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Auctions
EURO AUCTIONS DELIVERED ANOTHER POPULAR SALE AT ITS DROMORE SITE
Euro Auctions again saw immense customer interest and demand for its recent two day unreserved used equipment auction at its Dromore site in County Tyrone.
“Our auction site in Dromore continues to draw real crowds, with bidders from over 40 countries registering for the recent end of April sale,” stated Jonnie Keys, Euro Auctions’ Operations Manager. “Approaching 400 interested buyers registered interest in the sale, over 50 of whom were first time bidders, and all were looking to secure one or more of over 1200 quality used and some new equipment lots. “These lots had been consigned to this auction by approaching 200 vendors; and more than one in ten of them were also using our sales services for the first time. All our auctions around the globe are unreserved and extremely popular with buyers who can always be confident that they will get quality, dependable equipment and that if theirs is the highest bid, it’s theirs.” Significant interest in the late April auction in Dromore came from the UK and Ireland which together accounted for almost £3.5m towards the hammer total; with other significant shipments also going to Belgium, the Netherlands and the USA. Following on from the top five were buyers from Spain, Canada, Poland, Australia and Romania, all placing the winning bids on further key pieces of equipment. “We regularly ship consignments across Europe from the Dromore auction and often to the other side of the world where it is put back into service by the successful buyers. Euro Auctions provides the complete service, from initially liaising with consignors to get the equipment to the sales site, to helping prepare it for sale and ensuring that the machines are both presented in the best possible way, and with all the right paperwork in place. We then actively market to a database of over 150,000 potential and interested bidders. We also give them an opportunity to inspect the machinery and when they place the winning bids can then help them arrange shipment and delivery to where it’s needed.” He added: “We’ve a busy auction schedule over the next couple of months with auctions taking place at almost all of our sites around the globe including the next sale in Dromore that will take place June 20-21 and is already building a strong inventory of new equipment to be sold.”
£70m hammer for Euro Auctions
Euro Auctions recorded its biggest UK sales week in the history of the company, hosting the now famous Leeds sale on 20th 21st and 22nd March, in addition to the Hawk disposal sale on the 14th & 15th with total sales exceeding £70 million.
There are not many auction specialists in the UK, or Europe, that could have achieved what Euro Auctions achieved in hosting two specialist sales in two locations in the UK with the logistics of getting the equipment ready for sale, attracting an international audience, whilst achieving strong prices across all ranges. The now famous sale at its flag-ship depot just outside Leeds repeatedly catalogues approximately 5,000 pieces of construction plant and agricultural machinery for sale. The three-day Leeds sale in March recorded a hammer of just over £40 million and 4,733 lots sold, from over 450 vendors from 25 countries around the world and 10% of those vendors selling for the first time. Add to that the Leeds hammer total, the results from the eagerly awaited Hawk Plant Hire sale in the same seven days, on 14th and 15th April, where the overall hammer total was £30 million, a staggering £70 million of machinery was sold. Such was the sheer size of the auction and the numbers of ranges of equipment, makes and models presented for sale in Leeds, Euro Auctions amassed and displayed the most comprehensive range of excavators, again breaking the previous record set in January. With 808 excavators up for grabs, what were the numbers? - 306 mini diggers - 148 wheeled excavators - 92 six tonne excavators - 39 twenty tonne excavators - 223 ten tonne excavators What did buyers and sellers like about this sale? “Whilst we have a reputation for selling good quality machinery, and lots of it, we think it’s a combination of things,” explains Jonnie Keys, Euro Auctions Operations Manager. “We have a global network, and our loyal buyers have confidence that Euro Auctions will present good quality, late, low hours equipment and machinery at our regular Leeds auctions. This in turn gives our consignors the confidence to send stock to the Leeds sale from all over Europe and even further afield. In addition, the expansion of the Leeds site is allowing us to display more equipment at each sale, with around 5,000 lots going over the ramp making this auction being the biggest in Europe.”
Worldwide Auctioneers of Construction & Agricultural EquipmentIN CONJUNCTION WITH VALUATION SERVICES IN CONJUNCTION WITH VALUATION SERVICES IN CONJUNCTION WITH VALUATION SERVICES FULL SITE CLEARANCE ON BEHALF OF THE ADMINISTRATORS AND OTHER FULL SITE CLEARANCE ON BEHALF OF THE ADMINISTRATORS AND OTHER FULL SITE CLEARANCE ON BEHALF OF THE ADMINISTRATORS AND OTHER FINANCIERS OF DCHL (Dawnus Construction Holdings Limited) FINANCIERS OF DCHL (Dawnus Construction Holdings Limited) FINANCIERS OF DCHL (Dawnus Construction Holdings Limited)
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