Eliftruck.com Forklift Market Report - August 2025

U.S. Used Forklift Market Overview

The U.S. market for used pneumatic and cushion tire forklifts showed steady activity in August, with total listings valued at $118 million. While overall volume dipped slightly from July, core manufacturers maintained strong visibility.

Top Manufacturer Listings

Manufacturer	August	July
Hyster	$25.0M	$25.2M
Toyota	$19.6M	$20.4M
Caterpillar	$14.3M	$14.4M
Yale	$8.2M	$8.3M
Hyundai	$7.5M	$8.0M
Total	$74.6M	$76.3M

Regional Market Activity

Used forklift inventory and pricing trends varied across regions. The North Central and South Central areas led in total listing value.

Region	Inventory	Asking EVI	Auction EVI	M/M Change
North Central	2,329	$23K	$9K	-1.2%
North East	561	$21K	$9K	-2.0%
South Central	932	$23K	$9K	-5.2%
South East	721	$21K	$9K	-5.5%
West	630	$23K	$10K	-15.4%
Total	5,173	$22K Avg	$9K Avg	-5.0%

Inventory Trends by Tire Type

Cushion and pneumatic tire forklifts continue to show divergent inventory patterns. Pneumatic models dominate in volume, while cushion tire units show more volatility in pricing.

Inventory Growth (Y/Y):

Pneumatic Tire: ↑ steady
Cushion Tire: ↑ variable

Equipment Value Index (EVI) Insights

Eliftruck's EVI tracks pricing trends across auction and retail channels. August data shows a continued gap between asking and auction values, with auction prices averaging 42.3% of asking.

Asking vs Auction EVI (2016-2026)

Asking EVI: ~$22K
Auction EVI: ~$9K
Y/Y Variance: -6.1%

EVI Breakdown by Age Group

Age Group	Asking EVI Y/Y Change	Auction EVI Y/Y Change
0-5 Years	-1.4%	-2.52%
5-10 Years	-2.7%	+4.87%
10-25 Years	-10.0%	-6.31%

EVI Breakdown by Capacity

Capacity Range	Asking EVI Y/Y Change	Auction EVI Y/Y Change
< 5,600 lbs	-0.3%	-4.32%
5,600-13,300 lbs	-2.6%	-6.00%
> 13,300 lbs	-4.1%	-10.00%

Inventory by Age Group

Age Group		Inventory Y/Y Change
0-5 Years		+36.9%
5-10 Years		+25.5%
10-25 Years		+6.3%

Inventory by Capacity Group

Capacity Range		Inventory Y/Y Change
< 5,600 lbs		+47.7%
5,600-13,300 lbs		+33.1%
> 13,300 lbs		+16.2%

Pneumatic Tire Forklifts

Asking EVI: ~$27K
Auction EVI: ~$12K
Auction/Asking Ratio: ~44%
Inventory Y/Y Change: +31.5% (0-5 yrs)

Cushion Tire Forklifts

Asking EVI: ~$18K
Auction EVI: ~$7K
Auction/Asking Ratio: ~39.8%
Inventory Y/Y Change: +42.4% (0-5 yrs)

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