Equipment World

July 2015

Equipment World Digital Magazine

Issue link: http://read.dmtmag.com/i/536721

Contents of this Issue

Navigation

Page 70 of 95

Auctions A snapshot of new and used sales trends from Randall-Reilly's Equipment Data Associates and TopBid auction price service. Wheel loaders New Used *New and used fi nanced equipment, 2005-2014. Source: EDA, edadata.com Cat 980G, 180 units Deere 544K, 446 units Top fi nanced new wheel loader* Top fi nanced used wheel loader* Deere 544K, 446 units Other top selling machine: * In terms of number of units sold May 1, 2014 – Apr. 31, 2015. Source: EDA, edadata.com (Note: EDA reports are continually updated.) Final bids unit count: 573 $ 1,275,000 HIGH $ 1,275,000 LOW $ 16,000 AVERAGE $ 123,891 June 1, 2014-May. 31, 2015; prices of wheel loaders 5 years old and newer, U.S. sales only. Only includes bids $5,000 and above. Source: TopBid, topbid.com EquipmentWorld.com | July 2015 71 quick data | by Marcia Gruver Doyle | MGruver@randallreilly.com Top four states for wheel loader buyers* Top fi nanced wheel loader brands* Over the past year, Caterpillar had 39% fi nanced market share in terms of number of new and used units, followed by Deere at 22%, Komatsu at 11% and Volvo at 10%. *May 1, 2014 – Apr. 31, 2015, includes both new and used fi nanced sales. Source: EDA, edadata.com (Note: EDA reports are continu- ally updated.) *Comparison of number of wheel loaders fi nanced May 1, 2014 to Apr. 31, 2015, and May 1, 2013 to Apr. 31, 2014. Source: EDA, edadata.com New, used wheel loaders year-over-year change* USED Down .05% NEW Up 21% 1 2 1 2 3 4 3 4 Texas, 1,105 buyers Deere, 3,652 units Caterpillar, 6,474 units Florida, 692 buyers Komatsu, 1,916 units Volvo, 1,676 units California, 556 buyers Michigan, 511 buyers Top auction price, paid for 2010 Cat 993K with 7,720 hours in Ritchie Bros. Auctioneers Int'l sale on Aug. 22 in Reno, Nevada. Cat 938K, 687 units Trend prices for the top 10 models of wheel loaders sold at auction, not seasonally adjusted. Source: TopBid, topbid.com Wheel loader auction prices, 2010-May 2015 $ 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 $ 50,000 $ 45,000 $ 40,000 $ 35,000 PRICE Jan. Apr. Jul. Oct. Jan. Apr. Jul. Oct. Jan. Apr. Jul. Oct. Jan. Apr. Jul. Oct. Jan. Apr. Jul. Sep. Jan. May 2010 2011 2012 2013 2014 2015 Wheel loader buying patterns* 8,000 7,500 7,000 6,500 6,000 5,500 5,000 4,500 4,000 3,500 3,000 2,500 2,000 1,500 1,000 UNITS 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 Auction prices for the top 10 models of wheel loaders had a small spike in January of this year at $90,544 but have steadily decreased since then, with May 2015 recording a 5-year low of $79,661. During the past 5 years, the average auction price for these models was $99,749. New high: 2006, 5,453 units New low: 2009, 1,068 units Used low: 2014, 4,981 units Used high: 2005, 7,405 units Average: $ 99,749 High: Apr. 2011 $ 109,083 Low: Sep. 2014 $ 81,563 Low: Sep. 2014 Low: Sep. 2014 Low: Sep. 2014 Low: Sep. 2014 81,563 81,563 81,563 81,563 81,563 81,563 81,563 81,563 Current: May 2015 $ 79,661 OTHER TOP BIDS $610,000 for a 2011 Cat 988H with 60 hours and $570,000 for a 2011 988H with 32 hours, Dec. 11, 2014, Ritchie Bros., Los Angeles

Articles in this issue

Links on this page

Archives of this issue

view archives of Equipment World - July 2015