Equipment World Digital Magazine
Issue link: http://read.dmtmag.com/i/860257
EquipmentWorld.com | August 2017 21 amount of machines that have been placed in auction and from some de-fleeting that has happened, but opportunity is always there for a buyer and a seller." It depends on the region The flip side of the coin is that the oil patch – which saw a significant downturn due to the lowered price of gas and oil – has been slow to recover, although it's now showing signs of life. "That's hurt used equipment prices in the Dakotas and Texas," Sandon says. "The bulk of that equipment is not doing as well as it used to, but I'm sure that will turn around with time." "Yellow iron prices have tended to stay fairly consistent, but your oilfield stuff and their trucks, they were just giving them away," says Bob Merritt, director of equipment and construction services operations support at AECOM, a heavy civil and commercial construction firm in Meridian, Idaho. "It "Right now, 10- to 25-ton excavators are hot due to the increase in commercial site work and housing develop- ments," says Kenneth Tysinger with May Heavy Equip- ment. "Larger excavators, 40 tons and up, seem to be soft at the moment." "Excavators have been and will always be top sellers," Southeastern Equipment's Heath Watton says. The number of attachments adds to their versatility, making excavators "a real bang for your buck. It doesn't matter if it's a mini excavator, mid-size, heavy – it's excavators, period." Si Hanna with RDO Equipment views used equipment demand from a broader perspective. "What's hot right now is quality used equipment," he says. "Customers are looking for well-maintained equipment with lower hours and warranty remaining. Once we pull machines from our rental fleet to sell, customers know it is a quality piece." – Chris Hill What's selling: excavators, excavators and excavators A scene from this year's Ritchie Bros. Orlando auction.