Used heavy-duty truck inventory on Sandhills Global platforms dropped 8.22% month over month and 36.03% year over year in July, extending an eight-month decline and moving closer to COVID-era levels, the company said in a new market report. Truck Paper Sales Manager Scott Lubischer said OEM order boards are nearly full and used inventory continues to leave retail markets, which he described as supportive for stronger retail values through the rest of the year and into 2027. The release also showed broad inventory declines across used medium-duty trucks, semi-trailers, several farm equipment categories, and parts of the construction equipment market, while pricing trends were mixed between asking values and auction values. Sandhills said its Equipment Value Index, or EVI (index tracking used asset values), is the main measure in the reports, using retail, auction, and in-use model-year data to gauge market conditions, while the EVI spread measures the percentage gap between asking and auction values.