If you’re thinking of selling a Cat motor grader, now is the perfect time.
In South Africa and worldwide, there’s a boom in the market for used construction equipment. Demand is outpacing supply.
Below we cover…
- recent growth in demand for used and reconditioned equipment
- the upward trend in equipment prices, in keeping with a boom in the market
- reasons to sell a grader to KH Plant, rather than on the open market.
Booming demand for used construction equipment
In 2022, the annual growth in demand for new and used heavy construction equipment in South Africa is pegged at 9%, the fastest in Africa.
The increased expansion of infrastructure, exploitation of natural resources, and residential and commercial construction projects are fuelling demand for excavators, rammers, backhoes, bulldozers and motor graders.
Basic construction equipment accounts for more than 60% of the construction and equipment market in Africa. South Africa leads the pack in terms of market size.
Rising demand for quality machinery and equipment has led to an appreciable increase in sales of used and refurbished machines.
Later-model Caterpillar graders and rough-terrain cranes are particularly sought after.
Record prices paid for used heavy machinery by key brands
The widening gap between supply and demand has led to a significant spike in pricing. OEMs, auctioneers and dealers are registering as much as a 30% hike in profits.
Premium prices are being paid for used machines and equipment manufactured by leading brands, including Caterpillar, Komatsu, Liebherr and Hitachi.
The construction sector in Africa is expected to experience rapid growth over the next five to six years.
Demand for used and refurbished mining, construction and earth-moving equipment will likely continue apace. Sellers can anticipate record high prices, with no sign of a downtrend.
Why consider selling a Cat motor grader to KH Plant?
KH Plant is a well-established company that specialises in rebuilding Cat 140G, 140H and 140K motor graders.
Some reasons to consider selling a Cat motor grader to KH Plant:
- no delays or uncertainty while waiting to hear from a potential buyer
- no risk of default, or non-payment, by someone who responds to an ad
- no security issues (unlike advertising direct to the public and having to meet up with strangers who claim to be interested buyers)
- a competitive price offer, from a company that knows and values Cat graders.
KH Plant buys, reconditions and sells Caterpillar 140G, 140H and 140K motor graders, in South Africa and across the continent. Contact us for more information about selling a Cat motor grader or to discuss your grader needs.
