Used equipment: what are the key trends?

Belinda Smart

27 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.

Log in to continue reading

Log in for free access to this article and more, including:

  • Industry news and expert insight
  • Digital magazines and reports
  • Newsletters covering the topics that matter to you

    • If you haven’t completed your free registration yet, we’ll ask you for a few details before returning you to the article.

    Login
    STAY CONNECTED



    Access Briefing

    Receive the information you need when you need it through our world-leading magazines, newsletters and daily briefings.

    Sign up

    CONNECT WITH THE TEAM
    Euan Youdale Editor Tel: +44 (0)1892 786 214 E-mail: [email protected]
    Pete Balistrieri Brand Manager - ALH & SA Tel: +1 414 940 9897 E-mail: [email protected]
    Ollie Hodges Vice President, Sales - ALH & SA Tel: +44 (0)1892 786253 E-mail: [email protected]
    CONNECT WITH SOCIAL MEDIA