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Used Equipment Pricing & Inventory Mixed, But Still Under Pressure

Auction pricing trends for used equipment continued to face pressure in July given tough comps due to an overall tight equipment market last year related to supply chain challenges, according to Stifel’s September Used Equipment Update. However, Brian Brophy, associate vice president of Stifel, notes asking prices for used equipment are more mixed as some categories continue to see pricing growth and others have started to follow auction pricing declines.

According to Mark Stock, co-founder…

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