Equipment World Digital Magazine
Issue link: http://read.dmtmag.com/i/674536
Auctions A snapshot of new and used sales trends from Randall-Reilly's Equipment Data Associates and TopBid auction price service. Excavators Deere 210G LC, 368 units Cat 336E L, 494 units Top fi nanced new excavator* Other top selling machine: Top fi nanced used wheel loader* Final bids unit count: 1,363 $ 437,000 HIGH $ 112,238 LOW $ 18,000 AVERAGE $ 437,000 Mar. 1, 2015 – Feb. 29, 2016; prices of excavators 5 years old and newer, U.S. sales only. Does not include compact excavators. Only includes bids $5,000 and above. Source: TopBid, topbid.com EquipmentWorld.com | May 2016 43 quick data | by Marcia Gruver Doyle | MGruver@randallreilly.com Top three states for excavator buyers* *Comparison of number of excavators fi nanced Feb. 1, 2015 to Jan. 31, 2016, and Feb. 1, 2014 to Jan. 31, 2015. Does not include compact excavators. Source: EDA, edadata.com 1 2 3 Texas: 1,346 buyers Georgia: 726 buyers New York: 646 buyers Top auction price, paid for 2012 Cat 374DL with 1,757 hours at an IronPlanet sale on Jan. 20 in Pleasant Grove, California. Cat 336F L, 533 units Excavator auction prices, 2011-2016 YTD $ 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. Oct. Jan. Apr. Jul. Oct. Jan. Apr. Jul. Oct. Jan. Apr. Jul. Oct. Jan. Mar. 2011 2012 2013 2014 2015 2016 Average: $ 106,140 Low: Jan. 2016 $ 66,707 Low: Jan. 2016 Low: Jan. 2016 Low: Jan. 2016 Low: Jan. 2016 Low: Jan. 2016 Low: Jan. 2016 Low: Jan. 2016 Low: Jan. 2016 66,707 66,707 66,707 66,707 66,707 66,707 66,707 66,707 Current: Mar. 2016 $ 68,950 Trend prices for the top 10 models of excavators sold at auction, not seasonally adjusted. Does not include compact excavators. Source: TopBid, topbid.com *In terms of number of fi nanced units sold Feb. 1, 2015 – Jan. 31, 2016. Does not include compact excavators. Source: EDA, edadata.com (Note: EDA reports are continually updated.) Year-over-year change* USED: UP 2% NEW: UP 4% *Financed equipment, 2006-2015, number of units sold. Does not include compact excavators. Source: EDA, edadata.com Excavator new/used sales trends, 2006-2015* 12,000 11,000 10,000 9,000 8,000 7,000 6,000 5,000 4,000 3,000 2,000 1,000 UNITS 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 New high: 2006, 11,270 units New low: 2009, 1,444 units Used low: 2009, 6,589 units Used high: 2006, 11,125 units Auction prices for the top 10 models of excavators are now $37,190 below the fi ve-year average of $106,140. 2013 Komatsu PC490LC-10, 3,161 hours, Ritchie Bros., Feb. 18. OTHER TOP BID: $ 310,000 New Used High: Feb. 2011 $ 138,977