Canada Sees Lower Prices On Fewer Used Construction Machines

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Sandhills Global’s newest market reports cover February data for used construction equipment on MarketBook.ca and other Sandhills platforms. Canadian inventory levels and values decreased modestly this month, but the year-over-year reductions were more dramatic.

Used crawler dozers headlined the month-to-month inventory declines with a 3.4%M/M loss, while loader backhoes led the year-over-year drops with 22.9% YOY fewer units available.

Auction values in Canada fell by 2.9% M/M for used mini excavators and 6% YOY for track skid steers. Asking values slid 1.8% M/M for loader backhoes and 5.1% YOY for both crawler dozers and wheel loaders.

Watch the video for details on movement in other equipment categories in Canada, including used crawler excavators.

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