Why It Is the Perfect Time for You to Sell Your Used Motor Grader

If you have been thinking about selling your used CAT motor grader, now is the perfect time to do so. Recently, there has been a global increase in the demand for used heavy equipment which has slowly managed to outpace the supply. The boom in the market may be attributed to the aftereffects of the pandemic.

According to the 2022 statistics, the demand for new and used construction equipment is over 10% higher in most countries than it was in previous years. A lot of different factors have resulted in this growth in demand. The construction of new infrastructure for residential and commercial projects naturally fuels the demand for equipment like excavators, bulldozers, and motor graders.

Motor graders, particularly, are extremely in demand machines. Equipment like graders, excavators, backhoes, and bulldozers make up almost 60% of the construction equipment market in a lot of places around the world. Certain models of motor graders such as the CAT 140G and 140H are especially sought after by contractors.

Record High Prices

Since the gap between supply and demand is only increasing, there has been a significant spike in used equipment pricing. Some auctioneers and dealers are even registering a 30% hike in their profits. For used equipment by leading brands like Caterpillar, Komatsu, and Hitachi, buyers are now paying premium prices. It is the perfect time for sellers as there are no signs of a downtrend.

Conclusion

The commission for construction of new infrastructure has resulted in a worldwide increase in the demand for new and used heavy machinery. Due to the increase in demand, an upward trend in equipment prices can be observed, making it the perfect time for people looking to sell their equipment to get a good price. If you are looking to sell a machine such as your 140G motor grader, now is the perfect time for you to sell it and get a good price.