Equipment World Digital Magazine
Issue link: http://read.dmtmag.com/i/489028
Auctions A snapshot of new and used sales trends from Randall-Reilly's Equipment Data Associates and TopBid auction price service. Compact Excavators New Used *Financed equipment, 2005-2014. Source: EDA, edadata.com Kubota KX121-3S, 243 units Top fi nanced new compact excavator* Top fi nanced used excavator* *Feb. 1, 2014- Jan. 31, 2015. Source: EDA, edadata.com (Note: EDA reports are continually updated.) Final bids unit count: 233 $ 70,000 HIGH $ 70,000 LOW $ 9,000 AVERAGE $ 32,337 Jan. 1, 2014-Dec. 31, 2014; prices for compact excavators 8 tons and under, 5 years old and newer, U.S. sales only. Only includes bids $5,000 and above. Source: TopBid, topbid.com EquipmentWorld.com | April 2015 79 quick data | by Marcia Gruver Doyle | MGruver@randallreilly.com Top three states for compact excavator buyers* Top fi nanced compact excavator brands* Over a 12-month period, three brands in the market have run neck and neck in market share of fi nanced compact exca- vators: Caterpillar, 23 percent; Kubota, 22 percent; and Bobcat, 21 percent. * Feb. 1, 2014 – Jan. 31, 2015, includes both new and used fi nanced sales. (Note: EDA reports are continually updated.) Source: EDA, edadata.com *Comparison of number of compact excavators fi nanced Feb. 1, 2014 to Jan. 31, 2015, and Feb. 1, 2013 to Jan. 31, 2014. Source: EDA, edadata.com New, used excavators year-over-year change* NEW Up 19% Down 6% USED 1 1 2 2 3 3 Texas, 1,208 buyers Caterpillar, 4,064 units New York, 845 buyers Kubota, 3,786 units California, 819 buyers Bobcat, 3,444 units • 2010 Komatsu PC78US-8 with 2,790 hours at a Ritchie Bros. Auctioneers Int'l sale on Apr. 17, 2014 in Manchester, New Hampshire. • 2010 Cat 308DCR with 306 hours on Feb. 19, Ritchie, Orlando, Florida. • 2012 Cat 308DCR with 2,354 hours on Feb. 12, Cat Auction Services, Orlando, Florida. Cat 303.5E CR, 639 units Trend prices for the top 10 models of compact excavators sold at auction, not seasonally adjusted. Source: TopBid, topbid.com Compact excavator auction prices, 2010-Feb. 2014 $ 27,000 $ 26,000 $ 25,000 $ 24,000 $ 23,000 $ 22,000 $ 21,000 $ 20,000 $ 19,000 $ 18,000 $ 17,000 $ 16,000 $ 15,000 $ 14,000 $ 13,000 $ 12,000 $ 11,000 $ 10,000 PRICE Jan. Apr. Jul. Oct. Jan. Apr. Jul. Oct. Jan. Apr. Jul. Dec. Jan. Apr. Jul. Oct. Jan. Apr. Jul. Sep. Jan. Feb. 2010 2011 2012 2013 2014 2015 Compact excavator buying patterns* 14,000 13,000 12,000 11,000 10,000 9,000 8,000 7,000 6,000 5,000 4,000 3,000 2,000 1,000 500 UNITS 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 Auction prices for the top 10 models of compact excavators have been on a steady decline since Sept. 2014, when these machines saw a fi ve-year high of $25,698. During the past 5 years, the aver- age auction price for these models was $22,710. New high: 2006, 9,536 units New low: 2010, 1,588 units Used low: 2009, 3,741 units Used high: 2007, 5,084 units Average: $ 22,710 High: Sept. 2014 $ 25,698 Low: Dec. 2012 $ 20,237 High: Sept. 2014 High: Sept. 2014 High: Sept. 2014 High: Sept. 2014 High: Sept. 2014 High: Sept. 2014 High: Sept. 2014 High: Sept. 2014 High: Sept. 2014 High: Sept. 2014 High: Sept. 2014 High: Sept. 2014 High: Sept. 2014 High: Sept. 2014 High: Sept. 2014 High: Sept. 2014 $ 25,698 25,698 25,698 25,698 25,698 25,698 25,698 25,698 25,698 25,698 25,698 25,698 25,698 25,698 25,698 25,698 25,698 25,698 25,698 25,698 25,698 25,698 25,698 25,698 25,698 25,698 25,698 25,698 25,698 25,698 25,698 25,698 Current: Feb. 2015 $ 20,755 Three-way tie for top auction price: