Used Lift Inventory Growth Continues

The newest Sandhills Global market reports for U.S. used lifts on LiftsToday.com and other Sandhills platforms show inventory levels remaining on an upward trend. The reports, which cover April data for used forklifts, boom lifts, scissor lifts, and telehandlers, indicate inventory increased by 1.65% month over month and 16.19% year over year that month. 

The used cushion tire forklift category showed the largest monthly increase, with inventory up 4.82%, while the used rough terrain scissor lift category exhibited the most significant YOY growth, with inventory 34.1% higher than year-ago levels.

Asking prices continued a downward trend in April while auction value remained stable. Watch our video to learn more about inventory, asking value, and auction value trends for used lifts, and how certain forklift categories are driving changes in the market.

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