10,400+ bidders from 59 countries—up 37% YOY
We conducted our final Orlando, FL auction of the year last week, selling more than 3,300 equipment items and trucks for 375+ consignors, generating US$45+ million in gross transaction value.
The November 17 – 18, 2021 online auction attracted 10,400+ bidders from 59 countries. Approximately 93% of the equipment was sold to U.S. buyers, including 35% sold to Floridians, while the remaining 7% was purchased by international buyers from as far away as Vietnam, Peru, and Poland. Leading up to the auction, we saw a 50% increase in online equipment views.
“We continue to drive record demand—with bidder registrations up 37% year over year for this auction—resulting in very strong returns for our consignors and growth in GTV,” said Thomas Ferguson, Regional Sales Manager, Ritchie Bros.
“Truck prices have reached unprecedented levels in particular this year. According to our November Market Trends Report, truck tractor prices are up 45% year over year in the United States (for the 3 months ending Oct. 31, 2021). If you have surplus trucks and equipment, contact us today to take advantage of a very hot market, selling through one of our site auctions,weekly featured events, Marketplace-E, or Ritchie List.”
Mr. Ferguson continued, “We would like to thank all the consignors and buyers who participated in our Orlando auctions in 2021. We look forward to seeing customers in person for our live onsite sale on February 21 – 26, 2022. This is our premier global auction each year and the 2022 event should not be missed.”
Five big sellers from Orlando
2018 Wirtgen W200I crawler cold planer – US$420,000
Three 2019 Caterpillar 730 6x6 articulated dump trucks – US$325,000 each
2019 Caterpillar 336 hydraulic excavator – US$220,000
2017 Freightliner CA125SLP Cascadia sleeper truck tractor – US$112,000
2019 Volvo VNL760 sleeper truck tractor – US$105,000
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