Create a free Equipment World account to continue reading

There’s Good News and Bad News for Sales of New and Used Financed Excavators

Marcia Doyle Headshot
Updated Apr 16, 2021

year over year change in financed excavatorsFinanced new and used medium and large excavators took two different paths in the December-November year-over-year time period.

The number of new financed medium/large excavators decreased 13% during the December 2019-November 2020 period compared with the same period in the previous year.

Used financed excavators, however, fared much better, with the number of units increasing 4% year-over-year. (Compact excavators were not included in this report.)

Cat, Deere and Komatsu dominated the top 10 model offerings in terms of number of units sold. (See chart below.) The Cat 336 was the undisputed leader of the pack, with 591 units sold;  Deere's 85G came in a distant second at 389 units sold. (Note: EDA data is continually updated.)

Just looking at this top 10 model slice, Deere and Cat were in a close race in terms of number of financed new models sold during this time period, with Deere grabbing 37% of the pie, Cat 36% and Komatsu 27%.

On the used financed side, the Deere 210G LC topped the charts, with 315 units sold, followed by the Cat 336F L at 289 units sold.