The March 2026 Sandhills Global Construction Equipment Market Report revealed a market balancing tightening supply with softening prices.
U.S. Used Heavy-Duty Construction Equipment
- Inventory levels in this market, which includes U.S. used crawler excavators, dozers, and wheel loaders, are trending sideways. In March, inventory rose 0.02% M/M, while inventory fell 10.58% Y/Y. The largest changes occurred in the used wheel loader category, down 0.21% M/M and 14.08% Y/Y.
- Asking values decreased 1.5% M/M and 3.15% Y/Y and are trending sideways. Used wheel loaders posted the largest asking value decreases, down 2.65% M/M and 4.06% Y/Y.
- Auction values decreased 0.88% M/M and 0.63% Y/Y in March and are trending sideways. The largest auction value decreases were seen among used crawler excavators, down 1.74% M/M and 2.21% Y/Y.
U.S. Used Medium-Duty Construction Equipment
- Inventory levels of used skid steers, loader backhoes, and mini excavators are trending down and have been trending down for five consecutive months. In March, inventory decreased 3.02% M/M and 14.52% Y/Y. The steepest declines were seen in the used loader backhoe category, with inventory down 4.36% M/M and 27.21% Y/Y.
- Asking values decreased 0.3% M/M and 0.31% Y/Y and are trending sideways. Used mini excavators posted the largest asking value decreases, down 0.99% M/M and 0.86% Y/Y.
- Auction values increased 0.01% M/M and 0.49% Y/Y in March and are trending up. The largest auction value changes were observed in used track skid steers, up 0.95% M/M, and used wheel skid steers, up 1.65% Y/Y.
U.S. Aerial Lifts
- Inventory levels in this market increased 3.43% M/M in March but decreased 0.47% Y/Y and are trending down. Used articulating boom lifts posted the largest inventory increases, up 6.13% M/M and 14.33% Y/Y.
- Asking values decreased 2.52% M/M and 0.59% Y/Y in March and are trending sideways. Used telescopic boom lifts had the largest M/M asking value decrease at 5.06%, while used rough-terrain scissor lifts posted the largest Y/Y increase at 3.26%.
- Auction values decreased 2.69% M/M and 3.7% Y/Y in March and are trending sideways. Used telescopic boom lifts generated the largest auction value declines, down 6.16% M/M and 6.94% Y/Y.
U.S. Used Forklifts
- Inventory levels in this market increased 0.85% M/M in March, increased 22.47% Y/Y, and are trending up. The used cushion-tire forklift category exhibited the largest inventory changes, up 0.91% M/M and 28.36% Y/Y.
- Asking values decreased 1.44% M/M and 2.05% Y/Y in March and are trending down. Used pneumatic-tire forklifts posted the largest M/M asking value decrease at 1.6%, while used cushion-tire forklifts had the largest Y/Y decline at 4.87%.
- Auction values fell 4.16% M/M and 3.24% Y/Y in March and are trending sideways. Used pneumatic-tire forklifts posted the largest auction value decreases, down 4.54% M/M and 4.32% Y/Y.
U.S. Used Telehandlers
- Inventory levels of U.S. used telehandlers increased 4.86% M/M in March but decreased 0.88% Y/Y and are trending down.
- Asking values decreased 3.74% M/M and 3.81% Y/Y in March and are trending sideways.
- Auction values decreased 1.87% M/M and 3.81% Y/Y in March and are also trending sideways.
