The global demand for equipment has softened as a result of the unattractive exchange rates, making the prices unachievable for them. But it is great news for the national construction companies in their efforts to keep up with the growing demand.
League City, Texas (PRWEB) June 21, 2015
Representatives with Expert Heavy Equipment announced today that “NOW” is the perfect time to purchase used heavy equipment.
“With construction growth slated to continue to increase nationwide, heavy equipment will be needed to keep up with the demand, particularly used heavy equipment,” said Milissa Wise, Owner and Director of Operations for Expert Heavy Equipment. The company’s announcement could prove to have perfect timing and is backed by industry data.
According to Construction Equipment, construction companies added jobs in 40 states between May 2014 - May 2015, which has translated to thousands of employed workers.
According to a recent study released by the
Equipment Watch, a company that offers the leading database information products for the construction equipment industry and is the world leader in heavy construction research, confirms the resale price trends have weaken.
The United States has been the number one provider of used heavy equipment globally. Within the last 8 months the US dollar has strengthened and as a result the international market has been sourcing elsewhere due to the disadvantaged currency exchange. The foreign buyers have been responsible for setting the higher than normal resale values over the past years due to the global demand. Now that equipment is being sourced from other countries, the resale values are being affected.
“Now is the time for national buyers to get good deals on used construction equipment,” Wise said, before adding, “The global demand for U.S. based equipment has softened as a result of the unattractive exchange rates, making the prices unachievable for them. But it is great news for the national construction companies in their efforts to keep up with the growing demand of new projects.”
And when it comes to getting a good deal, Wise stressed that EHE prides itself in being able to provide its customers with the best deal possible based on real market data.
Wise, whose company receives 95 percent of its business from referrals and loyal repeat customers, pointed out that EHE's number one priority is to provide used heavy equipment at the absolute best pricing to ensure it maintains a high level of customer service and customer loyalty.
“We understand which used equipment is currently in demand,” Wise said. “We have created different segments of suppliers to ensure we can meet those demands. We offer true wholesale pricing on all of our products, and we’re one of the only companies to implement a policy of transparency by providing market data that validates fair market values on equipment and vehicles.”