Equipment World Digital Magazine
Issue link: http://read.dmtmag.com/i/506694
February 2015 | EquipmentWorld.com 48 February 2015 | EquipmentWorld.com 48 FLEET FLEET PROFILE sewer/water contractors (continued from page 47) Types of equipment As they were with excavation and road building contractors (reported in February and March), excavators are the top financed machine of choice in the sewer/water segment in both new and used equipment, ranging between 21 to 25 percent of the total financed new machines for this sample in the past 5 years. In the top new machine type chart below, the 2,165 excavators financed were more than double the backhoes, in the No. 2 position at 1,097 units. The gap between excavators and backhoes becomes even larger when looking at financed used units: 3,035 excavators to 1,248 backhoes. The top used financed machines for this seg- ment mirror the top new buys, with the excep- tion of Class 8 trucks, which at 822 units and 5 to 8 percent of the total number of used ma- chines purchased has a much stronger showing on the used equipment list than on the new equipment list. In addition, two machines appear on the used equipment list that do not appear on the new list: single-drum vibratory compactors and motor graders. Also, horizontal drills, a key production machine, do not appear on the top used list. Models purchased When looking at just the sewer/water seg- ment of contractors, not only is the backhoe the second most popular machine purchased in terms of number of units, the John Deere 310 K backhoe was the most popular new model sold in the past five years. Its prede- cessor, the Deere 310J, also had the No. 3 position in top models financed (the chart tracks machines purchased new throughout the 5-year period, so there is a mix of cur- rent and previous models). To round out the Deere K Series mention on this chart, the 410K came in at No. 5 and the 310SK was No. 10. Top NEW machine types fi nanced* Machine type No. of units fi nanced Percent range of total fi nanced market for segment Excavator 2,165 21 - 25% Backhoe 1,097 9 - 12% Wheel loader 939 9 - 12% Compact excavator 890 8 - 14% Compact track loader 431 4 - 6% Horizontal drill 319 3 - 5% Crawler dozer 271 2 - 4% Skid steer 233 2 - 4% LGP dozer 180 2 – 3% Class 8 truck 132 1 – 2% *Sewer/water buyer fi nanced buys made between Mar. 1, 2010-Feb. 28, 2015. Source: Equipment Data Associates, edadata.com. Top NEW models fi nanced* Model No. of units fi nanced Deere 310K backhoe 156 Cat 336E L excavator 132 Deere 310J backhoe 126 Cat 320E L excavator 115 Deere 410K backhoe 87 Deere 350G LC excavator 86 Cat 420E backhoe 82 Vermeer D24x40 II horizontal directional drill 76 Komatsu PC360LC-10 excavator 64 Deere 310SK 62 *Sewer/water buyer fi nanced buys made between Mar. 1, 2010-Feb. 28, 2015. Source: Equipment Data Associates, edadata.com. All models new when sold. Top USED machine types fi nanced* Machine type No. of units fi nanced Percent range of total fi nanced market for segment Excavator 3,035 21 – 24% Backhoe 1,248 8 – 11% Wheel loader 1,137 8 – 10% Class 8 truck 822 5 – 8% Crawler dozer 707 4 – 7% Compact excavator 653 4 – 6% Single drum vibratory compactor 528 3 – 5% LGP dozer 308 2 – 3% Articulated truck 308 1 – 3% Motor grader 247 2% (continued on page 50)