Equipment World

August 2016

Equipment World Digital Magazine

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Auctions A snapshot of new and used sales trends from Randall-Reilly's Equipment Data Associates and TopBid auction price service. Compact excavators Deere 35G, 1,115 units Kubota KX121-3, 268 units Top fi nanced new compact excavator* Other top selling new machine: Top fi nanced used compact excavator* Final bids unit count: 646 $ 95,000 HIGH $ 95,000 LOW $ 7,000 AVERAGE $ 33,393 July 1, 2015 – Jun. 30, 2016; prices of compact excavators 5 years old and newer, U.S. sales only. Only includes bids $5,000 and above. Source: TobBid, topbid.com EquipmentWorld.com | August 2016 61 quick data | by Marcia Gruver Doyle | MGruver@randallreilly.com Top three states for compact excavator buyers* *Comparison of number of compact excavators fi nanced Jun. 1, 2015 to May 31, 2016, and Jun. 1, 2014 to May 31, 2015. Source: EDA, edadata.com 1 2 3 Texas: 1,578 buyers New York: 1,124 buyers California: 1,104 buyers Top auction price, paid for 2015 Cat 308E2CR with 22 hours at a Ritchie Bros. sale on Oct. 27, 2015 in North East, Maryland. Kubota KX040-4, 1,165 units Compact excavator auction prices, 2011-2016 YTD $ 30,000 $ 29,000 $ 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 PRICE Jan. Apr. Jul. Oct. Jan. Apr. Jul. Dec. Jan. Apr. Jul. Oct. Jan. Apr. Jul. Sept. Jan. Apr. Jul. Oct. Jan. Apr. Jun. 2011 2012 2013 2014 2015 2016 Average: $ 24,328 Low: Dec. 2012 $ 21,677 Current: Apr. 2016 $ 23,866 Trend prices for the top 10 models of compact excavators sold at auction, not seasonally adjusted. Source: topbid.com (TopBid does not separate out the two types of machines.) *In terms of number of fi nanced units sold Jun. 1, 2015 – May 31, 2016. Both new and used equipment are used in state information. Source: EDA, edadata.com (Note: EDA reports are continually updated.) Year-over-year change* NEW: UP 21% USED: UP 13% Compact 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: 2015, 10,292 units Used low: 2009, 3,707 units Current average auction prices for the top 10 models of compact excavators are now $462 below the fi ve-year average of $24,328. For the past fi ve years, monthly average prices have stayed within a narrow $6,000 band. 2015 Case CX80C, 5 hours, Ritchie Bros., Feb. 18. OTHER TOP BID: $ 84,000 New Used High: Sept. 2014 $ 27,561 *Financed equipment, 2006-2015, number of units sold. Source: EDA, edadata.com Used high: 2007, 5,047 units New low: 2010, 1,573 units

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