Equipment World Digital Magazine
Issue link: http://read.dmtmag.com/i/521868
Auctions A snapshot of new and used sales trends from Randall-Reilly's Equipment Data Associates and TopBid auction price service. Trenchers New Used *Financed equipment, 2005-2014. Source: EDA, edadata.com Ditch Witch RT40, 46 units Vermeer RTX1250, 40 units Top fi nanced new trencher* Top fi nanced used trencher* Vermeer RTX1250, 40 units Other top selling machine: * In terms of number of units sold Apr. 1, 2014 – Mar. 31, 2015. Source: EDA, edadata.com (Note: EDA reports are continually updated.) Final bids unit count: 48 $ 120,000 HIGH $ 120,000 LOW $ 5,000 AVERAGE $ 33,543 May 1, 2014-Apr. 30, 2015; prices of trenchers 7 years old and newer, U.S. sales only. Only includes bids $5,000 and above. Source: TopBid, topbid.com EquipmentWorld.com | June 2015 71 quick data | by Marcia Gruver Doyle | MGruver@randallreilly.com Top three states for trencher buyers* Top fi nanced trencher brands* Over the past year, Ditch Witch had 52% fi nanced market share in terms of number of new and used units, followed by Vermeer at 29% and Toro at 6%. * Apr. 1, 2014 – Mar. 31, 2015, includes both new and used fi nanced sales. (Note: EDA reports are continually updated.) Source: EDA, edadata.com *Comparison of number of trenchers fi nanced Apr. 1, 2014 to Mar. 31, 2015, and Apr. 1, 2013 to Mar. 31, 2014. Source: EDA, edadata.com New, used trenchers year-over-year change* NEW Flat USED Down 15% 1 2 1 2 3 3 Texas, 262 buyers Vermeer, 451 units Ditch Witch, 823 units Oklahoma, 77 buyers Toro, 101 units Missouri, 63 buyers Top auction price, paid for 2008 Vermeer T655III with 3,949 hours in Ritchie Bros. Auctioneers Int'l sale on Feb. 11 in Houston Ditch Witch RT16, 85 units Trend prices for the top 10 models of trenchers sold at auction, not seasonally adjusted. Source: TopBid, topbid.com Trencher auction prices, 2010-Apr. 2015 $ 45,000 $ 42,500 $ 40,000 $ 37,500 $ 35,000 $ 32,500 $ 30,000 $ 27,500 $ 25,000 $ 22,500 $ 20,000 $ 17,500 $ 15,000 $ 12,500 $ 10,000 $ 7,500 $ 5,000 $ 2,500 PRICE Jan. Apr. Jul. Oct. Jan. Apr. Jul. Oct. Feb. Apr. Jul. Oct. Jan. Apr. Jul. Oct. Jan. Apr. Jul. Oct. Jan. Apr. 2010 2011 2012 2013 2014 2015 Trencher 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 trenchers have seesawed since the Feb. 2012 high of $37,462. During the past 5 years, the average auction price for these models was $27,910. New high: 2005, 1,598 units New low: 2010, 287 units Used low: 2014, 1,039 units Used high: 2005, 2,105 units Auction prices for the top 10 models of trenchers Average: $ 27,910 High: Feb. 2012 $ 37,462 Low: July 2013 $ 17,775 Current: Apr. 2015 $ 29,102 OTHER TOP BIDS $90,000, 2011 Vermeer RTX1250 with 707 hours, Nov. 20, 2014, Ritchie Bros., Williston, ND $85,000, 2012 Ditch Witch RT115 with 310 hours, Feb. 17, Ritchie Bros., Orlando