Sandhills. This document and the material contained herein may not be copied, reproduced or distributed without prior written consent of Sandhills.
Class 8: US Used Market - Under 25 Years Old
Asking EVI Per Mile Y/Y Variance by Mileage Group
Under 350K 350K to 500K 500K to 650K Over 650K
2018 2019 2020 2021 2022 2023 2024
($40K)
($20K)
$0K
$20K
$40K
$60K
$80K
-40.0%
-20.0%
0.0%
20.0%
40.0%
60.0%
80.0%
-36.5%
$34K
Freightliner Cascadia 125
Asking EVI Asking - % Y/Y Change
© Copyright 2024, Sandhills Global, Inc. (“Sandhills”). All rights reserved.
The information in this document is for informational purposes only. It should not be construed or relied upon as business, marketing, financial, investment, legal, regulatory or other advice. This document contains proprietary
information that is the exclusive property of Sandhills. This document and the material contained herein may not be copied, reproduced or distributed without prior written consent of Sandhills.
Class 8: US Used Market
Model Group Comparisons
2018 2019 2020 2021 2022 2023 2024
($100..
($50K)
$0K
$50K
$100K
$150K
-40.0%
-20.0%
0.0%
20.0%
40.0%
60.0%
-33.0%
$60K
Freightliner Cascadia 126
2016 2018 2020 2022 2024
($40K)
($20K)
$0K
$20K
$40K
$60K
-40.00%
-20.00%
0.00%
20.00%
40.00%
60.00%
-30.46%
$32K
Kenworth T660
Asking EVI Asking - % Y/Y Change
2016 2018 2020 2022 2024
($50K)
$0K
$50K
$100K
-40.0%
-20.0%
0.0%
20.0%
40.0%
60.0%
80.0%
100.0%
-27.1%
$58K
Kenworth T680
© Copyright 2024, Sandhills Global, Inc. (“Sandhills”). All rights reserved.
The information in this document is for informational purposes only. It should not be construed or relied upon as business, marketing, financial, investment, legal, regulatory or other advice. This document contains proprietary
information that is the exclusive property of Sandhills. This document and the material contained herein may not be copied, reproduced or distributed without prior written consent of Sandhills.
Class 8: US Used Market
Model Group Comparisons
2016 2018 2020 2022 2024
($20K)
$0K
$20K
$40K
$60K
-40.0%
-20.0%
0.0%
20.0%
40.0%
60.0%
80.0%
-27.0%
$31K
Peterbilt 386
Asking EVI Asking - % Y/Y Change
2016 2018 2020 2022 2024
($50K)
$0K
$50K
$100K
-40.0%
-20.0%
0.0%
20.0%
40.0%
60.0%
80.0%
-25.5%
$58K
Peterbilt 579
© Copyright 2024, Sandhills Global, Inc. (“Sandhills”). All rights reserved.
The information in this document is for informational purposes only. It should not be construed or relied upon as business, marketing, financial, investment, legal, regulatory or other advice. This document contains proprietary
information that is the exclusive property of Sandhills. This document and the material contained herein may not be copied, reproduced or distributed without prior written consent of Sandhills.
Class 8: US Used Market
Model Group Comparisons
© Copyright 2024, Sandhills Global, Inc. (“Sandhills”). All rights reserved.
The information in this document is for informational purposes only. It should not be construed or relied upon as business, marketing, financial, investment, legal, regulatory or other advice. This document contains proprietary
information that is the exclusive property of Sandhills. This document and the material contained herein may not be copied, reproduced or distributed without prior written consent of Sandhills.
Class 8: US Used Market
Model Group Comparisons
2019 2020 2021 2022 2023 2024
($20K)
$0K
$20K
$40K
-40.0%
-20.0%
0.0%
20.0%
40.0%
60.0%
80.0%
-34.9%
$20K
Volvo VNL 670/780
Asking EVI Asking - % Y/Y Change
2019 2020 2021 2022 2023 2024
($100..
($50K)
$0K
$50K
$100K
$150K
-40.0%
-20.0%
0.0%
20.0%
40.0%
60.0%
-29.9%
$72K
Volvo VNL 760/860
© Copyright 2024, Sandhills Global, Inc. (“Sandhills”). All rights reserved.
The information in this document is for informational purposes only. It should not be construed or relied upon as business, marketing, financial, investment, legal, regulatory or other advice. This document contains proprietary
information that is the exclusive property of Sandhills. This document and the material contained herein may not be copied, reproduced or distributed without prior written consent of Sandhills.
Class 8: US Used Market
Model Group Comparisons
2019 2020 2021 2022 2023 2024
($40K)
($20K)
$0K
$20K
$40K
$60K
-40.0%
-20.0%
0.0%
20.0%
40.0%
60.0%
-37.4%
$27K
Mack Pinnacle CXU613
Asking EVI Asking - % Y/Y Change
2019 2020 2021 2022 2023 2024
($100..
($50K)
$0K
$50K
$100K
$150K
-40.0%
-20.0%
0.0%
20.0%
40.0%
-27.7%
$81K
Mack Anthem 64T
© Copyright 2024, Sandhills Global, Inc. (“Sandhills”). All rights reserved.
The information in this document is for informational purposes only. It should not be construed or relied upon as business, marketing, financial, investment, legal, regulatory or other advice. This document contains proprietary
information that is the exclusive property of Sandhills. This document and the material contained herein may not be copied, reproduced or distributed without prior written consent of Sandhills.
Class 8: US Used Market
Model Group Comparisons
2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
($40K)
($20K)
$0K
$20K
$40K
$60K
$80K
-20.0%
-10.0%
0.0%
10.0%
20.0%
30.0%
40.0%
50.0%
-19.5%
$56K
Western Star 4900
Asking EVI Asking - % Y/Y Change
2019 2020 2021 2022 2023 2024
($50K)
$0K
$50K
$100K
-40.0%
-20.0%
0.0%
20.0%
40.0%
60.0%
-33.6%
$49K
Internaonal LT
Asking EVI Asking - % Y/Y Change
2019 2020 2021 2022 2023 2024
($40K)
($20K)
$0K
$20K
$40K
$60K
-40.0%
-20.0%
0.0%
20.0%
40.0%
60.0%
80.0%
-40.8%
$24K
Internaonal Prostar
© Copyright 2024, Sandhills Global, Inc. (“Sandhills”). All rights reserved.
The information in this document is for informational purposes only. It should not be construed or relied upon as business, marketing, financial, investment, legal, regulatory or other advice. This document contains proprietary
information that is the exclusive property of Sandhills. This document and the material contained herein may not be copied, reproduced or distributed without prior written consent of Sandhills.
Class 8: US Used Market
Model Group Comparisons
About This Report:
Sandhills Equipment Value Index
The Sandhills Global Equipment Value Index (EVI) is a metric that accurately tracks the ways in which asset values within
the commercial trucking, construcon equipment, agricultural equipment and RV markets change over me.
Key Aributes
· Broad market perspecve – The EVI provides a robust view of market trends based on mulple sales
points—including aucon, retail, trade-in, cash, and rental values, as well as asking data—rather than a single price point
channel. The EVI covers United States regions and Canada.
· Granular reporng – The EVI is available for specific individual and combined asset segments and aributes, such as
manufacturer, model, model year, range of model years, age, range of ages, horsepower, and operang weight. The EVI
also considers valid model year equipment acvely in use during a given meframe.
· Powered by FleetEvaluator – The EVI leverages data from FleetEvaluator, Sandhills’ proprietary asset valuaon tool.
Fleet Evaluator’s highly accurate valuaons are derived from over $140 billion annually in cleansed retail and aucon data,
and take into account dozens of market health indicators, regional trends, and other factors.
Terminology
· Aucon data – This includes external aucon results recorded by Sandhills’ data entry teams, as well as internal
aucon results from Sandhills websites.
· Asking data – This includes pricing data from all lisngs on Sandhills websites, with each price corresponding to the
dollar amount the dealer was “asking” for the lisng.
Data Highlights
· Inventory – This is calculated as the sum of units on truckpaper.com at the end of each month.
· Percentage of inventory sold – This data reflects the number of units sold divided by the total available inventory on truckpaper.com
· Model years – Data reflects used, 1-40 years.
About Sandhills Global
Founded in 1978, Sandhills Global serves the trucking, agriculture, construcon,
heavy machinery, aviaon, and related industries with a diverse range of products
and services from well-established trade publicaons and websites to hosted
technology services customized to meet the evolving needs of our customers.
Headquartered in Lincoln, Nebraska, Sandhills’ facilies include an on-site prinng
press, bindery, and state-of-the-art data center. Sandhills also operates a
geographically disparate redundant data center in Scosdale, Arizona, and supports
mulple internaonal publicaons with offices situated around the world. All
Sandhills facilies are backed by decades of experience and connuous investment in
the most cung-edge technologies, making Sandhills a global leader in the
respecve industries it serves.
CONTACT:
Sandhills Global
PO Box 82545
Lincoln, NE 68501-5310
IF YOU WOULD LIKE ANY ADDITIONAL DATA PLEASE CONTACT:
Mitch Helman
mitch-helman@sandhills.com
Jim Ryan
jim-ryan@sandhills.com
Drop Deck Trailers
Class 8: US Used Market
February, 2024
Sandhills EVI Restate:
Sandhills Equipment Value Index (EVI) version enhancements and weighng adjustments are introduced
annually effecve with the publicaon of the January EVI. Also effecve with the January 2024 EVI, historical
EVI metrics have been amended and recalculated back to 2005. All calendar year 2024 EVI releases will include
these enhancements.
Drop Deck Trailers For Sale:
$21.9M
FONTAINE
TRANSCRAFT
REITNOUER
TRAIL KING
MANAC
DOONAN
Grand Total
$14.1M
$0.9M
$1.2M
$1.9M
$3.3M
$3.3M
$3.5M
February
© Copyright 2024, Sandhills Global, Inc. (“Sandhills”). All rights reserved.
The information in this document is for informational purposes only. It should not be construed or relied upon as business, marketing, financial, investment, legal, regulatory or other advice. This document contains proprietary
information that is the exclusive property of Sandhills. This document and the material contained herein may not be copied, reproduced or distributed without prior written consent of Sandhills.
Drop Deck Trailers
Used Market: For Sale Lisngs
FONTAINE
REITNOUER
TRANSCRAFT
TRAIL KING
MANAC
DOONAN
Grand Total
$15.0M
$0.9M
$1.2M
$1.9M
$3.3M
$3.8M
$3.8M
January
Top Manufacturers:
$21.9M
© Copyright 2024, Sandhills Global, Inc. (“Sandhills”). All rights reserved.
The information in this document is for informational purposes only. It should not be construed or relied upon as business, marketing, financial, investment, legal, regulatory or other advice. This document contains proprietary
information that is the exclusive property of Sandhills. This document and the material contained herein may not be copied, reproduced or distributed without prior written consent of Sandhills.
Drop Deck Trailers
Used Market: US Regional Metrics
North Central
$6.7M
South Central
$5.0M
North East
$5.1M
South East
$3.1M
West
$2.0M
© 2024 Mapbox © OpenStreetMap
For Sale by Region
Region
North
CentralNorth East
South
CentralSouth East West
Grand
Total
Asking EVI
Aucon EVI
Inventory
Sold Units
% inventory sold
20.1%
120
596
$20K
$31K
25.0%
13
52
$21K
$33K
22.6%
19
84
$20K
$30K
11.2%
15
134
$20K
$31K
11.0%
15
136
$18K
$29K
30.5%
58
190
$20K
$30K
** West Region also includes Alaska & Hawaii
Asking - % Y/Y Change
Asking - % M/M Change
Aucon - % Y/Y Change
Aucon - % M/M Change
Inventory - % Y/Y Change
Inventory - % M/M Change
For Sale - % M/M Change
-19.5%
-18.8%
-10.4%
-1.5%
-11.3%
-0.4%
-6.3%
7.2%
7.1%
36.0%
1.3%
-7.9%
0.0%
-4.4%
-4.8%
-4.3%
-27.2%
2.7%
-8.7%
0.1%
-5.5%
-0.5%
-1.2%
-28.8%
0.7%
-9.9%
-0.8%
-5.8%
-22.3%
-23.5%
0.0%
0.7%
-9.4%
0.2%
-4.8%
-8.9%
-8.9%
-10.5%
0.7%
-9.5%
-0.2%
-5.4%
2017 2019 2021 2023
-10.0%
0.0%
10.0%
20.0%
30.0%
-5.4%
-9.5%
Asking vs Aucon EVI Y/Y Variance
© Copyright 2024, Sandhills Global, Inc. (“Sandhills”). All rights reserved.
The information in this document is for informational purposes only. It should not be construed or relied upon as business, marketing, financial, investment, legal, regulatory or other advice. This document contains proprietary
information that is the exclusive property of Sandhills. This document and the material contained herein may not be copied, reproduced or distributed without prior written consent of Sandhills.
2016 2018 2020 2022 2024
$0K
$5K
$10K
$15K
$20K
$25K
$30K
$35K
$31K
$20K
Asking vs Aucon EVI
Drop Deck Trailers
Sandhills Equipment Value Index (EVI)
Asking EVI Aucon EVI
2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
$0K
$5K
$10K
$15K
$20K
$25K
$30K
$35K
0
200
400
600
800
1000
$31K
Asking EVI & Inventory Trend
Asking EVI Inventory
© Copyright 2024, Sandhills Global, Inc. (“Sandhills”). All rights reserved.
The information in this document is for informational purposes only. It should not be construed or relied upon as business, marketing, financial, investment, legal, regulatory or other advice. This document contains proprietary
information that is the exclusive property of Sandhills. This document and the material contained herein may not be copied, reproduced or distributed without prior written consent of Sandhills.
Drop Deck Trailers
Sandhills Equipment Value Index (EVI) & Inventory Trend
2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
0.0%
5.0%
10.0%
15.0%
20.0%
25.0%
20.1%
Drop Deck Trailers % of Inventory Sold Last Month
© Copyright 2024, Sandhills Global, Inc. (“Sandhills”). All rights reserved.
The information in this document is for informational purposes only. It should not be construed or relied upon as business, marketing, financial, investment, legal, regulatory or other advice. This document contains proprietary
information that is the exclusive property of Sandhills. This document and the material contained herein may not be copied, reproduced or distributed without prior written consent of Sandhills.
Drop Deck Trailers
% of Inventory Sold Last Month
2015 2016 2017 2018 2019 2020 2021 2022 2023 .
February
August
March
July
November
February
August
March
July
November
February
August
March
July
November
February
August
February
August
March
July
November
January
0.0%
10.0%
20.0%
30.0%
Asking EVI Y/Y Variance
2015 2016 2017 2018 2019 2020 2021 2022 2023 .
March
July
November
March
July
November
March
July
November
March
July
November
March
July
November
March
July
November
March
July
November
March
July
November
March
July
November
January
-40.0%
-20.0%
0.0%
20.0%
40.0%
Inventory Y/Y Variance
© Copyright 2024, Sandhills Global, Inc. (“Sandhills”). All rights reserved.
The information in this document is for informational purposes only. It should not be construed or relied upon as business, marketing, financial, investment, legal, regulatory or other advice. This document contains proprietary
information that is the exclusive property of Sandhills. This document and the material contained herein may not be copied, reproduced or distributed without prior written consent of Sandhills.
Drop Deck Trailers
Year over Year Variance
2015 2016 2017 2018 2019 2020 2021 2022 2023 .
March
July
November
March
July
November
March
July
November
March
July
November
March
July
November
March
July
November
March
July
November
March
July
November
March
July
November
February
-2.0%
0.0%
2.0%
4.0%
6.0%
8.0%
Asking EVI M/M Variance
2015 2016 2017 2018 2019 2020 2021 2022 2023 .
March
July
November
March
July
November
March
July
November
March
July
November
March
July
November
March
July
November
March
July
November
March
July
November
March
July
November
January
-10.0%
-5.0%
0.0%
5.0%
10.0%
15.0%
Inventory M/M Variance
© Copyright 2024, Sandhills Global, Inc. (“Sandhills”). All rights reserved.
The information in this document is for informational purposes only. It should not be construed or relied upon as business, marketing, financial, investment, legal, regulatory or other advice. This document contains proprietary
information that is the exclusive property of Sandhills. This document and the material contained herein may not be copied, reproduced or distributed without prior written consent of Sandhills.
Drop Deck Trailers
Month over Month Variance
2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
0
200
400
Avg Inventory By Age
0 to 5 Yrs 5 to 10 Yrs 10 to 25 Yrs 25+
© Copyright 2024, Sandhills Global, Inc. (“Sandhills”). All rights reserved.
The information in this document is for informational purposes only. It should not be construed or relied upon as business, marketing, financial, investment, legal, regulatory or other advice. This document contains proprietary
information that is the exclusive property of Sandhills. This document and the material contained herein may not be copied, reproduced or distributed without prior written consent of Sandhills.
2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Month of SaleDate
0
500
1000
596
Inventory
Drop Deck Trailers
Inventory By Age Group
© Copyright 2024, Sandhills Global, Inc. (“Sandhills”). All rights reserved.
The information in this document is for informational purposes only. It should not be construed or relied upon as business, marketing, financial, investment, legal, regulatory or other advice. This document contains proprietary
information that is the exclusive property of Sandhills. This document and the material contained herein may not be copied, reproduced or distributed without prior written consent of Sandhills.
2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
-50.0%
0.0%
50.0%
100.0%
3.5%
-41.2%
-14.9%
Drop Deck Trailers Avg Inventory Y/Y Variance, Age Group
0 to 5 Yrs 5 to 10 Yrs 10 to 25 Yrs 25+
Drop Deck Trailers
Inventory By Age Group
© Copyright 2024, Sandhills Global, Inc. (“Sandhills”). All rights reserved.
The information in this document is for informational purposes only. It should not be construed or relied upon as business, marketing, financial, investment, legal, regulatory or other advice. This document contains proprietary
information that is the exclusive property of Sandhills. This document and the material contained herein may not be copied, reproduced or distributed without prior written consent of Sandhills.
2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
-10.0%
0.0%
10.0%
20.0%
30.0%
40.0%
-1.6%
-4.4%
Drop Deck Trailers Asking EVI Y/Y Variance, Age Group
0 to 5 Yrs 5 to 10 Yrs 10 to 25 Yrs 25+
Drop Deck Trailers
Asking EVI By Age Group
About This Report:
Sandhills Equipment Value Index
The Sandhills Global Equipment Value Index (EVI) is a metric that accurately tracks the ways in which asset values within
the commercial trucking, construcon equipment, agricultural equipment and RV markets change over me.
Key Aributes
· Broad market perspecve – The EVI provides a robust view of market trends based on mulple sales points—including
aucon, retail, trade-in, cash, and rental values, as well as asking data—rather than a single price point channel. The EVI
covers United States regions and Canada.
· Granular reporng – The EVI is available for specific individual and combined asset segments and aributes, such as
manufacturer, model, model year, range of model years, age, range of ages, horsepower, and operang weight. The EVI
also considers valid model year equipment acvely in use during a given meframe.
· Powered by FleetEvaluator – The EVI leverages data from FleetEvaluator, Sandhills’ proprietary asset valuaon tool.
Fleet Evaluator’s highly accurate valuaons are derived from over $140 billion annually in cleansed retail and aucon data,
and take into account dozens of market health indicators, regional trends, and other factors.
Terminology
· Aucon data – This includes external aucon results recorded by Sandhills’ data entry teams, as well as internal
aucon results from Sandhills websites.
· Asking data – This includes pricing data from all lisngs on Sandhills websites, with each price corresponding to the
dollar amount the dealer was “asking” for the lisng.
Data Highlights
· Inventory – This is calculated as the sum of units on truckpaper.com at the end of each month.
· Percentage of inventory sold – This data reflects the number of units sold divided by the total available inventory on truckpaper.com.
· Model years – Data reflects used, 1-40 years.
About Sandhills Global
Founded in 1978, Sandhills Global serves the trucking, agriculture, construcon, heavy
machinery, aviaon, and related industries with a diverse range of products and services from
well-established trade publicaons and websites to hosted technology services customized to
meet the evolving needs of our customers. Headquartered in Lincoln, Nebraska, Sandhills’
facilies include an on-site prinng press, bindery, and state-of-the-art data center. Sandhills
also operates a geographically disparate redundant data center in Scosdale, Arizona, and
supports mulple internaonal publicaons with offices situated around the world. All
Sandhills facilies are backed by decades of experience and connuous investment in the most
cung-edge technologies, making Sandhills a global leader in the respecve industries it
serves.
CONTACT:
Sandhills Global
PO Box 82545
Lincoln, NE 68501-5310
IF YOU WOULD LIKE ANY ADDITIONAL DATA PLEASE
CONTACT:
Mitch Helman
mitch-helman@sandhills.com
Jim Ryan
jim-ryan@sandhills.com
Dry Van Trailers
Class 8: US Used Market
February, 2024
Sandhills EVI Restate:
Sandhills Equipment Value Index (EVI) version enhancements and weighng adjustments are introduced
annually effecve with the publicaon of the January EVI. Also effecve with the January 2024 EVI, historical
EVI metrics have been amended and recalculated back to 2005. All calendar year 2024 EVI releases will include
these enhancements.
Dry Van Trailers For Sale:
$88.8M
WABASH
UTILITY
GREAT DANE
HYUNDAI
STOUGHTON
TRAILMOBILE
Grand Total
$78.6M
$0.8M
$4.9M
$14.3M
$17.1M
$18.6M
$22.9M
February
© Copyright 2024, Sandhills Global, Inc. (“Sandhills”). All rights reserved.
The information in this document is for informational purposes only. It should not be construed or relied upon as business, marketing, financial, investment, legal, regulatory or other advice. This document contains proprietary
information that is the exclusive property of Sandhills. This document and the material contained herein may not be copied, reproduced or distributed without prior written consent of Sandhills.
Dry Van Trailers
Used Market: For Sale Lisngs
WABASH
UTILITY
GREAT DANE
HYUNDAI
STOUGHTON
TRAILMOBILE
Grand Total
$91.6M
$1.1M
$5.3M
$15.6M
$18.8M
$22.6M
$28.2M
January
Top Manufacturers:
$88.8M
© Copyright 2024, Sandhills Global, Inc. (“Sandhills”). All rights reserved.
The information in this document is for informational purposes only. It should not be construed or relied upon as business, marketing, financial, investment, legal, regulatory or other advice. This document contains proprietary
information that is the exclusive property of Sandhills. This document and the material contained herein may not be copied, reproduced or distributed without prior written consent of Sandhills.
Dry Van Trailers
Used Market: US Regional Metrics
North Central
$20.7M
South Central
$10.3M
North East
$17.2M
South East
$11.6M
West
$29.0M
© 2024 Mapbox © OpenStreetMap
For Sale by Region
Region
North
CentralNorth East
South
CentralSouth East West
Grand
Total
Asking EVI
Aucon EVI
Inventory
Sold Units
% inventory sold
16.0%
1,160
7,271
$7K
$11K
11.7%
309
2,642
$6K
$10K
27.0%
235
870
$7K
$11K
22.6%
181
802
$7K
$12K
16.0%
228
1,428
$6K
$11K
13.5%
207
1,529
$8K
$12K
** West Region also includes Alaska & Hawaii
Asking - % Y/Y Change
Asking - % M/M Change
Aucon - % Y/Y Change
Aucon -% M/M Change
Inventory - % Y/Y Change
Inventory - % M/M Change
For Sale - % M/M Change
-9.2%
-0.6%
42.8%
-3.2%
-44.7%
-6.5%
-44.4%
-10.7%
0.0%
46.5%
-11.0%
-48.7%
-12.4%
-47.0%
-31.7%
-15.0%
37.8%
-7.2%
-48.1%
-10.5%
-43.8%
-7.2%
-1.6%
25.4%
-6.0%
-48.1%
-7.6%
-45.0%
-14.6%
-0.1%
264.4%
-12.1%
-53.5%
-15.6%
-49.2%
-14.3%
-2.3%
79.7%
-8.0%
-49.0%
-10.9%
-46.3%
2016 2018 2020 2022 2024
-50.0%
0.0%
50.0%
100.0%
150.0%
-46.3%
-49.0%
Asking vs Aucon EVI Y/Y Variance
© Copyright 2024, Sandhills Global, Inc. (“Sandhills”). All rights reserved.
The information in this document is for informational purposes only. It should not be construed or relied upon as business, marketing, financial, investment, legal, regulatory or other advice. This document contains proprietary
information that is the exclusive property of Sandhills. This document and the material contained herein may not be copied, reproduced or distributed without prior written consent of Sandhills.
Dry Van Trailers
Sandhills Equipment Value Index (EVI)
2016 2018 2020 2022 2024
$0K
$5K
$10K
$15K
$20K
$25K
$30K
$11K
$7K
Asking vs Aucon EVI
Asking EVI Aucon EVI
2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
$0K
$5K
$10K
$15K
$20K
$25K
$30K
0K
1K
2K
3K
4K
5K
6K
7K
$11K
Asking EVI & Inventory Trend
Asking EVI Inventory
© Copyright 2024, Sandhills Global, Inc. (“Sandhills”). All rights reserved.
The information in this document is for informational purposes only. It should not be construed or relied upon as business, marketing, financial, investment, legal, regulatory or other advice. This document contains proprietary
information that is the exclusive property of Sandhills. This document and the material contained herein may not be copied, reproduced or distributed without prior written consent of Sandhills.
Dry Van Trailers
Sandhills Equipment Value Index (EVI) & Inventory Trend
2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
0.0%
5.0%
10.0%
15.0%
20.0%
25.0%
30.0%
35.0%
16.0%
Dry Van Trailers % of Inventory Sold Last Month
© Copyright 2024, Sandhills Global, Inc. (“Sandhills”). All rights reserved.
The information in this document is for informational purposes only. It should not be construed or relied upon as business, marketing, financial, investment, legal, regulatory or other advice. This document contains proprietary
information that is the exclusive property of Sandhills. This document and the material contained herein may not be copied, reproduced or distributed without prior written consent of Sandhills.
Dry Van Trailers
% of Inventory Sold Last Month
2015 2016 2017 2018 2019 2020 2021 2022 2023 .
March
July
November
February
August
March
July
November
March
July
November
February
August
March
July
November
March
July
November
February
August
March
July
November
February
-50.0%
0.0%
50.0%
100.0%
150.0%
Asking EVI Y/Y Variance
2015 2016 2017 2018 2019 2020 2021 2022 2023 .
March
July
November
March
July
November
March
July
November
March
July
November
March
July
November
March
July
November
March
July
November
March
July
November
March
July
November
January
-50.0%
0.0%
50.0%
100.0%
Inventory Y/Y Variance
© Copyright 2024, Sandhills Global, Inc. (“Sandhills”). All rights reserved.
The information in this document is for informational purposes only. It should not be construed or relied upon as business, marketing, financial, investment, legal, regulatory or other advice. This document contains proprietary
information that is the exclusive property of Sandhills. This document and the material contained herein may not be copied, reproduced or distributed without prior written consent of Sandhills.
Dry Van Trailers
Year over Year Variance
2015 2016 2017 2018 2019 2020 2021 2022 2023 .
March
July
November
March
July
November
March
July
November
March
July
November
March
July
November
March
July
November
March
July
November
March
July
November
March
July
November
January
-10.0%
-5.0%
0.0%
5.0%
10.0%
15.0%
Asking EVI M/M Variance
2015 2016 2017 2018 2019 2020 2021 2022 2023 .
March
July
November
March
July
November
March
July
November
March
July
November
March
July
November
March
July
November
March
July
November
March
July
November
March
July
November
January
-10.0%
0.0%
10.0%
20.0%
Inventory M/M Variance
© Copyright 2024, Sandhills Global, Inc. (“Sandhills”). All rights reserved.
The information in this document is for informational purposes only. It should not be construed or relied upon as business, marketing, financial, investment, legal, regulatory or other advice. This document contains proprietary
information that is the exclusive property of Sandhills. This document and the material contained herein may not be copied, reproduced or distributed without prior written consent of Sandhills.
Dry Van Trailers
Month over Month Variance
© Copyright 2024, Sandhills Global, Inc. (“Sandhills”). All rights reserved.
The information in this document is for informational purposes only. It should not be construed or relied upon as business, marketing, financial, investment, legal, regulatory or other advice. This document contains proprietary
information that is the exclusive property of Sandhills. This document and the material contained herein may not be copied, reproduced or distributed without prior written consent of Sandhills.
2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Month of SaleDate
0K
2K
4K
6K
7,271
Inventory
Dry Van Trailers
Inventory By Age Group
2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
0K
2K
4K
Avg Inventory By Age
0 to 5 Yrs 5 to 10 Yrs 10 to 25 Yrs 25+
© Copyright 2024, Sandhills Global, Inc. (“Sandhills”). All rights reserved.
The information in this document is for informational purposes only. It should not be construed or relied upon as business, marketing, financial, investment, legal, regulatory or other advice. This document contains proprietary
information that is the exclusive property of Sandhills. This document and the material contained herein may not be copied, reproduced or distributed without prior written consent of Sandhills.
2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
0.0%
200.0%
400.0%
600.0%
800.0%
1000.0%
295.1%
57.8%
-8.8%
90.4%
Dry Van Trailers Avg Inventory Y/Y Variance, Age Group
Dry Van Trailers
Inventory By Age Group
0 to 5 Yrs 5 to 10 Yrs 10 to 25 Yrs 25+
© Copyright 2024, Sandhills Global, Inc. (“Sandhills”). All rights reserved.
The information in this document is for informational purposes only. It should not be construed or relied upon as business, marketing, financial, investment, legal, regulatory or other advice. This document contains proprietary
information that is the exclusive property of Sandhills. This document and the material contained herein may not be copied, reproduced or distributed without prior written consent of Sandhills.
2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
-50.0%
0.0%
50.0%
100.0%
150.0%
200.0%
-51.6%
-30.9%
Dry Van Trailers Asking EVI Y/Y Variance, Age Group
Dry Van Trailers
Asking EVI By Age Group
0 to 5 Yrs 5 to 10 Yrs 10 to 25 Yrs 25+
About This Report:
Sandhills Equipment Value Index
The Sandhills Global Equipment Value Index (EVI) is a metric that accurately tracks the ways in which asset values within
the commercial trucking, construcon equipment, agricultural equipment and RV markets change over me.
Key Aributes
· Broad market perspecve – The EVI provides a robust view of market trends based on mulple sales points—including
aucon, retail, trade-in, cash, and rental values, as well as asking data—rather than a single price point channel. The EVI
covers United States regions and Canada.
· Granular reporng – The EVI is available for specific individual and combined asset segments and aributes, such as
manufacturer, model, model year, range of model years, age, range of ages, horsepower, and operang weight. The EVI
also considers valid model year equipment acvely in use during a given meframe.
· Powered by FleetEvaluator – The EVI leverages data from FleetEvaluator, Sandhills’ proprietary asset valuaon tool.
Fleet Evaluator’s highly accurate valuaons are derived from over $140 billion annually in cleansed retail and aucon data,
and take into account dozens of market health indicators, regional trends, and other factors.
Terminology
· Aucon data – This includes external aucon results recorded by Sandhills’ data entry teams, as well as internal
aucon results from Sandhills websites.
· Asking data – This includes pricing data from all lisngs on Sandhills websites, with each price corresponding to the
dollar amount the dealer was “asking” for the lisng.
Data Highlights
· Inventory – This is calculated as the sum of units on truckpaper.com at the end of each month.
· Percentage of inventory sold – This data reflects the number of units sold divided by the total available inventory on truckpaper.com.
· Model years – Data reflects used, 1-40 years.
About Sandhills Global
Founded in 1978, Sandhills Global serves the trucking, agriculture, construcon, heavy
machinery, aviaon, and related industries with a diverse range of products and services from
well-established trade publicaons and websites to hosted technology services customized to
meet the evolving needs of our customers. Headquartered in Lincoln, Nebraska, Sandhills’
facilies include an on-site prinng press, bindery, and state-of-the-art data center. Sandhills
also operates a geographically disparate redundant data center in Scosdale, Arizona, and
supports mulple internaonal publicaons with offices situated around the world. All
Sandhills facilies are backed by decades of experience and connuous investment in the most
cung-edge technologies, making Sandhills a global leader in the respecve industries it
serves.
CONTACT:
Sandhills Global
PO Box 82545
Lincoln, NE 68501-5310
IF YOU WOULD LIKE ANY ADDITIONAL DATA PLEASE
CONTACT:
Mitch Helman
mitch-helman@sandhills.com
Jim Ryan
jim-ryan@sandhills.com
Flatbed Trailers
Class 8: US Used Market
February, 2024
Sandhills EVI Restate:
Sandhills Equipment Value Index (EVI) version enhancements and weighng adjustments are introduced
annually effecve with the publicaon of the January EVI. Also effecve with the January 2024 EVI, historical
EVI metrics have been amended and recalculated back to 2005. All calendar year 2024 EVI releases will include
these enhancements.
Flatbed Trailers For Sale:
$42.0M
FONTAINE
UTILITY
GREAT DANE
TRANSCRAFT
REITNOUER
MANAC
MAC TRAILER MFG
EAST
DORSEY
WABASH
Grand Total
$36.2M
$0.4M
$1.1M
$1.4M
$2.2M
$2.5M
$4.5M
$5.1M
$5.7M
$5.8M
$7.5M
February
© Copyright 2024, Sandhills Global, Inc. (“Sandhills”). All rights reserved.
The information in this document is for informational purposes only. It should not be construed or relied upon as business, marketing, financial, investment, legal, regulatory or other advice. This document contains proprietary
information that is the exclusive property of Sandhills. This document and the material contained herein may not be copied, reproduced or distributed without prior written consent of Sandhills.
Flatbed Trailers
Used Market: For Sale Lisngs
FONTAINE
TRANSCRAFT
GREAT DANE
UTILITY
REITNOUER
MANAC
MAC TRAILER MFG
EAST
DORSEY
WABASH
Grand Total
$38.0M
$0.5M
$1.0M
$1.7M
$2.3M
$2.9M
$4.8M
$5.5M
$5.9M
$6.5M
$7.0M
January
Top Manufacturers:
$42.0M
© Copyright 2024, Sandhills Global, Inc. (“Sandhills”). All rights reserved.
The information in this document is for informational purposes only. It should not be construed or relied upon as business, marketing, financial, investment, legal, regulatory or other advice. This document contains proprietary
information that is the exclusive property of Sandhills. This document and the material contained herein may not be copied, reproduced or distributed without prior written consent of Sandhills.
Flatbed Trailers
Used Market: US Regional Metrics
North Central
$10.9M
South Central
$9.3M
North East
$5.3M
South East
$10.3M
West
$6.1M
© 2024 Mapbox © OpenStreetMap
For Sale by Region
Region
North
CentralNorth East
South
CentralSouth East West
Grand
Total
Asking EVI
Aucon EVI
Inventory
Sold Units
% Inventory Sold
15.6%
287
1,845
$11K
$20K
19.4%
53
273
$12K
$22K
14.2%
66
465
$11K
$20K
10.2%
37
363
$11K
$21K
20.5%
47
229
$10K
$19K
16.3%
84
515
$11K
$20K
** West Region also includes Alaska & Hawaii
Asking - % Y/Y Change
Asking - % M/M Change
Aucon - % Y/Y Change
Aucon - % M/M Change
Inventory - % Y/Y Change
Inventory - % M/M Change
For Sale - % M/M Change
0.8%
1.6%
15.0%
-2.0%
-17.0%
-0.9%
-9.2%
-16.2%
-11.6%
-14.2%
-4.5%
-18.3%
-2.5%
-10.4%
0.4%
-0.5%
-12.1%
0.5%
-15.0%
-1.3%
-10.9%
-5.6%
-3.1%
11.2%
-3.4%
-15.7%
-2.1%
-8.8%
-8.2%
-5.5%
33.2%
-2.0%
-15.8%
-2.0%
-10.0%
-4.7%
-2.9%
5.4%
-2.2%
-16.2%
-1.7%
-9.8%
2016 2018 2020 2022 2024
-10.0%
0.0%
10.0%
20.0%
30.0%
-9.8%
-16.2%
Asking vs Aucon EVI Y/Y Variance
© Copyright 2024, Sandhills Global, Inc. (“Sandhills”). All rights reserved.
The information in this document is for informational purposes only. It should not be construed or relied upon as business, marketing, financial, investment, legal, regulatory or other advice. This document contains proprietary
information that is the exclusive property of Sandhills. This document and the material contained herein may not be copied, reproduced or distributed without prior written consent of Sandhills.
2016 2018 2020 2022 2024
$0K
$5K
$10K
$15K
$20K
$20K
$11K
Asking vs Aucon EVI
Flatbed Trailers
Sandhills Equipment Value Index (EVI)
Asking EVI Aucon EVI
2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
$0K
$5K
$10K
$15K
$20K
0
500
1000
1500
2000
2500
3000
$20K
Asking EVI & Inventory Trend
Asking EVI Inventory
© Copyright 2024, Sandhills Global, Inc. (“Sandhills”). All rights reserved.
The information in this document is for informational purposes only. It should not be construed or relied upon as business, marketing, financial, investment, legal, regulatory or other advice. This document contains proprietary
information that is the exclusive property of Sandhills. This document and the material contained herein may not be copied, reproduced or distributed without prior written consent of Sandhills.
Flatbed Trailers
Sandhills Equipment Value Index (EVI) & Inventory Trend
2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
0.0%
5.0%
10.0%
15.0%
20.0%
25.0%
30.0%
35.0%
15.6%
Flatbed Trailers % of Inventory Sold Last Month
© Copyright 2024, Sandhills Global, Inc. (“Sandhills”). All rights reserved.
The information in this document is for informational purposes only. It should not be construed or relied upon as business, marketing, financial, investment, legal, regulatory or other advice. This document contains proprietary
information that is the exclusive property of Sandhills. This document and the material contained herein may not be copied, reproduced or distributed without prior written consent of Sandhills.
Flatbed Trailers
% of Inventory Sold Last Month
2015 2016 2017 2018 2019 2020 2021 2022 2023 .
February
August
March
July
November
February
August
March
July
November
February
August
March
July
November
February
August
February
August
March
July
November
January
-10.0%
0.0%
10.0%
20.0%
30.0%
Asking EVI Y/Y Variance
2015 2016 2017 2018 2019 2020 2021 2022 2023 .
March
July
November
March
July
November
March
July
November
March
July
November
March
July
November
March
July
November
March
July
November
March
July
November
March
July
November
January
-40.0%
-20.0%
0.0%
20.0%
40.0%
60.0%
Inventory Y/Y Variance
© Copyright 2024, Sandhills Global, Inc. (“Sandhills”). All rights reserved.
The information in this document is for informational purposes only. It should not be construed or relied upon as business, marketing, financial, investment, legal, regulatory or other advice. This document contains proprietary
information that is the exclusive property of Sandhills. This document and the material contained herein may not be copied, reproduced or distributed without prior written consent of Sandhills.
Flatbed Trailers
Year over Year Variance
2015 2016 2017 2018 2019 2020 2021 2022 2023 .
March
July
November
March
July
November
March
July
November
March
July
November
March
July
November
March
July
November
March
July
November
March
July
November
March
July
November
February
-2.0%
-1.0%
0.0%
1.0%
2.0%
3.0%
4.0%
Asking EVI M/M Variance
2015 2016 2017 2018 2019 2020 2021 2022 2023 .
March
July
November
March
July
November
March
July
November
March
July
November
March
July
November
March
July
November
March
July
November
March
July
November
March
July
November
January
-15.0%
-10.0%
-5.0%
0.0%
5.0%
10.0%
Inventory M/M Variance
© Copyright 2024, Sandhills Global, Inc. (“Sandhills”). All rights reserved.
The information in this document is for informational purposes only. It should not be construed or relied upon as business, marketing, financial, investment, legal, regulatory or other advice. This document contains proprietary
information that is the exclusive property of Sandhills. This document and the material contained herein may not be copied, reproduced or distributed without prior written consent of Sandhills.
Flatbed Trailers
Month over Month Variance
2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
0
500
1000
1500
Avg Inventory By Age
© Copyright 2024, Sandhills Global, Inc. (“Sandhills”). All rights reserved.
The information in this document is for informational purposes only. It should not be construed or relied upon as business, marketing, financial, investment, legal, regulatory or other advice. This document contains proprietary
information that is the exclusive property of Sandhills. This document and the material contained herein may not be copied, reproduced or distributed without prior written consent of Sandhills.
2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
0K
1K
2K
3K
1,845
Inventory
Flatbed Trailers
Inventory By Age Group
0 to 5 Yrs 5 to 10 Yrs 10 to 25 Yrs 25+
© Copyright 2024, Sandhills Global, Inc. (“Sandhills”). All rights reserved.
The information in this document is for informational purposes only. It should not be construed or relied upon as business, marketing, financial, investment, legal, regulatory or other advice. This document contains proprietary
information that is the exclusive property of Sandhills. This document and the material contained herein may not be copied, reproduced or distributed without prior written consent of Sandhills.
2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
-50.0%
0.0%
50.0%
100.0%
150.0%
0.5%
-6.9%
14.3%
Flatbed Trailers Avg Inventory Y/Y Variance, Age Group
Flatbed Trailers
Inventory By Age Group
0 to 5 Yrs 5 to 10 Yrs 10 to 25 Yrs 25+
© Copyright 2024, Sandhills Global, Inc. (“Sandhills”). All rights reserved.
The information in this document is for informational purposes only. It should not be construed or relied upon as business, marketing, financial, investment, legal, regulatory or other advice. This document contains proprietary
information that is the exclusive property of Sandhills. This document and the material contained herein may not be copied, reproduced or distributed without prior written consent of Sandhills.
2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
-10.0%
0.0%
10.0%
20.0%
30.0%
40.0%
-6.1%
-7.1%
-3.4%
Flatbed Trailers Asking EVI Y/Y Variance, Age Group
Flatbed Trailers
Asking EVI By Age Group
0 to 5 Yrs 5 to 10 Yrs 10 to 25 Yrs 25+
About This Report:
The Sandhills Global Equipment Value Index (EVI) is a metric that accurately tracks the ways in which asset values within
the commercial trucking, construcon equipment, agricultural equipment and RV markets change over me.
Key Aributes
· Broad market perspecve – The EVI provides a robust view of market trends based on mulple sales points—including
aucon, retail, trade-in, cash, and rental values, as well as asking data—rather than a single price point channel. The EVI
covers United States regions and Canada.
· Granular reporng – The EVI is available for specific individual and combined asset segments and aributes, such as
manufacturer, model, model year, range of model years, age, range of ages, horsepower, and operang weight. The EVI
also considers valid model year equipment acvely in use during a given meframe.
· Powered by FleetEvaluator – The EVI leverages data from FleetEvaluator, Sandhills’ proprietary asset valuaon tool.
Fleet Evaluator’s highly accurate valuaons are derived from over $140 billion annually in cleansed retail and aucon data,
and take into account dozens of market health indicators, regional trends, and other factors.
Terminology
· Aucon data – This includes external aucon results recorded by Sandhills’ data entry teams, as well as internal
aucon results from Sandhills websites.
· Asking data – This includes pricing data from all lisngs on Sandhills websites, with each price corresponding to the
dollar amount the dealer was “asking” for the lisng.
Data Highlights
· Inventory – This is calculated as the sum of units on truckpaper.com at the end of each month.
· Percentage of inventory sold – This data reflects the number of units sold divided by the total available inventory on truckpaper.com.
· Model years – Data reflects used, 1-40 years.
..
About Sandhills Global
Founded in 1978, Sandhills Global serves the trucking, agriculture, construcon, heavy
machinery, aviaon, and related industries with a diverse range of products and services from
well-established trade publicaons and websites to hosted technology services customized to
meet the evolving needs of our customers. Headquartered in Lincoln, Nebraska, Sandhills’
facilies include an on-site prinng press, bindery, and state-of-the-art data center. Sandhills
also operates a geographically disparate redundant data center in Scosdale, Arizona, and
supports mulple internaonal publicaons with offices situated around the world. All
Sandhills facilies are backed by decades of experience and connuous investment in the most
cung-edge technologies, making Sandhills a global leader in the respecve industries it
serves.
CONTACT:
Sandhills Global
PO Box 82545
Lincoln, NE 68501-5310
IF YOU WOULD LIKE ANY ADDITIONAL DATA PLEASE
CONTACT:
Mitch Helman
mitch-helman@sandhills.com
Jim Ryan
jim-ryan@sandhills.com
Reefer Trailers
Class 8: US Used Market
February, 2024
Sandhills EVI Restate:
Sandhills Equipment Value Index (EVI) version enhancements and weighng adjustments are introduced
annually effecve with the publicaon of the January EVI. Also effecve with the January 2024 EVI, historical
EVI metrics have been amended and recalculated back to 2005. All calendar year 2024 EVI releases will include
these enhancements.
$99.9M
Reefer Trailers For Sale:
UTILITY
GREAT DANE
WABASH
HYUNDAI
Grand Total
$94.5M
$4.5M
$9.2M
$21.8M
$59.0M
February
© Copyright 2024, Sandhills Global, Inc. (“Sandhills”). All rights reserved.
The information in this document is for informational purposes only. It should not be construed or relied upon as business, marketing, financial, investment, legal, regulatory or other advice. This document contains proprietary
information that is the exclusive property of Sandhills. This document and the material contained herein may not be copied, reproduced or distributed without prior written consent of Sandhills.
Reefer Trailers
Used Market: For Sale Lisngs
UTILITY
GREAT DANE
WABASH
HYUNDAI
Grand Total
$102.0M
$3.8M
$9.2M
$21.3M
$67.7M
January
Top Manufacturers:
$99.9M
© Copyright 2024, Sandhills Global, Inc. (“Sandhills”). All rights reserved.
The information in this document is for informational purposes only. It should not be construed or relied upon as business, marketing, financial, investment, legal, regulatory or other advice. This document contains proprietary
information that is the exclusive property of Sandhills. This document and the material contained herein may not be copied, reproduced or distributed without prior written consent of Sandhills.
Reefer Trailers
Used Market: US Regional Metrics
North Central
$27.2M
South Central
$17.6M
North East
$10.0M
South East
$14.3M
West
$30.8M
© 2024 Mapbox © OpenStreetMap
For Sale by Region
Region
North
CentralNorth East
South
CentralSouth East West
Grand
Total
Asking EVI
Aucon EVI
Inventory
Sold Units
% Inventory Sold
14.3%
564
3,931
$15K
$24K
16.8%
201
1,194
$16K
$26K
20.3%
121
595
$13K
$23K
10.0%
72
718
$13K
$23K
10.4%
45
432
$11K
$21K
12.6%
125
992
$18K
$27K
** West Region also includes Alaska & Hawaii
Asking - % Y/Y Change
Asking - % M/M Change
Aucon - % Y/Y Change
Aucon - % M/M Change
Inventory - % Y/Y Change
Inventory - % M/M Change
For Sale - % M/M Change
-8.7%
-2.0%
12.6%
1.1%
-15.6%
-0.6%
-23.8%
2.6%
9.9%
14.6%
-6.1%
-37.4%
-5.4%
-33.8%
-3.1%
5.9%
16.7%
-6.8%
-39.2%
-6.1%
-36.3%
-8.7%
-2.6%
21.4%
-4.0%
-29.5%
-3.5%
-29.5%
-11.4%
-8.5%
57.3%
0.3%
-18.7%
-1.8%
-24.5%
-7.6%
-1.7%
25.9%
-2.3%
-26.5%
-3.1%
-28.9%
Used Day Cab Trucks For Sale:
Reefer Trailers
Sandhills Equipment Value Index (EVI)
2016 2018 2020 2022 2024
$0K
$10K
$20K
$30K
$40K
$50K
$24K
$15K
Asking vs Aucon EVI
© Copyright 2024, Sandhills Global, Inc. (“Sandhills”). All rights reserved.
The information in this document is for informational purposes only. It should not be construed or relied upon as business, marketing, financial, investment, legal, regulatory or other advice. This document contains proprietary
information that is the exclusive property of Sandhills. This document and the material contained herein may not be copied, reproduced or distributed without prior written consent of Sandhills.
2016 2018 2020 2022 2024
-50.0%
0.0%
50.0%
100.0%
-28.9%
-26.5%
Asking vs Aucon EVI Y/Y Variance
Asking EVI Aucon EVI
Used Day Cab Trucks For Sale:
Reefer Trailers
Sandhills Equipment Value Index (EVI) & Inventory Trend
2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
$0K
$10K
$20K
$30K
$40K
$50K
0K
1K
2K
3K
4K
5K
$24K
Asking EVI & Inventory Trend
Asking EVI Inventory
© Copyright 2024, Sandhills Global, Inc. (“Sandhills”). All rights reserved.
The information in this document is for informational purposes only. It should not be construed or relied upon as business, marketing, financial, investment, legal, regulatory or other advice. This document contains proprietary
information that is the exclusive property of Sandhills. This document and the material contained herein may not be copied, reproduced or distributed without prior written consent of Sandhills.
Used Day Cab Trucks For Sale:
Reefer Trailers
% of Inventory Sold Last Month
2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
0.0%
10.0%
20.0%
30.0%
40.0%
14.3%
Reefer Trailers % of Inventory Sold Last Month
© Copyright 2024, Sandhills Global, Inc. (“Sandhills”). All rights reserved.
The information in this document is for informational purposes only. It should not be construed or relied upon as business, marketing, financial, investment, legal, regulatory or other advice. This document contains proprietary
information that is the exclusive property of Sandhills. This document and the material contained herein may not be copied, reproduced or distributed without prior written consent of Sandhills.
Used Day Cab Trucks For Sale:
Reefer Trailers
Year over Year Variance
2015 2016 2017 2018 2019 2020 2021 2022 2023 .
March
July
November
March
July
November
March
July
November
March
July
November
March
July
November
March
July
November
March
July
November
March
July
November
March
July
November
January
0.0%
50.0%
100.0%
Asking EVI Y/Y Variance
2015 2016 2017 2018 2019 2020 2021 2022 2023 .
March
July
November
March
July
November
March
July
November
March
July
November
March
July
November
March
July
November
March
July
November
March
July
November
March
July
November
January
-50.0%
0.0%
50.0%
100.0%
Inventory Y/Y Variance
© Copyright 2024, Sandhills Global, Inc. (“Sandhills”). All rights reserved.
The information in this document is for informational purposes only. It should not be construed or relied upon as business, marketing, financial, investment, legal, regulatory or other advice. This document contains proprietary
information that is the exclusive property of Sandhills. This document and the material contained herein may not be copied, reproduced or distributed without prior written consent of Sandhills.
Used Day Cab Trucks For Sale:
Reefer Trailers
Month over Month Variance
2015 2016 2017 2018 2019 2020 2021 2022 2023 .
March
July
November
March
July
November
March
July
November
March
July
November
March
July
November
March
July
November
March
July
November
March
July
November
March
July
November
February
-5.0%
0.0%
5.0%
10.0%
Asking EVI M/M Variance
2015 2016 2017 2018 2019 2020 2021 2022 2023 .
March
July
November
March
July
November
March
July
November
March
July
November
March
July
November
March
July
November
March
July
November
March
July
November
March
July
November
January
-20.0%
-10.0%
0.0%
10.0%
20.0%
Inventory M/M Variance
© Copyright 2024, Sandhills Global, Inc. (“Sandhills”). All rights reserved.
The information in this document is for informational purposes only. It should not be construed or relied upon as business, marketing, financial, investment, legal, regulatory or other advice. This document contains proprietary
information that is the exclusive property of Sandhills. This document and the material contained herein may not be copied, reproduced or distributed without prior written consent of Sandhills.
Used Day Cab Trucks For Sale:
Reefer Trailers
Inventory By Age Group
2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
0K
1K
2K
Avg Inventory By Age
© Copyright 2024, Sandhills Global, Inc. (“Sandhills”). All rights reserved.
The information in this document is for informational purposes only. It should not be construed or relied upon as business, marketing, financial, investment, legal, regulatory or other advice. This document contains proprietary
information that is the exclusive property of Sandhills. This document and the material contained herein may not be copied, reproduced or distributed without prior written consent of Sandhills.
2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
0K
2K
4K
3,931
Inventory
0 to 5 Yrs 5 to 10 Yrs 10 to 25 Yrs 25+
Used Day Cab Trucks For Sale:
Reefer Trailers
Inventory By Age Group
2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
-50.0%
0.0%
50.0%
100.0%
150.0%
19.9%
30.9%
66.2%
Reefer Trailers Avg Inventory Y/Y Variance, Age Group
© Copyright 2024, Sandhills Global, Inc. (“Sandhills”). All rights reserved.
The information in this document is for informational purposes only. It should not be construed or relied upon as business, marketing, financial, investment, legal, regulatory or other advice. This document contains proprietary
information that is the exclusive property of Sandhills. This document and the material contained herein may not be copied, reproduced or distributed without prior written consent of Sandhills.
0 to 5 Yrs 5 to 10 Yrs 10 to 25 Yrs 25+
Used Day Cab Trucks For Sale:
Reefer Trailers
Asking EVI By Age Group
2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
0.0%
50.0%
100.0%
-33.3%
-31.0%
-18.4%
Reefer Trailers Asking EVI Y/Y Variance, Age Group
© Copyright 2024, Sandhills Global, Inc. (“Sandhills”). All rights reserved.
The information in this document is for informational purposes only. It should not be construed or relied upon as business, marketing, financial, investment, legal, regulatory or other advice. This document contains proprietary
information that is the exclusive property of Sandhills. This document and the material contained herein may not be copied, reproduced or distributed without prior written consent of Sandhills.
0 to 5 Yrs 5 to 10 Yrs 10 to 25 Yrs 25+
About This Report:
Sandhills Equipment Value Index
The Sandhills Global Equipment Value Index (EVI) is a metric that accurately tracks the ways in which asset values within the
commercial trucking, construcon equipment, agricultural equipment and RV markets change over me.
Key Aributes
· Broad market perspecve – The EVI provides a robust view of market trends based on mulple sales points—including
aucon, retail, trade-in, cash, and rental values, as well as asking data—rather than a single price point channel. The EVI
covers United States regions and Canada.
· Granular reporng – The EVI is available for specific individual and combined asset segments and aributes, such as
manufacturer, model, model year, range of model years, age, range of ages, horsepower, and operang weight. The EVI also
considers valid model year equipment acvely in use during a given meframe.
· Powered by FleetEvaluator – The EVI leverages data from FleetEvaluator, Sandhills’ proprietary asset valuaon tool.
Fleet Evaluator’s highly accurate valuaons are derived from over $140 billion annually in cleansed retail and aucon data,
and take into account dozens of market health indicators, regional trends, and other factors.
Terminology
· Aucon data – This includes external aucon results recorded by Sandhills’ data entry teams, as well as internal aucon
results from Sandhills websites.
· Asking data – This includes pricing data from all lisngs on Sandhills websites, with each price corresponding to the
dollar amount the dealer was “asking” for the lisng.
Data Highlights
· Inventory – This is calculated as the sum of units on truckpaper.com at the end of each month.
· Percentage of inventory sold – This data reflects the number of units sold divided by the total available inventory on truckpaper.com.
· Model years – Data reflects used, 1-40 years.
About Sandhills Global
Founded in 1978, Sandhills Global serves the trucking, agriculture, construcon, heavy
machinery, aviaon, and related industries with a diverse range of products and services
from well-established trade publicaons and websites to hosted technology services
customized to meet the evolving needs of our customers. Headquartered in Lincoln,
Nebraska, Sandhills’ facilies include an on-site prinng press, bindery, and state-of-the-art
data center. Sandhills also operates a geographically disparate redundant data center in
Scosdale, Arizona, and supports mulple internaonal publicaons with offices situated
around the world. All Sandhills facilies are backed by decades of experience and
connuous investment in the most cung-edge technologies, making Sandhills a global
leader in the respecve industries it serves.
CONTACT:
Sandhills Global
PO Box 82545
Lincoln, NE 68501-5310
IF YOU WOULD LIKE ANY ADDITIONAL DATA PLEASE
CONTACT:
Mitch Helman
mitch-helman@sandhills.com
Jim Ryan
jim-ryan@sandhills.com
