Equipment World Digital Magazine
Issue link: http://read.dmtmag.com/i/506694
Auctions A snapshot of new and used sales trends from Randall-Reilly's Equipment Data Asso- ciates and TopBid auction price service. Articulated trucks New Used *Financed equipment, 2005-2014. Source: EDA, edadata.com Cat 740, 157 units Volvo A40G, 207 units Top fi nanced new articulated truck* Top fi nanced used articulated truck* Other top selling machine: * Mar. 1, 2014 to Feb. 28, 2015. Source: EDA, edadata.com (Note: EDA reports are continually updated.) Final bids unit count: 137 $ 340,000 HIGH $ 340,000 LOW $ 75,000 AVERAGE $ 216,796 Apr. 1, 2014-Mar. 31, 2015; prices for articulated trucks 5 years old and newer, U.S. sales only. Only includes bids $5,000 and above. Source: TopBid, topbid.com EquipmentWorld.com | May 2015 63 quick data | by Marcia Gruver Doyle | MGruver@randallreilly.com Top three states for articulated truck buyers* Top fi nanced articulated truck brands* Over a 12-month period, Caterpillar had 42% fi nanced market share, followed by Volvo at 30%. Komatsu and Deere both had 10%. *New and used articulated trucks fi nanced Mar. 1, 2014 to Feb. 28, 2015. Source: EDA, edadata.com *Comparison of number of articulated trucks fi nanced Mar. 1, 2014 to Feb. 28, 2015, and Mar. 1, 2013 to Feb. 28, 2014. Source: EDA, edadata.com New, used articulated trucks year-over-year change* NEW Up 36% USED Up 3% 1 2 1 2 3 3 4 Texas, 175 buyers Volvo, 1,029 units Caterpillar, 1,422 units Florida, 93 buyers Deere, 354 units North Carolina, 86 buyers Komatsu, 352 units s Cat 740 with 2,212 hours, Ritchie Bros. Auctioneers Int'l on Dec. 17, 2014 in St. Louis. s 4HREE Komatsu HM400-3s, at 3,000, 3,280 and hours and 3,6 34 hours, Ritchie Bros., Dec. 10, Minneapolis. s Komatsu HM400-3, 3,212 hours, Ritchie Bros., Dec. 10, Minneapolis. Cat 740B, 424 units Trend prices for the top 10 models of articulated trucks sold at auction, not seasonally adjusted. Source: TopBid, topbid.com Artic auction prices, 2009-Feb. 2015 $ 140,000 $ 135,000 $ 130,000 $ 125,000 $ 120,000 $ 115,000 $ 110,000 $ 105,000 $ 100,000 $ 95,000 $ 90,000 $ 85,000 $ 80,000 $ 75,000 $ 70,000 $ 65,000 $ 60,000 $ 55,000 PRICE Jan. Apr. Jul. Oct. Jan. Apr. Jul. Dec. Jan. Apr. Jul. Oct. Jan. Apr. Jul. Oct. Jan. Apr. Jul. Oct. Jan. Mar. 2010 2011 2012 2013 2014 2015 Articulated truck buying patterns* 3,000 2,750 2,500 2,250 2,000 1,750 1,500 1,250 1,000 750 500 400 300 200 100 UNITS 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 Auction prices for the top 10 models of articulated trucks have been on a steady decline since August 2014, when these machines averaged $121,752 at auction. During the past 5 years, the average auction price for these models was $109,177. New high: 2006, 1,629 units New low: 2010, 104 units Used low: 2009, 992 units Used high: 2005, 2,120 units f f Average: $ 109,177 High: Dec. 2011 $ 130,233 Current/Low: Mar. 2015 $ 85,658 Five-way tie for top auction price: