Leasing Life, in collaboration
with Tallon & Associates, publishes a monthly analysis of data
on the demand for used assets. This month we look at the
performance of assets in the construction sector in the 12 months
to October 2008.

Tracked dozers

  • General demand reducing due to decline within the construction
    sector.

Tracked excavators (1 – 10 tonnes)

  • Demand reduced by circa 30 percent in past 12 months, mainly
    caused by the state of the current UK housing sector and reduction
    in ground works for new projects.

Tracked excavators (10 – 21 tonnes)

  • Again demand reduced significantly due to decline in
    housing/construction sector.

Tracked excavators (21.5 + tonnes)

  • UK demand reduced over the past 12 months.
  • Increase in demand for export from Europe and the Middle
    East.

Articulated dump trucks

  • Demand slowed gradually throughout the year with the continued
    reduction in the UK construction sector and a reduction in the
    export market.

Wheeled loading shovels

  • Generally no major changes in demand for the wheeled shovels,
    although the overall trend is negative.
  • As with most construction plant, leading manufacturers
    machinery will sell quicker than second tier equipment.

Site dumpers

  • Continual and rapid reduction in demand throughout the year due
    to the general slow down in the house and small contract building
    sector.

Directional drilling

  • A continually weak UK market, which is showing little if no
    improvement in the coming months due to limited operational
    requirement.
  • A large quantity of second user machines are available on the
    US second user market place due to major downturn in the cabling
    sector.

Construction sector: percentage change in demand from October 2007