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Q UICK DATA by Marcia Gruver Doyle Backhoes A snapshot of new and used sales trends from Randall-Reilly’s Equipment Data Associates and TopBid auction price service. 27 Auctions % Auction Prices, 2006-2011* 50000 $ 47,060 45000 $ 29,207 40000 of all 2011 YTD new ﬁnanced backhoe sales were in the 35000 30000 25000 West South Central Trend prices for the top 10 backhoe models sold at auction, not seasonally adjusted. 20000 15000 10000 region – Texas, Oklahoma, Arkansas and Louisiana. During the 2004-2006 economic peak, the Paciﬁc and South Atlantic regions topped backhoe charts. 5000 2011-09 2011-05 2011-01 2010-09 2010-05 Top 2011 auction price, paid for a 2008 Cat 420E IT, sold by Alex Lyon & Son Auctioneers on Feb. 3 in Kissimmee, Florida. Top ﬁnanced model in 2011 YTD AVERAGE 75,000 $ 2010-01 2009-09 2009-05 2009-01 2008-09 2008-05 2008-01 2007-09 2007-05 2007-01 2006-09 2006-05 2006-01 0 Deere 310J 2011 ﬁnal bids, LOW 2011 2010 2009 2008 Number of units NEW 2007 Oct 10Sept 11 USED 2006 Oct 09Sept 10 25,000 20,000 15,000 10,000 5,000 2,500 2005 4,676 2004 6,294 2003 Number of units 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. 2002 In the past two years, year-overyear used ﬁnanced machine sales saw a 26 percent drop in the October-toSeptember period. 7,000 6,000 5,000 4,000 3,000 2,000 1,000 500 2001 Source: TopBid Year-over-year used backhoe sales* HIGH 14-foot-dig-depth and higher machines *Financed ﬁlings as of Nov. 30, 2011. Source: EDA EquipmentWorld.com 17

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