Equipment World Digital Magazine
Issue link: http://read.dmtmag.com/i/933470
EquipmentWorld.com | January 2018 41 Auctions A snapshot of new and used sales trends from Randall-Reilly's Equipment Data Associates and TopBid auction price service. Dozers Deere 700K, 213 units Cat D6N LGP, 221 units Top fi nanced new dozer* Other top selling new machine: Top fi nanced used dozer:* Final bids unit count: 513 $ 347,500 AVERAGE $ 107,424 LOW $ 35,000 MEDIAN $ 94,500 Dec. 1, 2016 – Nov. 30, 2017; prices for dozers 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 dozer buyers* *Comparison of number of dozers fi nanced Nov. 1, 2016 to Oct. 31, 2017, and Nov. 1, 2015 to Oct. 31, 2016. Source: EDA, edadata.com 1 2 3 Texas: 405 buyers Florida: 200 buyers Louisiana: 158 buyers Top auction price, paid for a 2013 Caterpillar D8T with 2,485 hours at an IronPlanet online sale on Jan. 1, 2017 Cat D5K2 LGP, 322 units Dozer Auction Prices, Dec. 2016-Nov. 2017 $ 106,000 $ 105,000 $ 104,000 $ 103,000 $ 102,000 $ 101,000 $ 100,000 $ 99,000 $ 98,000 $ 97,000 $ 96,000 $ 95,000 $ 94,000 $ 93,000 $ 92,000 $ 91,000 $ 90,000 $ 89,000 PRICE Dec. Jan. Feb. Mar. Apr. May Jun. Jul. Aug. Sep. Oct. Nov. 2016 2017 *In terms of number of new and used fi nanced units sold Nov. 1, 2016 to Oct. 31, 2017. Source: EDA, edadata. com (Note: EDA reports are continu- ally updated.) Dozer new, used sales trends, 2007-2016* 26,000 24,000 22,000 20,000 18,000 16,000 14,000 12,000 10,000 8,000 6,000 4,000 2,000 UNITS 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 Used low: 2016, 16,625 units 2015 Komatsu D275AX-5EO, 3,892 hours, Ritchie Bros., Apr. 20, in Minot, North Dakota OTHER TOP BID: $ 335,000 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 dozers sold at auction, not seasonally adjusted. 1-year average: $ 100,866 Low: $ 97,531 April 2017 Year-over-year change* NEW: DOWN 1% USED: DOWN 6% New high: 2007, 8,440 units High: $ 104,114 July 2017 Current: $ 100,003 Nov. 2017 Used high: 2010, 22,171 units In November, the average price for the top 10 models of dozers sold at auction was 4 percent below the one-year average of $100,866. New low: 2011, 4,261 units Over the past 10 years, used dozers have represented more than 71 percent of the total number of dozers fi nanced.