Auction Values Trending Up For Medium-Duty Used Construction Equipment
The new Sandhills Global market report covering May data for used medium-duty construction equipment on MachineryTrader.com and other Sandhills platforms shows auction values trending up despite decreases of 0.81% month over month and 0.82% year over year. The used loader backhoe category showed the largest M/M auction value decrease at 1.8%, while the used track skid steer category exhibited the largest YOY asking value decrease at 4.69%.
Watch our market report video for details about the downward trend in inventory levels and the sideways trend in asking prices in this market.
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