Used Heavy-Duty Construction Equipment Inventory Levels Rising, Values Showing Mixed Trends

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The new Sandhills Global market report covering May data for used heavy-duty construction equipment on MarketBook.ca and other Sandhills platforms shows inventory levels trending upward and mixed value trends.

Inventory levels rose 0.67% month over month and 8.13% year over year in May. The used wheel loader category showed the largest increases, with inventory up 4.3% M/M and 14.6% YOY. Asking prices were on a sideways trend in May while auction values were trending up, led by increases in the used crawler excavator category.

Watch out market report video to learn more about current inventory, asking value, and auction value trends in used Canadian heavy machinery on Sandhills platforms.

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