Used Equipment Markets See Rising Inventories and Falling Values Amid Imbalanced Supply and Demand
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Used equipment markets faced continued inventory increases and value decreases in December across construction, farm, truck, and trailer categories.
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Heavy-duty truck, semitrailer, and medium-duty truck markets saw inventory oversupply and softening demand drive asking and auction values down.
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Farm equipment markets showed rising inventory levels, especially in combines and high-horsepower tractors, along with falling asking and auction values.
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Construction equipment categories mostly saw inventory increases while values decreased, indicating imbalanced supply and demand dynamics.
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The trends highlight ongoing struggles for equipment sellers and the need to adapt pricing and sales strategies.