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Equipment News: Kubota retains its position as the top financed compact track loader according to EDA data from April 2023 to March 2024.1
According to a recent report by Equipment World, EDA data shows that the compact track loader category was the largest segment of new and used equipment purchases financed over the past year. Compared to the prior period, sales of compact track loaders rose by 9.2%, which resulted in a total of 48,210 new CTL units being financed from April 2023 to March 2024.
Of these CTLs, 26% were Kubota machines, earning Kubota a repeat position as the #1 brand on the board for new financed CTL sales. Kubota’s top three sold and financed machines over the period were the Kubota SVL97-2 with 1,903 units; Kubota SVL97-2HFC with 1,350 units; and Kubota SVL75-2HFWVC with 1,282 units.
During the period, used financed CTLs also were on the rise, noting a 2.1% increase. This brings the total of used CTL units financed from April 2023 to March 2024 to 16,813 machines. 827 of these units were sold and financed here in Tennessee, earning our state a spot as third in the nation for states with the most used CTLs sold and financed.
At Coleman Tractor, we are proud to offer our customers Kubota equipment that is known across the nation for being dependable, durable, and user-friendly. To learn more about Kubota’s compact track loaders and construction equipment, visit us in person or online at colemantractor.com.
1. Source: Equipment World, “Quick Data: Top-Selling Compact Track Loaders in 2024” by Jordanne Waldschmidt. Jun 18 2024. www.equipmentworld.com