Equipment World Digital Magazine
Issue link: http://read.dmtmag.com/i/605412
Auctions A snapshot of new and used sales trends from Randall-Reilly's Equipment Data Associates and TopBid auction price service. Double-drum compactors Hamm HD12W, 64 units Top fi nanced new double-drum compactor* Other top selling machine: Final bids unit count: 180 $ 95,000 HIGH $ 95,000 LOW $ 5,000 AVERAGE $ 33,733 Nov. 1, 2014-Oct. 31, 2015; prices of compactors 5 years old and newer, U.S. sales only. Only includes bids $5,000 and above. Source: TopBid, topbid.com EquipmentWorld.com | December 2015 69 quick data | by Marcia Gruver Doyle | MGruver@randallreilly.com Top three states for double-drum compactor buyers* *Comparison of number of double-drum compactors fi nanced Oct. 1, 2014 to Sept. 30, 2015, and Oct. 1, 2013 to Sept. 30, 2014. Source: EDA, edadata.com 1 2 3 Pennsylvania, 69 buyers California, 59 buyers New York, 53 buyers Top auction price, paid for 2011 Cat CB64 with 949 hours in Ritchie Bros. Auctioneers International sale on Feb. 18 at Orlando. Cat CB24B, 95 units Compactor auction prices, 2010-October 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. Oct. Jan. Apr. Jul. Oct. 2010 2011 2012 2013 2014 2015 Average: $ 73,565 High: Oct. 2014 $ 87,047 Low/Current: Oct. 2015 $ 61,804 Trend prices for the top 10 models of compactors sold at auction, not seasonally adjusted. Source: TopBid, topbid.com *In terms of number of fi nanced units sold Oct. 1, 2014 – Sept. 30, 2015. Source: EDA, edadata.com (Note: EDA reports are continually updated.) New year-over- year change* USED: DOWN 5% NEW: UP 5% New Used *Financed equipment, 2005-2014, number of units sold. Source: EDA, edadata.com Double-drum compactors new, used sales trends* 1,600 1,500 1,400 1,300 1,200 1,100 1,000 900 800 700 600 500 400 300 200 UNITS 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 New high: 2005, 1,267 units New low: 2010, 372 units Used low: 2009, 570 units Used high: 2005, 954 units Auction prices for the top 10 models of compactors have dropped by $25,243 since October 2014, and now are at their lowest level in the past 6 years; the average auction price for these models in the past 5 years was $73,565. During this time period, there were twelve 2011 Cat CB64s sold at the top of the price rank- ings, ranging from the $95,000 unit mentioned above to $75,000 for a 1,230-hour machine sold by Cat Auction Services on Feb. 11.