Equipment World Digital Magazine
Issue link: http://read.dmtmag.com/i/634023
Auctions A snapshot of new and used sales trends from Randall-Reilly's Equipment Data Associates and TopBid auction price service. Articulated trucks Cat 740B, 308 units Top fi nanced new articulated truck* Other top selling new machine: Final bids unit count: 153 $ 362,500 HIGH $ 362,500 LOW $ 76,000 AVERAGE $ 215,827 Jan. 1 – Dec. 31, 2015; prices of articulated trucks 5 years old and newer, U.S. sales only. Only includes bids $5,000 and above. Source: TopBid, topbid.com EquipmentWorld.com | January 2016 47 quick data | by Marcia Gruver Doyle | MGruver@randallreilly.com Top three articulated truck buyers by state* *Comparison of number of articulated trucks fi nanced Nov. 1, 2014 to Oct. 31, 2015, and Nov. 1, 2013 to Oct. 31, 2014. Source: EDA, edadata.com 1 2 3 Texas, 95 buyers Georgia, 45 buyers Florida, 43 buyers Top auction price, paid for 2012 Cat 740B with 2,603 hours at a Ritchie Bros. Auctioneers International sale on Mar. 26, 2015, in Atlanta. Volvo A40G, 309 units Articulated truck auction prices, 2010-2015 $ 150,000 $ 145,000 $ 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 PRICE Jan. Apr. Jul. Oct. Jan. Apr. Jul. Dec. Jan. Apr. Jul. Oct. Jan. Apr. Jul. Oct. Jan. Apr. Jul. Oct. Jan. Apr. Jul. Dec. 2010 2011 2012 2013 2014 2015 Average: $ 113,639 High: Dec. 2012 $ 138,895 Low/Current: Dec. 2015 $ 88,498 Trend prices for the top 10 models of articulated trucks sold at auction, not seasonally adjusted. Source: TopBid, topbid.com *In terms of number of fi nanced units sold Nov. 1, 2014 – Oct. 31, 2015. Source: EDA, edadata.com (Note: EDA reports are continually updated.) New year-over- year change* USED: UP 16% NEW: UP 20% *Financed equipment, 2005-2014, number of u nits sold. Source: EDA, edadata.com Articulated truck new/used sales trends* 2,500 2,250 2,000 1,750 1,500 1,250 1,000 750 500 250 0 UNITS 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 New high: 2006, 1,629 units New low: 2010, 104 units Used low: 2009, 992 units Used high: 2005, 2,120 units Auction prices for the top 10 models of articulated trucks have dropped by $41,342 since August 2014, 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 $113,639. 2012 Volvo A40F, 2,397 hours, Ritchie Bros., Oct. 27, 2015. OTHER TOP BID: $ 330,000 New Used