Used equipment: what are the key trends?
By Belinda Smart27 April 2021
The used and re-conditioned machinery market is experiencing solid demand due to factors including Covid-19 and the rise of online auctions. Belinda Smart reports.
When the world’s biggest rental company sounds upbeat about sales of used equipment, it’s worth taking note.
United Rentals, which sells its used fleet through its sales force, brokers, and website, as well as at auctions and directly to manufacturers, describes the market as buoyant.
It seems prices are strong at the moment, which is good or bad, depending on whether you’re selling or buying.
For sellers, high demand bodes well, despite Covid-19, according to Stephen Cook, Senior Manager, Used Equipment, United Rentals; “demand for quality used equipment in 2020 was very healthy in the end-user market...Sign in to continue reading.