Sandhills Market Snapshot Shows Dozer Values Trending Up at Auction and Retail, Wheel Loader Values Remain Steady
LINCOLN, Neb., Nov. 24, 2021 /PRNewswire/ -- New market reporting from Sandhills Global examines the used heavy-duty construction market, which in October posted a 17% year-over-year increase in auction values and a 11.4% YOY increase in asking values. The YOY gains are underscored by noteworthy short- and long-term trends in the dozer and wheel loader equipment categories. These trends and more are showcased in Sandhills' Market Snapshot, a tool found within Sandhills TelematicsPlus portal that considers equipment value index positions relative to the short- and long-term moving average.
"Sandhills' Market Snapshot shows crawler dozer asking values are trending up and auction values are confirmed up,"....
Unlike some market analysis methods that examine dozens or hundreds of data points and can thereby produce reporting with skewed results, Sandhills analysis uses tens of thousands of data points to deliver precise reporting. In the construction market alone, Sandhills' reporting considers over three million data points to accurately reflect true market conditions and actual used equipment values. Buyers and sellers can use the information in Sandhills Market Snapshot to monitor equipment markets and maximize returns on acquisition, liquidation, and related business decisions.
Earthmoving Equipment Values Increasing Overall
Used Dozer Values and Inventory Levels
Used Wheel Loader Values and Inventory Levels
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For access to these tools and other fleet analytics metrics, contact Matt Sterup at [email protected].
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About the Sandhills Equipment Value Index
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SOURCE Sandhills Global
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