Quick Data is a snapshot of new and used backhoe sales trends from Randall Reilly’s EDA equipment financing data, TopBid auction price service and EquipmentWatch market trend reports.
Backhoe loaders continue to decline in popularity, as seen in the latest new and used equipment sales reports from Randall Reilly.
A total of 2,354 new backhoes were financed from June 1, 2022 to May 31, 2023, according to Randall Reilly’s EDA equipment finance data. This was a 7.6% decrease from 2,539 new units sold the previous year.
Used backhoe sales saw double-digit declines (20.5%), dropping to 3,598 units compared to 4,419 units sold from June 1, 2021 to May 31, 2022.
The top-selling new models, based on the number of units financed, were the Deere 310SL (360), the Cat 420 (267) and the Cat 420XE (213).
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Looking at used models, the Deere 310 SL again came out on top with 209 units financed. Case CE claimed the second and third spots with its 580 Super N (173) and 580 N (85).
