Equipment World Digital Magazine
Issue link: http://read.dmtmag.com/i/873881
EquipmentWorld.com | September 2017 35 Auctions A snapshot of new and used sales trends from Randall-Reilly's Equipment Data Associates and TopBid auction price service. Excavators Komatsu PC210LC-11, 298 units Cat 320E L, 343 units Top fi nanced new excavator* Other top selling new machine: Top fi nanced used excavator:* Final bids unit count: 1,146 $ 627,500 AVERAGE $ 101,169 LOW $ 17,750 MEDIAN $ 92,750 Aug. 1, 2016 – Jul. 31, 2017; prices for full-size 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 excavator buyers* *Comparison of number of full-size excavators fi nanced Jul. 1, 2016 to Jun. 30, 2017, and Jul. 1, 2015 to Jun. 30, 2016. Source: EDA, edadata.com 1 2 3 Texas: 1,384 buyers Georgia: 706 buyers Florida: 661 buyers Top auction price, paid for a 2015 Cat 390F L with 1,395 hours at a Ritchie Bros. sale on Sept. 16, 2016, in Minneapolis, Minnesota. Cat 336F L, 550 units Excavator Auction Prices, July 16-July 17 $ 86,000 $ 85,000 $ 84,000 $ 83,000 $ 82,000 $ 81,000 $ 80,000 $ 79,000 $ 78,000 $ 77,000 $ 76,000 $ 75,000 $ 74,000 $ 73,000 $ 72,000 $ 71,000 $ 70,000 $ 69,000 PRICE Jul. Aug. Sep. Oct. Nov. Dec. Jan. Feb. Mar. Apr. May Jun. Jul. 2016 2017 *In terms of number of new and used fi nanced units sold Jul. 1, 2016 to Jun. 30, 2017. Source: EDA, edadata. com (Note: EDA reports are continu- ally updated.) Excavator new, used sales trends, 2007-2016* 13,000 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 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 Used low: 2009, 7,723 units New low: 2010, 1,451 units 2013 Komatsu PC800LC-8E0, 1,776 hours, Ritchie Bros., Sept. 23, 2016. OTHER TOP BID: $ 495,000 New Used *Financed equipment, 2007 - 2016, number of units sold by sale or lease. Source: EDA, edadata.com Trend prices for the top 10 models of full-size excavators (excluding compact excavators) sold at auction, not seasonally adjusted. 1-year average: $ 77,465 Low and Current: $ 71,257 July 2017 Year-over-year change* NEW: UP 9% USED: DOWN 5% New high: 2007, 9,312 units High: $ 83,878 March 2017 Used high: 2007, 12,288 units In July, the average price for the top 10 models sold at auction was 4 percent below the average price for these machines in July 2016, and 8 percent below the one-year average.