Used digger equipment prices rise to almost the same as new plant machinery!

Used digger equipment

2022 has been a fantastic year so far for the construction industry. Companies have managed to pull back profits from delayed or cancelled projects due to covid, and they are certainly on the up. With the ongoing issues with suppliers, material shortages and recovering businesses, used digger equipment prices are also at an all time high!

USED DIGGER EQUIPMENT PRICES SOAR!

Used construction equipment for sale can often be snapped up for a fantastic price at most auction sites. However, popular auction sites such as Ritchie Bros and Euro Auctions have witnessed 4 – 5 year old machines being sold for prices very close to the value of new machines.  

If you’re looking to buy a mini digger or even a telehandler, then unfortunately you will be expected to meet soaring price demands for these machines. Although the level of manufactured stock is slowly increasing after the backlog of orders, it seems customers and companies cannot get their hands on used digger equipment quick enough!

It seems as though companies selling plant machinery are in a win-win situation. The majority of stock is being sold on for practically the same price it was purchased for, despite being used and a few years old. Unfortunately, the rest of the sector have to either give in to high prices, or simply go without for now!

BUT WHY?

Aside from the fact that the industry is slowly recovering from a worldwide pandemic, a recession and supplier issues have also been thrown into the mix. Causing catastrophic issues for anyone trying to get their hands on any construction equipment, let alone used construction machinery!

High demand

During the pandemic, all businesses were forced to close. When the construction industry was finally allowed to open again, it created a huge backlog of customers who had ordered machines. Staffing levels were increased as much as possible to try and complete all orders, however Brexit was then taking a toll on the declining number of international employees working.

Supplier issues

As mentioned in a previous blog post, the construction sector has had to face material shortages as well as delays at the ports. Resulting in machines not being transported out of one of the main factories in China!

Budget after the pandemic

As another recession hits, companies want to budget more carefully in order to cut down their spending. Therefore, the initial demand for used digger equipment was low. With the mix of all the other issues, this has now caused everyone to want machines at the same time!

So how can BuyADigger help you?

CONSTRUCTION MACHINERY AVAILABLE AT BUYADIGGER

We know how stressful it can be to manage your plant fleet, and obtain machines for a relatively affordable price. Our team will make expanding your fleet easier, knowing that we can offer competitive prices. For customers looking to purchase multiple machines, they will also benefit from a multi machine discount. 

Excavators for sale

Here at BuyADigger, we have a range of second hand diggers for sale including:

If you’re in the market to buy a Komatsu, then you’ve come to the right place. We believe that the quality of Komatsu diggers are the best choice for our customers. 

Dumpers for sale

Whether you’re looking to buy a dumper for private use or for an upcoming project, we have dumpers ranging from 1 ton to 9 ton. We also stock Thwaites and Terex dumpers.

Telehandlers for sale

We understand that one size telehandler does not fit all. That’s why we can accommodate your needs and stock a range of telehandlers for sale. With the choice of JCB and Manitou, you could be purchasing high quality 6 ton to 18 telehandlers. Check out our machines in stock and get a quote today.

Backhoe Loaders for sale

We guarantee that there will always be plenty of backhoe loaders for sale at BuyADigger. As machines are purchased every 3 – 5 years for our sister companies Diggerland UK and H.E. SERVICES (Plant Hire) Ltd. Both of which also use a great deal of backhoe loaders for their business. Leaving backhoe loaders ready and waiting for new owners!

CONTACT THE SALES TEAM TO GET A QUOTE TODAY

Buying plant machinery shouldn’t be a hard task. Here at BuyADigger, we make the process simple, and affordable. Our sales team can advise you of the best machine for the task at hand, and for the best prices available. Our customers highly recommend us as a used digger equipment seller because we can offer the following benefits:

  • Machines with low hours
  • One previous owner
  • All machinery is in fantastic condition
  • Worldwide delivery available upon request
  • Warranty on all major parts and components
  • Machines come with a manufacturer’s service history

If you’re looking to buy used digger equipment for your plant fleet, contact a member of the team today via email or WhatsApp for a quote. Give us a call on: 01634 779123 to arrange a virtual tour or visit our Head Office to see the machine in person.

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