Equipment World Digital Magazine
Issue link: http://read.dmtmag.com/i/578350
Auctions A snapshot of new and used sales trends from Randall-Reilly's Equipment Data Associates and TopBid auction price service. Aerial lifts Genie GS-1930, 132 units Top fi nanced new aerial lift* Genie GS-1930, 132 units Other top selling machine: Final bids unit count: 235 $ 200,000 HIGH $ 200,000 LOW $ 5,000 AVERAGE $ 36,038 Sept. 1, 2014-Aug. 31, 2015; prices of aerial lifts 5 years old and newer, U.S. sales only. Only includes bids $5,000 and above. Source: TopBid, topbid.com) EquipmentWorld.com | October 2015 73 quick data | by Marcia Gruver Doyle | MGruver@randallreilly.com Top three states for aerial lift buyers* *Comparison of number of aerial lifts fi nanced Aug. 1, 2014 to July 31, 2015, and Aug. 1, 2013 to July 31, 2014. Source: EDA, edadata.com 1 2 3 Texas, 79 buyers California, 41 buyers Florida, 32 buyers Top auction price, paid for 2014 JLG 1350SJP in Alex Lyon & Son Auctioneers sale on Feb. 2 in Kissimmee, Florida. Skyjack SJIII-3219, 187 units Aerial lift auction prices, 2010-August 2015 $ 28,000 $ 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 $ 11,500 PRICE Jan. Apr. Jul. Oct. Jan. Apr. Jul. Oct. Jan. Apr. Jun. Oct. Jan. Apr. Jul. Oct. Jan. Apr. Jul. Oct. Jan. Apr. Aug. 2010 2011 2012 2013 2014 2015 Auction prices for the top 10 models of aerial lifts have dropped by $3,543 since April 2015, and now are at their lowest level in the past 5 years; the average auction price for these models in the past 5 years was $22,520. Average: $ 22,520 High: June 2012 $ 26,664 Low/Current: August 2015 $ 17,469 OTHER TOP BID: $180,000, 2013 JLG 1350SJP, Alex Lyon, Feb. 16, Kissimmee. Trend prices for the top 10 models of aerial lifts sold at auction, not seasonally adjusted. Source: TopBid, topbid.com *In terms of number of fi nanced units sold Aug. 1, 2014 – July 31, 2015. Source: EDA, edadata.com (Note: EDA reports are continually updated.) New year-over- year change* NEW: DOWN 16% USED: UP 15% New Used *Financed equipment, 2005-2014, number of units sold. Includes aerial utility trucks. Source: EDA, edadata.com Aerial lift new, used sales trends* 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 1,000 500 UNITS 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 New high: 2007, 5,955 units New low: 2010, 599 units Used low: 2009, 2,952 units Used high: 2011, 5,045 units