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U.S. Used Tractors 100 Horsepower and Greater • Inventory levels in the used high-HP tractor market decreased 1.26% month over month and 16.71% year over year in June and have been trending down for 13 consecutive months. Used 100-to-174-HP tractors had the largest inventory changes, down 3.82% M/M and 21.98% Y/Y.
U.S. Used Combines • Used combine inventory levels decreased 1.55% M/M and 10.19% Y/Y in June and are trending sideways. • Asking values were down 0.51% M/M and 1.28% Y/Y and are trending sideways. • Auction values decreased 0.51% M/M but increased 0.72% Y/Y and are trending down.
U.S. Used Self-Propelled Forage Harvesters • Inventory levels in this market decreased 2.92% M/M and 4.05% Y/Y in June and are trending sideways. • Asking values decreased 3.53% M/M and 2.65% Y/Y and are trending sideways. • Auction values decreased 3.75% M/M but increased 1.34% Y/Y and are trending up.
U.S. Used Sprayers • Inventory levels of used sprayers fell 4.73% M/M and 21.91% Y/Y in June and have been trending down for seven months in a row. • Asking values decreased 0.74% M/M and 4.65% Y/Y and are trending down. • Auction values increased 1.83% M/M but decreased 2.69% Y/Y and are trending down. • The EVI spread fell from 40% in May to 37% in June, lower than the peak values of 2015.
U.S. Used Planters • Used planter inventory levels increased 8.19% M/M but fell 21.01% Y/Y in June and have been trending down for eight months. • Asking values increased 3.6% M/M and 7.41% Y/Y and are trending up. • Auction values rose 6.86% M/M and 13.32% Y/Y and are trending up. • The EVI spread remained unchanged from May at 49%, which is lower than the peak values observed in 2015.
U.S. Used Compact and Utility Tractors • Inventory levels in this market posted a marginal decrease of 0.25% M/M and fell 27.87% Y/Y in June. Inventory levels have been trending down for eight consecutive months. Used tractors with less than 40 HP had the largest M/M inventory change, up 2.16%, and the largest Y/Y inventory change, down 32.86%.
U.S. Used Heavy-Duty Construction Equipment • Inventory levels in this market increased 2.51% M/M but fell 10.15% Y/Y in June and are trending down. Used wheel loaders had the largest M/M inventory change, up 3.27%, and the largest Y/Y inventory change, down 11.93%. • Asking values decreased 0.78% M/M and 3.49% Y/Y and are trending down. Used wheel loaders had the largest M/M asking value change, down 0.96%.
U.S. Used Medium-Duty Construction Equipment • Inventory levels of used medium-duty construction equipment increased 2.16% M/M but fell 15.25% Y/Y in June and are trending sideways. Used wheeled skid steers had the largest M/M inventory change, up 3.14%, while used loader backhoes had the largest Y/Y inventory change with a 25.19% decrease. • Asking values increased 0.19% M/M but decreased 0.46% Y/Y and are trending sideways. Used mini excavators had the largest M/M asking value change, up 1.05%
U.S. Used Aerial Lifts • Inventory levels in this market increased 5.83% M/M and 0.25% Y/Y in June and are trending sideways. Used slab scissor lifts had the largest M/M inventory change, up 9.92%, while used articulating boom lifts posted the largest Y/Y inventory change with a 12.38% increase. • Asking values decreased 0.95% M/M and 1.68% Y/Y and are trending down. Used articulating boom lifts had the largest M/M asking value change, down 3.67%
U.S. Used Forklifts • Inventory levels in this market increased 5.23% M/M and 16.06% Y/Y in June and are trending up. Used pneumatic-tire forklifts had the largest M/M inventory change, up 6.26%, while used cushion-tire forklifts posted the largest Y/Y inventory change with a 22.65% increase. • Asking values decreased 1.99% M/M and 4.94% Y/Y and are trending down. Used cushion-tire forklifts had the largest asking value changes, down 3.88% M/M and 11.35% Y/Y.
U.S. Used Telehandlers • Inventory levels of U.S. used telehandlers increased 2.03% M/M but decreased 0.52% Y/Y in June and are trending sideways. • Asking values decreased 2.35% M/M and 4.03% Y/Y and are trending down. • Auction values decreased 4.27% M/M and 5.68% Y/Y and are trending down.
U.S. Used Heavy-Duty Trucks • Inventory levels in this market decreased 6.81% M/M and 31.61% Y/Y in June and have been trending down for seven months. Used sleeper trucks had the largest inventory changes, down 10.16% M/M and 33.62% Y/Y. • Asking values decreased 1.05% M/M and 1.3% Y/Y and are trending down. Used sleeper trucks had the largest M/M asking value change, down 1.78%, while used day cab trucks had the largest Y/Y asking value change with a 2.39% decrease.
U.S. Used Semi-Trailers • Inventory levels of used semi-trailers fell 4.03% M/M and 29.28% Y/Y in June and have been trending down for 11 consecutive months. Used drop-deck trailers had the largest M/M inventory change, down 8.46%, while used dry van trailers had the largest Y/Y inventory change with a 31.72% decrease. • Asking values posted a marginal increase of 0.09% M/M and rose 3.08% Y/Y and are trending sideways. Used drop-deck trailers had the largest M/M asking value change, up 1.55%
