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Ritchie Bros holds largest auction at UK site

At an unreserved public auction in Donington Park, County Leicestershire, England, Ritchie Bros Auctioneers sold over 890 heavy plant equipment items, tractors and trucks, making it the largest sale to date at its UK auction site. The company’s fifth auction in Donington Park attracted more than 580 on-site and online bidders from 61 countries. All items were sold on auction day to the highest bidders without minimum bids or reserve prices. “We’ve seen the number of sellers double at our most recent Doningt
July 25, 2013 Read time: 2 mins

At an unreserved public auction in Donington Park, County Leicestershire, England, 645 Ritchie Bros Auctioneers sold over 890 heavy plant equipment items, tractors and trucks, making it the largest sale to date at its UK auction site.

The company’s fifth auction in Donington Park attracted more than 580 on-site and online bidders from 61 countries. All items were sold on auction day to the highest bidders without minimum bids or reserve prices.

“We’ve seen the number of sellers double at our most recent Donington Park auction,” says Rupert Craven, UK and Ireland sales director, Ritchie Bros Auctioneers.

“The sustained high level of utilisation in the UK rental fleet has stimulated rental businesses to review their fleets, invest in new equipment and sell parts of their inventories. There’s a particular appetite in the market for good quality used ex-rental equipment, which makes an unreserved Ritchie Bros auction a great place to turn equipment into cash at fair market value.”

Bidders were able to join the Donington Park auction in person or live over the internet, with online bidders becoming succesful on 32% of the items sold.

“The auction was easy to follow and the detailed equipment information on the Ritchie Bros. website was helpful in my preparations,” says first-time buyer Daniel Hayes from Manchester-based building developer Branley Homes, who personally inspected the items of his interest before the auction.”

Auction highlights included an unused 2013 6512 Hitachi ZX280 LC-3 hydraulic excavator which sold for £119,000; a 2012 Hitachi ZX210LC-3 hydraulic excavator (£75,000); a 2011 JCB JS220LC hydraulic excavator (£51,000); two 2012 395 Caterpillar 307D midi excavators (£41,000 each); two 2011 633 JCB 535-95 telescopic forklifts (£33,000 each); unused 2012 433 John Deere 6140R tractor (£59,000) and unused 2012 John Deere 6105R tractor (£46,000).

The next auction in Donington Park will be held on Tuesday, 1 October 1, 2013.

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