![]() Used sleeper trucks tend to produce a historically tighter EVI spread than day cab trucks. US Used Heavy-Duty Trucks and Semi-Trailers EVI Spread by Categoryĭifferent equipment categories in the used truck and trailer market (including heavy-duty day cab trucks, heavy-duty sleeper trucks, dry-van semi-trailers, and reefer semi-trailers) often trend in similar EVI spread directions over time. The EVI spread for used heavy-duty sleeper trucks also vary widely by manufacturer, as displayed in the chart. In May, the EVI spread for heavy-duty sleeper trucks produced in 2020 was 23%, while the EVI spread for heavy-duty sleeper trucks made in 2014, 2013, 2012, or 2011 varies between 68% and 78%. The EVI spread often ranges from 10% to 150% factors like age and brand play a key role in influencing the gap between asking and auction values. US Used Heavy-Duty Sleeper Trucks EVI Spread by Model Year and Manufacturer The rapidly widening EVI spread suggests a downturn in asking values is likely to follow. The Sandhills EVI shows that while auction values for heavy-duty sleeper trucks have already begun to drop, asking values have maintained their upward trend. Historically, auction values react quicker to inventory changes than asking values do. ![]() Used heavy-duty sleeper truck inventory increased for the third consecutive month in May. Widening EVI spread typically occurs when inventory increases or demand decreases. US Used Heavy-Duty Sleeper Trucks EVI and Inventory The latest report examines the effects of rapidly expanding EVI spread, including which model years and equipment types are likely to experience the biggest value changes. Each report includes detailed analysis and charts that help readers visualize the data. Sandhills Market Reports highlight the most significant changes in Sandhills’ used heavy-duty truck, construction equipment, and farm machinery markets. During periods of accelerated EVI spread such as that which occurred in early 2019 and is occurring again now, assessing buying and selling strategies is crucial in order to mitigate risk. The percentage gap between asking and auction values is quantified in Sandhills market reports as EVI spread. Regional EVI data is available for the United States (and key geographic regions within) and Canadaallowing Sandhills to reflect machine values by location. The Sandhills EVI data include equipment available in auction and retail markets, as well as model year equipment actively in use. Buyers and sellers can use the information in the Sandhills EVI to monitor equipment markets and maximize returns on acquisition, liquidation, and related business decisions. The key metric used in all of Sandhills’ market reports is the Sandhills Equipment Value Index (EVI).
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