Inventory Levels Trending Up For Used Lift Equipment

The new Sandhills Global market report covering May data for used lift equipment on LiftsToday.com and other Sandhills platforms shows inventory levels trending upward. There was a slight inventory decrease of 0.52% month over month in May, but inventory levels were 14.3% higher year over year. The used pneumatic-tire forklift category exhibited the largest M/M inventory increase at 8.1%, while the used rough terrain scissor lift category showed the most significant YOY inventory growth at 31.89%.

Asking prices are trending downward in the used lift market while auction values are trending sideways. Watch our market report video to learn more about value trends and the lift categories exerting the most influence on those market changes.

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