Are Used Heavy Machinery Prices Expected to Drop Anytime Soon?

[avamarie1]

Hi folks,

With the current used equipment market and various export limitations, prices for used heavy machinery have gone way up. I have been waiting for quite some time to see a price drop so I can invest in more equipment, but things still seem stuck.

Any guesses — do you think the market value will come down anytime soon, or are these high prices here to stay for a while?

 

[pRinceAndrew]

hi, I've been watching the market too, and it still looks pretty firm , especially with demand staying strong overseas. Maybe some slight dips by early next year if supply picks up, but nothing major yet from what I've seen.

 

[Mr. McTuggart]

I think these high prices are sticking around for a while. The global demand and export limits just aren't letting up. What kind of equipment are you trying to find?

 

[Buildscope]

From what I’ve seen, prices aren’t dropping anytime soon. Demand is still high, and supply is limited because of export rules and used equipment shortages. If you’re planning to buy, it might be better to act now rather than wait for a big price drop.