Used equipment and machinery market continues to flourish in Thainstone online auction
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Auctioneering companies, Thainstone Specialist Auctions and Aberdeen and Northern Marts (divisions of ANM Group) held their monthly live online collective sale at Thainstone Centre including a timed online auction of building and industrial equipment.
A total of 1575 lots were entered into the auction and an 81.4 per cent clearance rate was achieved.
Leading prices included a 2015 CAT 316EL tracked excavator which sold for £20,000.
A 2012 Merlo P40-17 telescopic handler from the tractors, telehandlers and plant equipment sold for £15,600.
In the small plant and ground care category a 2011 JCB 8018-CTS Gravemaster mini slew excavator achieved £8600 and within the vehicles, 4x4’s and commercial vehicles section a 2015 Toyota Hilux Invincible D-4D double cab sold for £11,200.
A Vicon RV2160 round baler sold for £4000 in the implements and small agricultural equipment section and an Ifor Wiliams TA510 14’ tri axle livestock trailer c/w sheep decks from the trailer section sold for £4150.
Mark Barrack, senior auctioneer and head of Thainstone Specialist Auctions, said: “We continue to see strong demand in the used equipment and machinery market, with consistently high sale clearance rates it seems this trend will continue through to the end of the year.
"This month the collective sale saw 588 bidders joining the sale from across the UK, Ireland, and Europe. By providing sellers the opportunity to reach the widest possible audience via our online platforms and offering buyers multiple viewing days ahead of the auction, as well as fair and transparent bidding, entries reach the widest possible network of buyers.
"Looking ahead, we would encourage customers looking to maximise the true value of their surplus or underutilised business assets, to please contact the team on 01467 623770 to discuss your entries.”
The next Thainstone online collective sale will take place on Wednesday, October 18 with entries being accepted from Monday, October 9 to Thursday, October 12.
