Sandhills September Market Reports for Construction Equipment – US & Canada

U.S. Used Heavy-Duty Construction Equipment

Inventory levels have been rising for months in this market, which includes used crawler excavators, dozers, and wheel loaders in Sandhills’ U.S. marketplaces. Inventory levels were up 0.78% M/M and 21.54% YOY. However, no categories have reached pre-COVID levels yet.
Asking values increased by 0.46% M/M but are trending downward and were 4.35% lower YOY.
Auction values decreased by 0.6% M/M and 9.49% YOY, continuing months of declines. The used excavator and wheel loader categories posted YOY decreases slightly above 10%.

U.S. Used Medium-Duty Construction Equipment

Inventory levels are trending upward in this market, which includes used skid steers, loader backhoes, and mini excavators in Sandhills’ U.S. marketplaces. Inventory was down 1.62% M/M but up 36.26% YOY in September. While all categories showed negligible M/M inventory decreases, track skid steers exhibited the strongest YOY increase at 43.28%, followed by wheel skid steers, up 42.62%.
Asking and auction values have been falling for several months. Asking values were down 0.63% M/M and 6.23% YOY in September.
Auction values decreased by 0.62% M/M and 9.59% YOY. The used skid steer and mini excavator categories each posted a roughly 10% YOY drop in auction values.

See the Reporting below: