Sourcing construction equipment during a busy season can be a pain, but it’s not necessarily going to be from the price tags of used equipment. Despite a rampup during the COVID era, used equipment prices have largely plateaued over the last year, and there are further signs that a slight price dip may even be coming.

“[Used equipment] values are looking pretty stable over the last two years, with some values coming down half a percentage point, and that really signifies to me the stability of the market,” notes Sam Pierce, sales engineer at market sector analyst EquipmentWatch. “We’re seeing that month-over-month as well— it’s been going on for a long time now.”