EquipmentWatch July 2022 Market Report
The July 2022 EquipmentWatch Market Report is now available. While rates have been relatively steady this year, they continue to be high across the board.
Here are some highlights from the report:
- Average FMV for construction equipment has been relatively flat month-over-month, but still much higher than previous years.
- Lift/access usage rates on the resale channel spiked 52.9% over June 2021 levels.
- Average FLV for the agriculture equipment market decreases slightly for the first time this year.
As demand for new equipment continues to outpace supply, the pressure on the resale and auction markets remains intense. As experts weigh conflicting indicators about the economy as a whole, the continued uncertainty will impact pricing trends. EquipmentWatch’s monthly reports keep you in the know so you can navigate all the change.
Download the full report here.