Used Telehandler Market Sees Inventory Declines, Value Decreases In December
The new Sandhills Global market report covering December data for used telehandlers on LiftsToday.com and other Sandhills platforms shows inventory levels trending sideways and auction values maintaining their 8-month-long downward trend.
Used telehandler inventory levels dropped 4.03% month over month in December but were up 11.44% year over year. Asking prices fell M/M, although they were up just slightly for the year. Auction values continued an eight-month downward trend, decreasing 1.5% M/M and 3.16% YOY.
“Customers who maintain well-priced units continue to see those units sell quickly,” says Sales Manager Matt Sterup.
Watch our video to learn how used telehandlers are leading inventory level and asking and auction value trends in the lift market.
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