An analysis of over 200,000 equipment listings collected by EquipmentWatch, a specialist in heavy equipment prices, reveals a strong upward price trend in the online resale market for skid steer loaders. The average monthly asking price for the five most popular size classes of skid steers increased by a weighted average of 10.3% from August 2012 to August 2014, with the two most popular size classes increasing by 16% and 11% respectively. Although a modest increase in prices was witnessed between 2012 and 2013, the majority of these gains have occurred over the past year, with a notable acceleration beginning in February 2014.
Breaking down the data by manufacturer yields further insights into the state of the market for used skid steers. Though it is only the seventh most represented OEM based on total postings, JCB commands the greatest premium over the size class monthly average prices used to create the indices described above, with individual models listed on average at a price 20% greater than the typical model in their size class. Though there were not enough listings for it to be included in the following charts, Terex was notable as the only other OEM in the sample with a similarly high price premium. Gehl and New Holland are the most modestly priced of the seven top makes, with prices that average 93.7% and 89.5% respectively of similarly sized models. The data indicate that Bobcat machines have been the most prevalent in the online resale market over the past two years, representing 24.6% of total postings, and have been the most standardly priced relative to comparable models throughout the sample window.