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June 2020

Equipment Markets Trending Up at Auction According to Latest Sandhills Global Market Data

LINCOLN, Nebraska — February 11, 2021

New Sandhills Global market data reports show year-over-year auction values for equipment in the agriculture, construction, and heavy-duty trucks markets trending up this January. Traditionally, rising auction values in the Sandhills Used Price Index have been a leading indicator of increased retail asking values in the following months, so equipment sellers should keep a close eye on used equipment values in the near future to get the biggest return possible.

Chart Takeaways

Sandhills market data reports are based on the massive pool of worldwide data derived from Sandhills marketplaces, including the weekly online auction platform and livestreams of on-site auctions from the online bidding platform On the retail side, industry-leading marketplaces like,, and provide vast resources of new and used equipment sale data. Sandhills market data reports provide detailed analysis to help sellers identify assets with changing values. Trends to note include:

U.S. Used Class 8 Trucks

  • Within the auction market, the Sandhills Used Price Index shows a 17.11% increase in YOY values in January.
  • Sleeper cabs are up an astounding 28.81% YOY at auction, an average value ($36,000) that’s up $8,000 from January 2020. Day cab auction values increased 4.12% YOY.

U.S. Used Construction Equipment

  • The auction market for used construction equipment was up 7.59% YOY this January.
  • Loader backhoes led the way with auction values up 7.69% YOY, while skid steer (up 6.36% YOY) and dozer (up 5.04% YOY) values were also strong to begin the new year.

U.S. Used Farm Equipment

  • Auction values for used farm equipment were up 9.48% YOY in January.
  • Tractors rated between 175 and 299 horsepower were a big driver of the upward auction values, rising 8.14% YOY—an average value increase of $8,000. This tractor horsepower category, notably, has seen a continual upward value trend since Q3 2020.

Obtain the Full Report

For more information, or to receive detailed analysis from Sandhills Global, contact us at [email protected].

About the Sandhills Used Price Index

The Sandhills Used Price Index is a principal gauge of the estimated market values of used assets—both currently and over time—across the construction, agricultural, and commercial trucking industries represented by Sandhills Global marketplaces. Powered by FleetEvaluator, Sandhills’ proprietary asset valuation tool, the Used Price Index provides useful insights into the ever-changing supply-and-demand conditions for each industry.