August Sandhills Market Reports for Construction Equipment

U.S. Used Heavy-Duty Construction Equipment

Used heavy-duty construction equipment inventory—including crawler excavators, dozers, and wheel loaders—has been accumulating on dealers’ lots for months. This continued in August with increases of 2.48% M/M and 20.86% YOY. Wheel loaders posted the highest inventory gains, increasing 3.22% M/M and 31.65% YOY.
Conversely, asking values decreased 1.26% M/M and 5.59% YOY and are trending downward.
Auction values fell 1.64% M/M and 10.36% YOY as they continued to outpace asking value decreases, maintaining a value gap in this market.

U.S. Used Medium-Duty Construction Equipment

Used construction equipment in the medium-duty category, which includes skid steers, loader backhoes, and mini excavators, have seen months of inventory growth. August inventory levels were up 3.01% M/M and 42.68% YOY. Looking at specific categories within this market, used track skid steers showed the largest YOY inventory growth with a 53.61% increase and rose 1.9% M/M. Notably, used loader backhoe inventory levels rose 9.82% M/M and 19.79% YOY.
Both asking and auction values, however, continue to fall. Asking values decreased 0.68% M/M and 7.07% YOY in August.
Auction values fell 0.96% M/M and 10.7% YOY.