IronPlanet planning UK auction

IronPlanet is holding a machine auction in the UK for Cat Auction Services. The event will be hosted by Finning UK & Ireland. The auction will take place on Tuesday 18th October at Rockingham Motor Speedway, Northamptonshire. The event is aimed at buyers of heavy used equipment from the UK and other international markets. The on-site auction event will also be supported by IronPlanet’s online marketplace, which allows bidders to participate online from anywhere across the globe.
October 6, 2016 Read time: 2 mins

714 IronPlanet is holding a machine auction in the UK for 2294 Cat Auction Services. The event will be hosted by 1413 Finning UK & Ireland. The auction will take place on Tuesday 18th October at Rockingham Motor Speedway, Northamptonshire. The event is aimed at buyers of heavy used equipment from the UK and other international markets. The on-site auction event will also be supported by IronPlanet’s online marketplace, which allows bidders to participate online from anywhere across the globe.

IronPlanet’s first UK auction in April attracted 17,580 prospective buyers both physically on-site and through IronPlanet’s online platform. All 176 items that were up for auction sold, generating around £4.9 million in gross merchandise volume.

Felipe Fernández-Urrutia Massó, vice president of European Sales at IronPlanet, said, “The success of our previous Rockingham auction was unquestionable, and reiterated what we already knew – that the demand for heavy used equipment – both in the UK and overseas – is steadily climbing. The pick up from the Spanish, German, Sweden and Irish markets in particular has continued to grow, and I am excited to see how this will translate for the upcoming auction this autumn.”

Each machine will be showcased on IronPlanet.com in advance of the October auction, and buyers who are unable to attend in person can bid online in real-time.

During the preview period before the auction, PriorityBids can be placed to give buyers a better chance of winning their items. Each unit will also be backed by IronPlanet’s equipment inspection certification and inspection reports, which detail the condition of the machine to its potential buyer.

Bidders will also be able to view detailed inspection reports ahead of the sale. For buyers unable to be physically present for this auction, there is the option to use IronPlanet’s new Livestream service. This allows buyers to both hear and see the auctioneer in real-time from anywhere in the world.

Finance & Funding

For more information on companies in this article

Related Content

  • SMOPYC 2017 show organisers report strong attendance
    June 7, 2017
    The organisers of the 17th SMOPYC construction equipment show in Spain report strong attendance, both from exhibitors and show visitors. The event was held at the Feria de Zaragoza from 25th to 29th April, attracting 55,317 visitors to the fair. SMOPYC provided a key meeting place for the Spanish construction machine market, with over 65,000m2 of exhibition space for 870 exhibitors, of from up to 49 different countries.
    Read More
  • JCB’s hydrogen engine landmark
    January 13, 2025
    JCB has made a major step forward with its hydrogen engine.
    Read More
  • Euro Auctions completes new Leeds facilities in the UK
    May 2, 2019
    Euro Auctions reports that its revamped facilities at Leeds in England are nearing completion including a new auction arena and sales ramp. Other improved areas include new workshops, office and main administration centre and a 2,380m² jet wash bay. When fully finished Euro Auctions says the Leeds facility will be the largest auction site Europe and ready for an event this summer. Euro Auctions also reports that it has recently been instructed by administrators at Grant Thornton to dispose of the asse
    Read More
  • Success of ECED dealers'conference
    April 11, 2012
    ECED's first Dealers' Conference in April during Intermat resulted in "a tremendous success and solid future outlook for the association" The president of the European Confederation of Equipment Distributors (ECED), Dr. José Gameiro, said the gravity of the current crisis is "the worst in the past 50 years, with a devastating effect on equipment distribution for public works and civil construction." Describing the foreseeable consequences for the equipment sector, he estimated that "up to 20-30% of Euro
    Read More

Highlighted Content