Equipment World

February 2014

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February 2014 | EquipmentWorld.com 77 quick data | by Marcia Gruver Doyle MGruver@randallreilly.com Auctions A snapshot of new and used sales trends from Randall-Reilly's Equipment Data Associates and TopBid auction price service. Excavators 25,000 22,500 20,000 17,500 15,000 12,500 10,000 7,500 5,000 0 Excavators, 10-year buying patterns* 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 Number of units New high 2006, 16,576 units New low: 2010, 2,455 units New Used Auction prices, 2009-2013 Trend prices for the top 10 models of full-size excavators sold at auction, not seasonally adjusted. 110,000 100,000 90,000 80,000 70,000 60,000 50,000 40,000 30,000 0 Jan. Mar. May Jul. Sep. Oct. Jan. Mar. May Jul. Sep. Nov. Jan. Mar. May Aug. Sep. Nov. Jan. Mar. May Jul. Sep. Nov. Jan. Mar. May Jul. Sep. Dec. 2009 2010 2011 2012 2013 Low: Oct. 2009 $ 73,492 High: Aug. 2011 $ 102,848 Recent: Dec. 2013 $ 86,534 Final Bids unit count: 284* $ 525,000 Top auction price, paid for 2011 Cat 374D L sold on Oct. 23, by Ritchie Bros. Auctioneers International in Chehalis, Washington. $470,000, 2009 374D L, Ritchie Bros., Oct. 3, in Chicago, Illinois. $312,500, 2012 John Deere 470G LC, Ritchie Bros., Nov. 20 in Houston, Texas. HIGH $ 525,000 LOW $ 37,500 AVERAGE $ 139,216 OTHER TOP BIDS *Jan.-Dec. 2013; prices for full-size excavators 5 years old and newer, U.S. sales only. Only includes bids $5,000 and above. Source: TopBid, topbid.com Used high: 2005, 20,354 units Used low: 2009, 14,344 units *Financed equipment, 2004-2013. Source: EDA, edadata.com Cat 336E L, 652 units Cat 320D L, 285 units *Jan.1 - Nov. 30, 2013, includes both new and used fi nanced sales (Note: EDA reports are con- tinually updated.) Source: EDA, edadata.com Wisconsin water sewer pipeline contractor, 126 units total, all new, mix of Cat and Deere 36- to 50-metric-ton units. Another Wisconsin water sewer pipeline contractor, 121 units total, mix of new and used, Cat, Deere and Komatsu 13- to 50-metric-ton units. Texas utility contractor, 69 units total, mix of new and used, Cat, Komatsu and Volvo 20- to 40-metric-ton units. 1 2 3 Caterpillar, 6,342 units, 34.3% of total market Komatsu, 3,590 units, 19.4% of total market Deere, 3,205 units, 17.4% of total market 1 2 3 Top three buyers of excavators, YTD * Top fi nanced excavator brands * Caterpillar remained the dominant player in the full-size excavator market for fi nanced new and used units. Looking at just new units, market shares for the top three brands were slightly higher, with Cat at 34.8%, Komatsu at 21.6% and Deere at 19.1%. Top fi nanced new excavator* Top fi nanced used excavator* *Jan. 1-Nov. 30, 2013, Source: EDA, edadata.com (Note: EDA reports are continually updated.) New New, used excavators year-over-year unit growth* Up 7% USED Up 23% NEW *Comparison of Jan. 1 - Nov. 30 period, 2012 and 2013, number of units sold. Source: EDA, edadata.com

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