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

  • Hargreaves takes full Cat fleet
    November 12, 2012
    Hargreaves has made history by becoming the first mining project in Europe, Africa and the Middle East to invest in a total solution from the newly extended Caterpillar mining range. The seven year US$94.02million (£60mn) deal with Finning Equipment Solutions includes four new Cat 6030 hydraulic excavators and 19 777 Off Highway trucks, delivered earlier this year to the new Hargreaves’ Surface Mining Division for use at the Tower Colliery open cast mine site in Hirwaun, Rhondda Cynon Taff, South Wales. Fol
    Read More
  • Hargreaves make history with US$94.02mn Cat fleet deal
    June 22, 2012
    Hargreaves has made history by becoming the first mining project in Europe, Africa and the Middle East to invest in a total solution from the newly extended Caterpillar mining range. The seven year US$94.02million (£60mn) deal with Finning Equipment Solutions includes four new Cat 6030 hydraulic excavators and 19 777 Off Highway trucks, delivered earlier this year to the new Hargreaves’ Surface Mining Division for use at the Tower Colliery open cast mine site in Hirwaun, Rhondda Cynon Taff, South Wales.
    Read More
  • The IRF chairman delivers his message
    August 25, 2016
    IRF Geneva chairman invites you to attend the World Road Meeting - 14–17 November 2017 , Delhi, India. in view of the growing demand for road infrastructure andmobility, and the increasing importance of India as a market for road infrastructure and services, India is a befitting venue for this mega event. The theme of the 18th WRM is “Safe Roads and Smart Mobility: The Engines of Economic Growth.” WRM 2017 will bring together representatives of business, industry, governments, public sector organisat
    Read More
  • China gears up for its giant CICEE construction equipment show at the Changsha exhibition centre in May 2023
    January 19, 2022
    China has announced that its CICEE International Construction Machinery Exhibition will be held from May 12-15, 2023 in Changsha, and forward bookings are looking very strong.
    Read More

Highlighted Content