Used Forklift Inventory Rises For 8th Month In A Row In September

The new Sandhills Global market report covering September data for used lift equipment on LiftsToday.com and other Sandhills platforms shows used forklift inventory levels continuing a long upward trend while asking and auction values have seen slight declines.

In September, used forklifts displayed sharp inventory increases of 4.95% month-over-month and 28.92% year-over-year, along with auction value decreases of 2.87% M/M and 4.79% YOY. Used pneumatic-tire forklifts were a driving force behind both trends.

According to Matt Sterup, “Even with a sustained 8-month increase in used forklift inventory, asking values have shown little movement,” says Sales Manager Matt Sterup. Watch our video to learn about changes in the slab scissor lift, rough terrain scissor lift, telescopic boom lift, and telehandler segments as well.

Get The Full Market Report

Subscribe today to get Sandhills’ monthly market reports for free. Go to AuctionValues.com to track the latest industrywide auction results for heavy machinery, agricultural equipment, trailers, trucks, livestock, RVs, and more.

Visit the Sandhills News page to read more about the latest market reports covering the construction equipment, farm machinery, transportation, and aviation markets.