Quick Data is a snapshot of new and used compact excavator sales trends from Randall Reilly’s EDA equipment financing data, TopBid auction price service and EquipmentWatch market trend reports.
Sales of new and used financed compact excavators were down year-over-year from July 2021 to June 2022, as the U.S. construction equipment market continues to wait for supply chain improvements to trickle down, according to Randall Reilly’s EDA equipment financing data.
Financed new compact excavator sales were down 3.3%, while sales of financed used machines were down 1.3% during the same comparative time period.
In an August call with investors, Caterpillar CEO Jim Umpleby said the company has yet to see a return to normalcy from its material and components suppliers, Industry Week reported. "It's still hand-to-hand combat. It changes from component to component. One day, it's one issue. One day, it's another issue. But at the macro level, we have not seen an improvement."
Of all manufacturers, Cat sold the highest volume of financed used compact excavators during the period. The top-selling used models included the Deere 35G, Cat 308E2 CR SB and the Cat 305E2 CR.
Looking at new models, Kubota sold the most units. At the date we examined the data, the top-selling models were the Kubota KX040-4, Deere 35G and Kubota KX057-5.
Equipment World; Data: EDA