Equipment World

July 2017

Equipment World Digital Magazine

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EquipmentWorld.com | July 2017 41 Auctions A snapshot of new and used sales trends from Randall-Reilly's Equipment Data Associates and TopBid auction price service. Trenchers Toro TRX-20, 38 units Ditch Witch RT45, 37 units Top fi nanced new trencher* Other top selling new machine: Top fi nanced used trencher:* Final bids unit count: 72 $ 290,000 HIGH $ 290,000 LOW $ 5,000 AVERAGE $ 30,570 Jun. 1, 2016 – May 31, 2017; prices 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 May 1, 2016 to Apr. 30, 2017, and May 1, 2015 to Apr. 30, 2016. Source: EDA, edadata.com 1 2 3 Texas: 158 buyers Florida: 47 buyers California: 44 buyers Top auction price, paid for 2014 Wolfe Man 8000 with 797 hours at a Ritchie Bros. sale on Sept. 28, 2016, in Columbus, Ohio. Ditch Witch C16X, 146 units Trenchers, 2012-2017 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. Oct. Jan. Apr. Jul. Oct. Jan. Apr. Jul. Oct. Jan. Apr. Aug. Oct. Jan. May Jul. Oct. 2012 2013 2014 2015 2016 2017 *In terms of number of fi nanced units sold May 1, 2016 to Apr. 30, 2017. Source: EDA, edadata.com (Note: EDA reports are continually updated.) Trencher new, used sales trends, 2007-2016* 1,800 1,600 1,400 1,200 1,000 800 600 400 200 0 UNITS 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 Used low: 2016, 888 units New low: 2010, 301 units Current average auction prices for the top 10 models of trenchers are now at $17,194, a decrease of 14 percent below the fi ve-year average of $20,014. 2013 Vermeer Commander T655III, 3,557 hours, Ritchie Bros., Feb. 21, in Orlando, Florida. OTHER TOP BID: $ 140,000 New Used *Financed equipment, 2007 - 2016, number of units sold by sale or lease. Source: EDA, edadata.com Used high: 2007, 1,622 units Trend prices for the top 10 models of trenchers and cable plows sold at auction, not seasonally adjusted. Source: topbid.com 5-year average: $ 20,014 Current: $ 17,194 May 2017 Year-over-year change* NEW: UP 15% USED: DOWN 13% New high: 2007, 1,224 units Low: $ 14,651 Aug. 2016 High: $ 25,929 Jan. 2012 Although the number of new trenchers fi nanced has still not reached 2007 levels, in 2016 they were higher than used fi nanced units. In this 10-year period, used fi nanced units have averaged 34 percent above the number of new fi nanced units. Top fi nanced new trencher* new trencher* new Ditch Witch C16X,

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