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Dec 16, 2022, 16:15 ET
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LINCOLN, Neb., Dec. 16, 2022 /PRNewswire/ — Asking and auction values for used high-horsepower tractors (300 HP and greater) have not experienced the broader pullbacks seen across other Sandhills Global equipment marketplaces throughout 2022. New market reports from Sandhills show high-HP tractor asking and auction values reached new all-time highs in November. Used inventory levels for this category remain lower than last year, but high-HP row-crop tractor inventory levels have recovered quicker than articulating variants, suggesting that auction values for row crop high-HP tractors are likely to cool in the near future.
The key metric used in all of Sandhills’ market reports is the Sandhills Equipment Value Index (EVI). 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 Sandhills EVI data include equipment available in auction and retail markets, as well as model year equipment actively in use. Regional EVI data is available for the United States (and key geographic regions within) and Canada, allowing Sandhills to reflect machine values by location.
Takeaways
Sandhills market reports highlight the most significant changes in Sandhills’ used heavy-duty truck, construction equipment, and farm machinery markets. Each report includes detailed analysis and charts that help readers visualize the data. The new farm equipment market reports examine the underlying trends occurring in high-HP tractors, including value and inventory changes in articulating and row crop tractors.
U.S. Used Tractors 300 HP and Greater
U.S. Used 0- to 10-Year-Old Tractors 300 HP and Greater Inventory
U.S. Used 0- to 10-Year-Old Tractors 300 HP and Greater Auction and Asking Values
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For more information, or to receive detailed analysis from Sandhills Global, contact us at [email protected].
About Sandhills Global
Sandhills Global is an information processing company headquartered in Lincoln, Nebraska. Our products and services gather, process, and distribute information in the form of trade publications, websites, and online services that connect buyers and sellers across the construction, agriculture, forestry, oil and gas, heavy equipment, commercial trucking, and aviation industries. Our integrated, industry-specific approach to hosted technologies and services offers solutions that help businesses large and small operate efficiently and grow securely, cost-effectively, and successfully. Sandhills Global—we are the cloud.
About the Sandhills Equipment Value Index
The Sandhills Equipment Value Index (EVI) 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, including AuctionTime.com, TractorHouse.com, MachineryTrader.com, TruckPaper.com, and other industry-specific equipment platforms. Powered by FleetEvaluator, Sandhills’ proprietary asset valuation tool, Sandhills EVI provides useful insights into the ever-changing supply-and-demand conditions for each industry.
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SOURCE Sandhills Global
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