Quote:
Originally Posted by tabs
If the Boyz who are buying the equipment were really bullish they would go long (pony up to the table) and buy new equipment. Presumably they are not ponying up to the table to buy new in an effort to hedge their costs...
Since 08 there has been a new cost conscientiousness developing. It is called being cautious.
The price of used is going up as the supply drys up until a relative parity is reached with new then new will be the better value.
|
If is is anything like 20,00 lb to 30,000 lift trucks the answer is no. Lead times on these type of vehicles is over 34 weeks. The used market for these vehicles is very high and expensive,