U.S. Used Heavy-Duty Construction Equipment
- Inventory levels of used heavy-duty construction equipment, which includes crawler excavators, dozers, and wheel loaders, were up 0.2% M/M and down 9.06% YOY in August and are trending downward. Used wheel loaders led other categories in M/M inventory level increases, up 0.75%. The used crawler excavator category posted the largest YOY inventory decrease with a 12.42% drop.
- Asking prices in this market were up 0.11% M/M and down 1.99% YOY in August and are trending downward. Used dozers had the largest per-category M/M asking price increase, up 0.57%, while used wheel loaders led other categories in YOY decreases, down 4.1%.
- Auction values continued a 5-month-long sideways trend in August, with increases of 0.16% M/M and
0.91% YOY. Used wheel loaders exhibited the largest M/M auction value increase, up 1.76%. Used crawler excavators showed the largest YOY increase, up 4.25%.