Yes I did see the Houston auction. Incredibly cheap for all terrains cranes. The bigger rt's and truck cranes weren't as bad, small rt prices weren't pretty either.
2008 115 ton gmk $295,000
2006 115 liebherr $310,000
2002 x 2 170 ton liebherr's $250,000 & 275,000
2006 165 gmk $365,000
2003 & 2002 240ton gmk $320.000 & $340,000
The gmk 240's are usually listed between $600- 800,000
that 2008 gmk should also be 7-800,000
And the 2006 165 should be there in price too.
Some banker is crying this morning, or a investment group (they own some of the big players in the crane game)
They've probably somehow got uncle sam backing the notes, small business improvement loans etc. So rejoice everyone, we all probably lost a couple million yesterday.
Too many large cranes sitting around with the oil slowdown, and no buyers. This year, I could have justified the 170-240 ton crane. I turned down enough work in my regular area for one, that I could have made the payments. Honestly though, I don't have the manpower or the trucks and trailers, or the $ to afford them and the crane.
The 115 ton, and maybe the 165 would be the top end of what I could handle. Nobody had a extra $300,000 laying around for me did they? Maybe a extra thick mattress?