The used equipment market is shifting, says Andy Campbell, director of insights for TractorZoom. And while it’s not a total recovery, it is becoming more predictable.
According to Campbell, for the most part auction and dealer sold values are fairly strong. He says this is likely due to there being a lower supply and people need to replace equipment they either don’t have or have sold.
Combines are a good example of this, he says.
Currently, the combine market is in a better place than it was a year ago. Campbell says, it’s not dramatically better, but measurably, noting that “For dealer principals and used equipment managers who have been grinding through a difficult inventory correction the last few years, that distinction matters.”
For example, Class 8 combine supply is down 16% year-over-year, and it sits 37% below the peak we saw in August 2024. Campbell says that’s real progress. He adds that the inventory problem that defined 2024 has not gone away, but it has shrunk.
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