Sandhills Market Reports for Construction Equipment

Market Reports containing after-sale data from October 2024

U.S. Used Heavy-Duty Construction Equipment

Inventory levels have been trending up for nine months in a row in this market, which includes crawler excavators, dozers, and wheel loaders in Sandhills’ U.S. marketplaces. Inventory levels dipped 1.85% lower M/M but were 19.26% higher than year-ago levels in October. These increases were primarily driven by the wheel loader category, with inventory up 35.85% YOY.
Asking values have been trending down for seven months. This continued in October with decreases of 2.36% M/M and 5.82% YOY. Crawler excavator asking values decreased the most YOY with an 8.62% drop.
Auction values have been falling faster than asking values. Continuing a seven-month-long downward trend, auction values fell 2.15% M/M and 10.29% YOY in October. Again, crawler excavators led these decreases, with auction values dropping 13.68% YOY.