According to Sandhills Global’s Dec. 4 market report, used equipment sales are on the rise. TractorHouse Manager Ryan Dolezal explains, “With the end of the year approaching, sales are starting to tick up, leading to some optimism for the end of the year. However, sales are slower compared to past years, so it’s still vital to price competitively.”

Inventory levels for U.S. used tractors with 100-plus horsepower continued a 7-month-long downward trend in November, with decreases of 3.4% month-over-month and 14.6% year-over-year. Tractors over 300 horsepower saw the most significant month-over-month inventory level drop at down 3.8%, while 100-174 horsepower tractors saw the steepest annual decline with a 22.1% drop. 

Asking prices decreased by 1.3% month-over-month and 5.5% year-over-year, continuing a trend for the 10th consecutive month. The largest changes occurred in the used 175-299 horsepower tractor category, with asking values down 2.8% month-over-month and 5.3% year-over-year.

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