EquipmentWatch February 2023 Market Report

EquipmentWatch February 2023 Market Report

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The February 2023 EquipmentWatch Market Report is available now. Like the broader economy, the heavy equipment market is showing signs of optimism and uncertainty

Some notable highlights from this month’s report:

  • Average FMV for Construction equipment dropped 4.2% month-over-month, which was the largest decline seen in 2022.
  • Lift/Access resale and auction activity continued to be high, outpacing December 2021 by 55.6% and 161.3% respectively.
  • For the second month in a row, 2022 and 2021 were the most prevalent model years on the Agriculture resale channel.

As you plan to navigate the unknowns ahead, our monthly reports keep you updated on the latest equipment market trends.

Download the full report for new data on sales activity, pricing and more.