Executive Summary
The past 30 days delivered significant price volatility across major heavy equipment categories. Browse Cranes saw the most dramatic movement, with Grove guarantee prices surging 64.6% from $10,772 to $17,732. On the opposite end, Browse Trucks and trailers experienced steep corrections. Western Star guarantee prices collapsed 50.0%, falling from $69,335 to $34,654. Freightliner dropped 14.1% on guarantees and 12.6% on listings. International and Mack also posted double-digit guarantee declines of 13.7% and 11.2% respectively.
Volvo and Chevrolet emerged as surprise gainers in their segments. Volvo guarantee prices jumped 34.8% from $25,093 to $33,814, while Chevrolet climbed 38.0% from $10,067 to $13,893. These movements reflect uneven demand patterns across equipment types, with earth-moving and lifting equipment firming while highway truck supply outpaces buyer interest.
Category-by-Category Breakdown
Major Gainers
Grove leads all categories with guarantee prices up 64.6% ($10,772 to $17,732) and listing prices up 65.4% ($15,762 to $26,078). Valuations expanded from 28 to 39 units, signaling strong liquidity in the crane market.
Chevrolet guarantee prices rose 38.0% ($10,067 to $13,893) with listings up 30.1% ($13,984 to $18,197).
Volvo guarantee prices gained 34.8% ($25,093 to $33,814) and listings rose 32.3% ($32,986 to $43,630), though unit volume declined from 245 to 203 valuations.
Isuzu posted parallel 28.7% gains on both guarantees ($13,392 to $17,229) and listings ($19,876 to $25,582).
Hitachi guarantee prices increased 12.9% ($39,173 to $44,231) with listings climbing 18.0% ($50,749 to $59,897).
Kubota guarantee prices rose 13.9% ($24,995 to $28,481) and listings gained 9.2% ($32,219 to $35,177), with valuations growing from 47 to 58 units.
Sterling guarantee prices increased 8.5% ($14,532 to $15,764) and listings surged 14.8% ($20,056 to $23,024).
Doosan guarantee prices advanced 7.7% ($43,174 to $46,519) with listings up 12.9% ($56,018 to $63,238).
JCB guarantee prices gained 10.2% ($19,805 to $21,822) and listings rose 15.3% ($26,541 to $30,614).
Bomag posted matching 10.9% and 10.6% gains on guarantees ($10,659 to $11,817) and listings ($13,597 to $15,043).
Major Decliners
Western Star guarantee prices fell 50.0% from $69,335 to $34,654, with listings down 49.5% from $86,149 to $43,490.
Fruehauf guarantee prices dropped 43.7% ($7,948 to $4,472) and listings fell 32.0% ($9,573 to $6,508).
Terex guarantee prices declined 22.4% ($35,135 to $27,267) with listings down 22.1% ($44,849 to $34,929).
JLG guarantee prices fell 25.7% ($25,553 to $18,993) and listings dropped 20.0% ($33,894 to $27,132), though valuations doubled from 14 to 30 units.
Link-Belt guarantee prices decreased 27.6% ($71,359 to $51,647) with listings down 21.7% ($95,191 to $74,540).
Wacker Neuson guarantee prices fell 27.4% ($23,535 to $17,076) and listings declined 26.1% ($29,421 to $21,734).
Freightliner guarantee prices dropped 14.1% ($24,011 to $20,627) with listings down 12.6% ($33,842 to $29,577). Valuations contracted from 337 to 296 units.
International guarantee prices fell 13.7% ($16,783 to $14,489) and listings declined 12.5% ($23,212 to $20,311).
GMC guarantee prices decreased 16.6% ($8,463 to $7,057) with listings down 12.9% ($11,992 to $10,446).
Mack guarantee prices dropped 11.2% ($32,373 to $28,746) and listings fell 9.4% ($41,677 to $37,741).
Komatsu guarantee prices declined 11.0% ($41,341 to $36,791) with listings down 9.7% ($53,980 to $48,717).
John Deere guarantee prices fell 7.0% ($49,470 to $45,987) and listings decreased 5.6% ($63,440 to $59,918), despite valuation volume rising from 395 to 447 units.
What's Driving These Changes
Seasonal Demand Shifts
The 30-day window captures late-season construction activity in northern markets and sustained infrastructure spending in southern and western regions. Crane and lifting equipment—Grove, JLG, Genie—typically sees Q3-Q4 demand as projects rush to complete before winter weather constraints. Grove's 64.6% price surge reflects tight supply in the telescopic boom crane segment, with rental fleets aging and replacement cycles accelerating.
Truck Market Oversupply
The simultaneous decline across Western Star, Freightliner, International, Mack, and GMC indicates a structural truck market correction. Used Class 8 truck inventories built through 2023-2024 as new truck production normalized after supply chain disruptions. Fleet operators now face excess capacity, depressing resale values. Freightliner's 14.1% guarantee decline and International's 13.7% drop signal buyer selectivity—fleets prioritize low-mileage, late-model units and bypass average-condition inventory.
Earth-Moving Equipment Resilience
Browse Excavators and related categories show mixed but generally firmer pricing. Volvo's 34.8% guarantee jump reflects strong demand for its EC-series compact excavators and wheel loaders in urban construction and utility markets. Hitachi's 12.9% gain aligns with infrastructure project awards in the Southeast and Texas. Komatsu's 11.0% decline, conversely, suggests temporary supply concentration as dealer fleets clear 2023 model-year inventory.
Regional Construction Cycles
Chevrolet's 38.0% guarantee increase and Isuzu's 28.7% parallel gain point to light and medium-duty truck demand in last-mile delivery and urban service fleets. These segments remain insulated from Class 8 overcapacity. Kubota's 13.9% rise reflects continued strength in agricultural and rural construction markets, where compact equipment demand stays robust.
Actionable Advice for Buyers
Immediate Opportunities
Highway Trucks: The truck market correction creates buying opportunities for cash-ready fleet managers. Freightliner guarantees at $20,627 (down from $24,011) and International at $14,489 (down from $16,783) represent 12-14% discounts to recent pricing. Browse Trucks now if your replacement cycle aligns with 2025 needs. Mack guarantees at $28,746 and Western Star at $34,654 offer premium brands at distressed levels—verify maintenance records and remaining warranty coverage.
Trailers: Fruehauf guarantees collapsed 43.7% to $4,472. While this reflects potential quality and age concentration in the dataset, it signals trailer market softness. Utility trailers declined 5.6% to $7,966 guarantees. Browse Trailers for fleet expansion or replacement needs.
Compaction and Paving: Bomag guarantees rose 10.9% to $11,817, but Dynapac fell 11.2% to $11,609. Compare specifications and hours carefully—similar guarantee levels may indicate divergent equipment condition or age profiles.
Categories to Monitor
JLG guarantee prices fell 25.7% to $18,993 despite valuation volume doubling. This divergence suggests incoming lower-spec inventory pressuring averages, not fundamental demand weakness. Browse Lifts for potential deals on 2018-2020 boom lifts with reasonable hours.
Actionable Advice for Sellers
List Immediately
Cranes and Lifting Equipment: Grove's 64.6% guarantee surge and 65.4% listing gain create optimal selling conditions. Current listing prices at $26,078 far exceed prior-period guarantees. If you hold Grove, Genie, or JCB equipment, list now to capture peak demand. JCB listings hit $30,614, up 15.3%.
Compact Equipment: Kubota guarantees at $28,481 (up 13.9%) and Volvo at $33,814 (up 34.8%) favor sellers. Komatsu's declining prices suggest listing sooner rather than later—guarantees fell 11.0% to $36,791.
Specialized Equipment: Metso guarantees jumped 19.9% to $120,456 with listings at $164,588. Custom Built equipment surged 19.4% on guarantees to $5,692. These niche categories show pricing power—capitalize before Q1 seasonal slowdown.
Hold or Defer
Class 8 Trucks: If your Freightliner, International, or Mack units are not immediately needed for trade-in, consider holding 60-90 days. Current guarantee levels—Freightliner at $20,627, Mack at $28,746—may represent near-term floors. However, if inventory must clear before year-end, price aggressively against competing listings.
30-Day Outlook
The equipment market enters a bifurcated phase. Crane, lift, and compact earth-moving categories maintain seller-favorable conditions through year-end infrastructure spending deadlines. Highway truck and trailer markets face continued pressure as fleet right-sizing extends into Q1 2025.
Expect volatility in mid-size excavators and wheel loaders as dealer year-end inventory targets clash with contractor tax-positioning buying. Volvo and Hitachi pricing strength may moderate if incoming supply increases. Conversely, Western Star and Freightliner declines could stabilize if freight rates improve and carrier bankruptcy filings slow.
Fleet managers should lock in truck purchases before December 31 for Section 179 depreciation benefits, using the current buyer's market to negotiate. Sellers with Grove, JCB, or specialized Metso equipment should list immediately—this pricing window may close with seasonal demand shifts.
Monitor valuation counts as a leading indicator. John Deere's 447 current-period valuations (up from 395) suggest rising supply that could pressure the 7.0% guarantee decline further. Peterbilt's expansion from 278 to 364 valuations, paired with 5.4% guarantee gains, indicates healthy demand absorption.
Browse All Equipment to compare real-time listings against these guarantee benchmarks and time your market entry.