What your equipment is worth - Ritchie Bros. Auctioneers · Commodity pricing has fallen and the...
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$27,070 $98,900 $65,900 $197,500 High-range median 1 $33,270 $168,500 Median 2 $18,260 $58,210 Low-range median 3 Median 2 High-range median 1 Telescopic forklifts Boom lifts Loader backhoes Equipment 0-5 years old Equipment 5+ years old Equipment 0-5 years old Equipment 5+ years old Equipment 0-5 years old Equipment 5+ years old Equipment 0-5 years old Equipment 5+ years old Vibratory rollers Equipment 0-5 years old Equipment 5+ years old Hydraulic excavators MFWD Tractors Combines $28,180 U.S. equipment market is rebounding. Road and home building are on the rise, resulting in an increase in construction equipment pricing and demand, especially for compaction equipment, loader backhoes, and excavators. Used construction equipment prices are rising. As of Jan 2014, all construction equipment 175hp and up must be Tier 4 certified. As a result prices for new equipment are rising, and used prices are following suit. Ag equipment prices facing headwinds. Commodity pricing has fallen and the elimination of the Section 179 Deduction in the U.S. could affect used farm equipment prices. Dump Trucks (T/A) Dump Trucks (Tri/A) Articulated dump trucks Strong demand for vocational trucks. Prices have increased due to the construction industry resurgence. Low-range median 3 Median 2 High-range median 1 Low-range median 3 Median 2 High-range median 1 Equipment 0-5 years old Equipment 5+ years old Van trucks Equipment 0-5 years old Equipment 5+ years old Used transport truck sales strong in 2013 and continue into 2014. There is a good market for low-mileage, pre-emission trucks (without particulate filters, urea burners, etc.). Equipment rental is up. There is hesitancy to buy – the economy has improved in the short term but the longer term economic climate is still unknown – and the average age of rental fleets has increased due to increased demand. 1 Top 6 trends in equipment pricing 6 2 4 3 5 6 $39,230 $53,080 $16,500 $21,000 $27,500 $8,750 $23,920 $46,320 $6,096 10,500 $17,500 Low-range median 3 Median 2 High-range median 1 Truck Tractors (T/A) Crawler tractors/dozers Equipment 0-5 years old Equipment 5+ years old Motor graders Equipment 0-5 years old Equipment 5+ years old Motor scrapers Equipment 0-5 years old Equipment 5+ years old Wheel loaders Equipment 0-5 years old Equipment 5+ years old Lowboys Equipment 0-5 years old Equipment 5+ years old Low-range median 3 $140,200 $12,340 Equipment 0-5 years old $33,820 $11,000 Equipment 0-5 years old Median 2 Low-range median 3 High-range median 1 Median 2 Low-range median 3 High-range median 1 Median 2 Low-range median 3 High-range median 1 Equipment 5+ years old Equipment 5+ years old Because every Richie Bros. auction is strictly unreserved – there are no minimum bids – and every item sells for true global market value on auction day, our business offers a unique insight into the true value of equipment and trends in pricing around the world. In business since 1958, Ritchie Bros. is the world’s largest seller of used equipment and trucks. We conduct hundreds of unreserved public auctions worldwide each year. In 2013, we sold US$3.8 billion of equipment for our customers. What your equipment is worth pricing and industry trends Equipment pricing in USD ranges based on worldwide sales at Ritchie Bros. unreserved auctions from March 2013 to March 2014. 1 Of the top 50% of prices recorded, 50% of those were above this number and 50% were less. 2 50% of prices recorded were greater than this value and 50% were less. 3 Of the bottom 50% of prices recorded, 50% of those were above this number and 50% were less. rbauction.com
Transcript of What your equipment is worth - Ritchie Bros. Auctioneers · Commodity pricing has fallen and the...
$27,070$98,900$65,900$197,500High-range median1
$33,270$168,500Median2 $18,260$58,210
Low-range median3
Median2
High-range median1
Telescopic forklifts
Boom lifts
Loader backhoes
Equipment 0-5 years old
Equipment 5+ years old
Equipment 0-5 years old
Equipment 5+ years old
Equipment 0-5 years old
Equipment 5+ years old
Equipment 0-5 years old
Equipment 5+ years old
Vibratory rollers
Equipment 0-5 years old
Equipment 5+ years old
Hydraulic excavators
MFWD TractorsCombines
$28,180
U.S. equipment market is rebounding. Road and home building are on the rise, resulting in an increase in construction equipment pricing and demand, especially for compaction equipment, loader backhoes, and excavators.
Used construction equipment prices are rising. As of Jan 2014, all construction equipment 175hp and up must be Tier 4 certified.
As a result prices for new equipment are rising, and used prices are following suit.
Ag equipment prices facing headwinds. Commodity pricing has fallen and the elimination of the Section 179 Deduction in the U.S. could affect used farm equipment prices.
Dump Trucks (T/A)
Dump Trucks (Tri/A)
Articulated dump trucks
Strong demand for vocational trucks. Prices have increased due to the construction industry resurgence.
Low-range median3
Median2
High-range median1
Low-range median3
Median2
High-range median1
Equipment 0-5 years old
Equipment 5+ years old
Van trucks
Equipment 0-5 years old
Equipment 5+ years old
Used transport truck sales strong in 2013 and continue into 2014. There is a good market for low-mileage, pre-emission trucks (without particulate filters, urea burners, etc.).
Equipment rental is up. There is hesitancy to buy – the economy has improved in the short term but the longer term economic climate is still unknown – and the average age of rental fleets has increased due to increased demand.
1Top 6 trends in equipment pricing
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2
4
3
5 6
$39,230$53,080
$16,500$21,000
$27,500
$8,750$23,920
$46,320
$6,09610,500
$17,500
Low-range median3
Median2
High-range median1
Truck Tractors (T/A)
Crawler tractors/dozers
Equipment 0-5 years old
Equipment 5+ years old
Motor graders
Equipment 0-5 years old
Equipment 5+ years old
Motor scrapers
Equipment 0-5 years old
Equipment 5+ years old
Wheel loaders
Equipment 0-5 years old
Equipment 5+ years old
Lowboys
Equipment 0-5 years old
Equipment 5+ years old
Low-range median3 $140,200 $12,340
Equipment 0-5 years old
$33,820 $11,000
Equipment 0-5 years old
Median2
Low-range median3
High-range median1
Median2
Low-range median3
High-range median1
Median2
Low-range median3
High-range median1
Equipment 5+ years old
Equipment 5+ years old
Because every Richie Bros. auction is strictly unreserved – there are no minimum bids – and every item sells for true global market value on auction day, our business offers a unique insight into the true value
of equipment and trends in pricing around the world.In business since 1958, Ritchie Bros. is the world’s largest seller of used equipment and trucks.
We conduct hundreds of unreserved public auctions worldwide each year. In 2013, we sold US$3.8 billion of equipment for our customers.
What your equipment is worth pricing and industry trends
Equipment pricing in USD ranges based on worldwide sales at Ritchie Bros. unreserved auctions from March 2013 to March 2014.1Of the top 50% of prices recorded, 50% of those were above this number and 50% were less.250% of prices recorded were greater than this value and 50% were less.3Of the bottom 50% of prices recorded, 50% of those were above this number and 50% were less.
rbauction.com
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