Quick Data

Marcia Gruver Doyle

|  January 10, 2012 |

A snapshot of new and used sales trends from Randall-Reilly’s Equipment Data Associates and TopBid auction price service.

BACKHOES

 

27% of all 2011 YTD new financed backhoe sales were in the West South Central region – Texas, Oklahoma, Arkansas and Louisiana. During the 2004-2006 economic peak, the Pacific and South Atlantic regions topped backhoe charts.

 

$75,000                    Top 2011 auction price, paid for a 2008 Cat 420E IT, sold by Alex Lyon & Son Auctioneers on Feb. 3 in Kissimmee, Florida.

 

2011 final bids, 14-foot-dig-depth and higher machines

LOW– $17,500

HIGH– $75,000

AVERAGE– $39,529

 

 

Deere 310J

 

Top financed model in 2011 YTD

 

 

 

 

Year-over-year used backhoe sales*

In the past two years, year-over-year used financed machine sales saw a 26 percent drop in the October-to-September period.

*Financed filings as of Nov. 30, 2011. Source: EDA

 

New/used buying patterns

Both new and used financed backhoe sales peaked early in the past decade. The number of reported YTD 2011 new sales, however, were already inching ahead of total 2010 new sales.

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