At EZ Equipment Rental, we keep a close eye on the aerial lift market to help contractors, businesses, and equipment buyers make informed decisions. August’s data shows important shifts in both inventory and values for used aerial lifts, including boom lifts and scissor lifts.
Inventory Growth in Used Aerial Lifts
Used aerial lift inventory levels continued to rise in August, climbing 1.76% month-over-month (M/M) and 4.19% year-over-year (YOY). Among categories:
- Articulating boom lifts saw the strongest M/M growth at 4.23%, making them a top choice for buyers.
- Rough terrain scissor lifts led YOY inventory gains with a sharp 28.38% increase, signaling higher availability for construction projects.
This growth means more options for customers seeking affordable and reliable equipment from trusted providers like EZ Equipment Rental.
Asking Values Continue to Trend Down
Asking prices for used aerial lifts rose slightly in August, up 0.26% M/M, but remain down 6.73% YOY. This marks the sixth straight month of price declines, offering potential value opportunities for buyers.
- Rough terrain scissor lifts experienced the steepest price drops: 3.63% M/M and 13.98% YOY.
For contractors and businesses, this downward trend can mean better deals on equipment while inventory levels are rising.
Auction Values Move Sideways
Auction activity showed mixed results in August:
- Overall auction values increased 0.58% M/M but fell 4.9% YOY.
- Slab scissor lifts stood out with auction price gains of 4.57% M/M and 11.77% YOY.
This sideways trend highlights opportunities for buyers looking to secure cost-effective equipment through auctions while demand stabilizes.
What This Means for Contractors and Buyers
The aerial lift market is shifting, with inventories rising and asking values softening across many categories. Whether you need boom lifts, scissor lifts, or specialized material handling equipment, EZ Equipment Rental ensures access to quality, well-maintained equipment backed by expert service.
By staying ahead of these trends, contractors and businesses can make smart rental or purchase decisions—saving money while getting the right lift for the job.