Get FinancingBuyers & Sellers Watching Used Lift Market As Inventory Levels Rise & Asking Prices Trend Downward
The new Sandhills Global market report covering March data for used lift equipment on LiftsToday.com and other Sandhills platforms shows inventory levels continuing an upward trend. Inventory levels rose 3.52% month over month and 17.87% year over year in March. The largest inventory increases occurred in the used telehandler category, up 5.16% M/M, and the used cushion tire forklift category, up 36.33% YOY.
Asking prices and auction values decreased M/M and YOY in March. Asking prices are trending downward while auction values are trending sideways. Watch our market report video to learn how the used telehandler, cushion tire forklift, and rough terrain scissor lift categories are driving changes in the market.
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