Equipment World Digital Magazine
Issue link: http://read.dmtmag.com/i/816045
EquipmentWorld.com | April 2017 61 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, 1,188 units Kubota KX121-3, 228 units Top fi nanced new compact excavator* Other top selling new machine: Kubota KX121-3, Top fi nanced used compact excavator:* Final bids unit count: 831 $ 97,500 HIGH $ 97,500 LOW $ 7,000 AVERAGE $ 33,461 Mar. 1, 2016 – Feb. 28, 2017; prices compact excavators 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 compact excavator buyers* *Comparison of number of compact excavators fi nanced Feb. 1, 2016 to Jan. 31, 2017, and Feb. 1, 2015 to Jan. 31, 2016. Source: EDA, edadata.com 1 2 3 Texas: 1,693 buyers California: 1,262 buyers New York: 1,044 buyers Top auction price, paid for 2015 Caterpillar 308ECR with 134 hours at a Ritchie Bros. sale on Aug. 25, 2016 in North East, Maryland. Kubota KX040-4, 1,250 units Compact excavators, 2012-2017 YTD $ 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 $ 12,000 $ 11,000 PRICE Jan. Apr. Jul. Oct. Jan. Apr. Jul. Oct. Jan. Apr. Jul. Oct. Jan. Apr. Jun. Oct. Jan. Apr. Jul. Oct. Jan. Apr. Jul. Oct. 2012 2013 2014 2015 2016 2017 *In terms of number of fi nanced units sold Feb. 1, 2016 to Jan. 31, 2017. Source: EDA, edadata.com (Note: EDA reports are continually updated.) Compact excavator new, used sales trends, 2009-2016* 20,000 18,000 16,000 14,000 12,000 10,000 8,000 6,000 4,000 2,000 0 UNITS 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 Used low: 2009, 4,907 units Current average auction prices for the top 10 models of compact excavators are now at $22,526, or 5 percent below the fi ve-year average of $23,700. 2016 Bobcat E85, 7 hours, Ritchie Bros., Feb. 23, 2017. OTHER TOP BID: $ 77,500 New Used *Financed equipment, 2007 - 2016, number of units sold by sale or lease. Source: EDA, edadata.com Used high: 2016, 7,312 units New low: 2010, 2,283 units Trend prices for the top 10 models of compact excavators sold at auction, not seasonally adjusted. Source: topbid.com 5-year average: $ 23,700 High: $ 26,990 June 2015 Current: $ 22,526 Jan. 2017 Low: $ 21,292 June 2016 Year-over-year change* NEW: UP 5% USED: UP 4% New high: 2016, 17,339 units