Tag: financed heavy equipment

Dealers

Recession weary heavy equipment buyers flock to rental, RPOs to lower risk

“Our views haven’t changed drastically when it comes to buying new equipment,” says Al Gorick, president Gorick Construction, Binghamton, New York. “We have always tried to make purchasing decisions based on projected utilization, and when a good value presents itself.” Still others, such as G. W. Tatro Construction of Jeffersonville, Vermont, didn’t have much of […]

July 26, 2016

Home

New financed construction equipment sales up 10% in April; used sales slip 1%

The total number of financed new units for all construction equipment machine types increased 10 percent compared with March, rising from 7,601 in March to 8,476 in April, according to Equipment Data Associates, which tracks financed equipment activity. Year to date through April, new equipment financed sales increased by almost 12 percent, compared with the […]

June 3, 2015

Construction Equipment

New financed construction equipment sales up 3% in May, used sales decline 9%

New and used financed construction equipment unit sales went opposite directions in the month of May, according to figures released by Equipment Data Associates. New unit sales of financed construction equipment rose 3 percent during May, going from 8,000 in April to 8,273 units. Used financed units, on the other hand, declined nearly 9 percent, […]

July 3, 2014

Business

February brings typical downturn for number of new, used construction machines sold

As is typical during the month of February, financed sales of new and used equipment took a dip from January figures, according to information released by Equipment Data Associates. EDA, a division of Randall-Reilly, which produces Equipment World, tracks and reports Uniform Commercial Code-1 filings on financed equipment. There were 4,286 new financed units sold […]

April 21, 2014