Equipment World Digital Magazine
Issue link: http://read.dmtmag.com/i/217452
quick data | by Marcia Gruver Doyle MGruver@randallreilly.com Articulated trucks Auctions $ 410,000 OTHER TOP BIDS A snapshot of new and used sales trends from Randall-Reilly's Equipment Data Associates and TopBid auction price service. Top financed new artics* Cat 740B 196 units Top auction price, paid for 2011 Volvo A40F sold on Sept. 20, 2013, by Ritchie Bros. Auctioneers International in Reno, Nevada. $390,000, 2011 Volvo A40F, Ritchie Bros., Aug. 8, in Williston, North Dakota $345,000, 2012 Caterpillar 740B, Ritchie Bros., June 25 in Ralieh-Durham, North Carolina Final Bids 00 $6 0 , 0 ,00 $410 AVERAGE LOW *Oct. 2012-Oct. 2013; prices for articulated trucks 5 years old and newer, U.S. sales only. Only includes bids $5,000 and above. Source: TopBid, topbid.com HIGH unit count: 109* 0 Top financed used artics* 4 4,94 $ 18 Cat 740, 229 units *New and used financed sales, Jan. 1 - Nov. 14, 2013, Source: EDA, edadata.com (Note: EDA reports are continually updated.) Auction prices, 2008-October, 2013 Trend prices for the top 10 models of articulated trucks sold at auction, not seasonally adjusted. What this chart does not show is that newer trucks – selling in numbers that aren't large enough yet to be reflected in the top 10 model listing – are bringing top dollar, says Jennifer Delbridge with TopBid. "The prices are inflated and there aren't that many of them per auction," she comments. 180,000 160,500 Top artic buying states* 120,500 1 2 100,000 80,000 High: Feb. 2008 60,000 $ Texas, 295 units Florida, 172 units 3 140,000 Kentucky, 171 units Top financed artic brands* 165,468 Low: Oct. 2013 2009 2011 2012 New 2,371 units Up 1% Up 11% 2,500 Used high: 2005, 3,768 units 2,000 2,000 1,500 New low: 2010, 1,500 235 units New high 2006, 1,000 4,000 3,000 3,000 2,500 Used New, used artics Year over year growth* 3,500 Used low: 2009, 3,500 Deere, 370 units *YTD through Nov. 14, includes both new and used financed sales (Note: EDA reports are continually updated.) Source: EDA, edadata.com 2013 Artics, 10-year buying patterns* 4,000 Oct. May Jan. Sep. May Jan. Sep. May Jan. Sep. May Jan. 2010 Volvo, 961 units 2012 2008 Sep. May Jan. Sep. Feb. Jan. 0 Caterpillar, 1,346 units 3 67,774 2012 $ 20,000 1 2 40,000 1,000 2,511 units *Financed equipment, 2002-2012. Source: EDA, edadata.com Used 2013 units 2013 2012 2011 2010 2009 2008 2007 2006 Number of units 2005 0 2004 0 2003 500 2002 500 New *Comparison of Jan.-Sept. period, 2012 and 2013, number of units sold EquipmentWorld.com | December 2013 43