Equipment World Digital Magazine
Issue link: http://read.dmtmag.com/i/748269
EquipmentWorld.com | November 2016 63 Auctions A snapshot of new and used sales trends from Randall-Reilly's Equipment Data Associates and TopBid auction price service. Trenchers Toro TRX20 42 units Vermeer RTX1250 43 units Top fi nanced new trencher* Other top selling new machine: Top fi nanced used trencher* Final bids unit count: 41 $ 235,000 HIGH $ 235,000 LOW $ 5,000 AVERAGE $ 30,916 Sept. 1, 2015 –Aug. 31, 2016; prices of trenchers 5 years old and newer, U.S. sales only. Only includes bids $5,000 and above. Source: TopBid, topbid.com quick data | by Marcia Gruver Doyle | MGruver@randallreilly.com Top three states for trencher buyers* *Comparison of number of trenchers fi nanced Sept. 1, 2015 to Aug. 31, 2016, and Sept. 1, 2014 to Aug. 31, 2015. Source: EDA, edadata.com 1 2 3 Texas: 293 buyers Missouri: 67 buyers Florida: 66 buyers Top auction price, paid for 2013 Wolfeman 7000 with 2,084 hours at a Ritchie Bros. sale on March 2 in Fort Worth, Texas. Ditch Witch RT45 69 units Trencher auction prices, 2011-2016 YTD $ 50,000 $ 47,250 $ 45,000 $ 42,250 $ 40,000 $ 37,250 $ 35,000 $ 32,250 $ 30,000 $ 27,250 $ 25,000 $ 22,250 $ 20,000 $ 17,250 $ 15,000 $ 12,250 $ 10,000 $ 7,250 PRICE Jan. Apr. Jul. Oct. Feb. Apr. Jul. Oct. Jan. Apr. Jul. Oct. Jan. Apr. Jul. Oct. Jan. Apr. Jul. Oct. Jan. Apr. Sep. 2011 2012 2013 2014 2015 2016 Average: $ 30,352 Low: July 2013 $ 19,626 Current: Sept. 2016 $ 24,061 Trend prices for the top 10 models of trenchers sold at auction, not seasonally adjusted. Source: topbid.com *In terms of number of fi nanced units sold Sept. 1, 2015 – Aug. 31, 2016. Source: EDA, edadata.com (Note: EDA reports are continually updated.) Year-over-year change* NEW: UP 2% USED: DOWN 5% Trencher new/used sales trends, 2006-2015* 1,600 1,400 1,200 1,000 900 800 700 600 500 400 300 200 UNITS 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 New high: 2006, 1,190 units Used low: 2014, 655 units Current average auction prices for the top 10 models of trenchers are now $6,211 below the fi ve-year average of $30,352. 2012 Vermeer Commander T655III, 2,040 hours, Ritchie Bros., April 14 in Phoenix, Arizona. OTHER TOP BID: $ 165,000 New Used High: Feb. 2012 $ 42,812 *Financed equipment, 2006-2015, number of units sold. Source: EDA, edadata.com Used high: 2006, 1,373 units New low: 2010, 199 units