Market
February 28, 2025 · 4 mins · Machine Ranger Team
Late-model 20–30 ton excavators held value through Q1 while high-hour units saw wider spreads at regional auctions.
Used excavator pricing stayed firm in Q1 2025, but the story differs by size class and hour bracket.
Late-model machines with under 5,000 hours continued to trade near ask on dealer lots. Export demand from Gulf and Southeast ports supported floor prices on Cat and Komatsu units.
Units above 8,000 hours saw wider bid-ask spreads at regional auctions, especially where undercarriage photos were incomplete.
Inspection reports, telematics exports, and honest hour-meter photos moved deals faster than price cuts alone.
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