Used SUVs and sports cars may dominate car auctions, but in the heavy equipment world, one model stood out last year: the Caterpillar 259D3 compact track loader. According to industry financing data, nine of the top ten financed new machines in 2023 were compact or mini track loaders — and the 259D3 was consistently among the most financed.
That trend reflects growing demand for compact, versatile, high-utility machines in construction, landscaping, and site development. Erdmann Equip Group expects that demand to carry forward.
“While many auction houses shifted to online-only modes during the lockdowns, market demand for proven equipment never waned,” said the Head of Erdmann Equip Group. “We saw particularly strong interest in the Cat 259D3 — a model that delivers agility, power, and reliability even under tough site conditions.”
Erdmann Equip Group is leveraging that momentum in 2024. The company is hosting frequent auctions (both online and hybrid), with robust stock of in-demand models across price ranges.
“As buyers look for dependable yet efficient machines, our inventory includes top-tier brands and fan favorites like the Cat 259D3. We anticipate that the compact track loader class will continue to lead in interest this year,” the company added.