Tag: financed equipment

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

Roadbuilding

Texas leads U.S. equipment purchases in Q3, sales down 19 percent from 2013

If you believe everything is bigger in Texas, than it should come as no surprise that the state also needs the most road construction equipment. At 68 buyers during the third quarter of 2014, Texas construction companies financed the most road construction equipment in the United States. The numbers are according to an analysis of Equipment […]

November 21, 2014

Roadbuilding

New construction equipment sales up 11 percent in August, used sales down

Compared to one year ago, the number of new financed construction equipment units sold rose 11 percent this August, according to Equipment Data Associates figures. Used financed construction equipment sales on the other hand, continued their lackluster performance, with 3 percent fewer units sold this August than in August 2013. Year to date through August, […]

October 8, 2014

Construction Equipment

New financed construction equipment sales soar 30% in December

Both new and used financed construction equipment saw a strong uptick in December as many buyers likely took advantage of the 2013 bonus depreciation, according to new data from EDA who, like Equipment World, is a division of Randall-Reilly. New financed units, tracking sales and leases, totaled 8,598, an uptick of 30 percent from November’s total […]

February 2, 2014

Construction Equipment

Financed new equipment unit sales increase 8 percent in May

The number of financed new construction equipment unit sales in May increased 8 percent compared to April, according to Equipment Data Associates. In contrast, used financed sales declined by 9 percent  during May compared to the month before. Top new equipment contractor buyers for the month included a Wisconsin-based pipeline firm buying 65 machines, including […]

June 28, 2013

Construction Equipment

Financed equipment volume skyrockets 45% in March, flat year-over-year

New business volume in heavy equipment financing jumped 45 percent in the month of March to $6.8 billion, exactly matching where volume was one year prior. The data comes from the Equipment Leasing and Finance Association’s Monthly Leasing and Finance Index. The index reports activity from 25 companies in the equipment finance sector. “After a sluggish […]

April 24, 2013

Construction Equipment

New equipment finance volume up 16 percent in January

The Equipment Leasing and Finance Association (ELFA) has released its Monthly Leasing and Finance Index (MLFI-25), which reports economic activity from 25 companies representing a cross section of the $725 billion equipment finance sector. The MLFI-25 for January 2013 showed overall new business volume for January was $5.9 billion, up 16 percent from volume of […]

March 1, 2013

Construction Equipment

December financed construction sales lag from previous year

New and used financed sales of construction equipment were trending together at the end of 2012, reports Equipment Data Associates, a division of Randall-Reilly. In December, 6,584 new units were financed, compared to December, 2011, when 7,084 units were sold. Used financed sales were at 6,356 units, compared to 7,758 a year ago. New financed […]

January 30, 2013