Create a free Equipment World account to continue reading

Auction Prices Declining for Construction Equipment and Trucks

With more new construction equipment and truck inventory available on dealer lots, auction prices for used units are trending downward, according to the latest Sandhills Global market report.

Pandemic-related shortages drove late-model prices up in 2021 and 2022, but the market is rebalancing as factories have since ramped up production.

Sandhills monitors used truck, semitrailer, farm machinery and construction equipment markets. Buyers and sellers can use the data tracked in its Equipment Value Index (EVI) to make acquisition, liquidation and related business decisions.

Below are the most significant changes Sandhills saw in its latest construction equipment, truck and aerial lift market reports:

U.S. Used Heavy-Duty Construction Equipment

Sandhills EVI US Used Heavy Duty Construction MarketSandhills

U.S. Used Medium-Duty Construction Equipment