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

  • Hyundai Heavy Industries Europe announces encouraging 2013 sales
    February 13, 2014
    Hyundai Heavy Industries Europe (HHIE) sold 3% more Hyundai construction equipment across Europe in 2013, compared to 2012. In the UK market, it was the heavy line crawler excavators (14tonne – 80.5tonne) that showed the most impressive growth performance – 308 were sold in the UK in 2012 and in 2013 a total of 522 machines were sold, which equates to a 69.48% increase in units sold. This increases the market (comparable products from construction equipment OEM’s) in the UK from 8.34% in 2012 to 12.69% in
    Read More
  • Special purpose add-ons for demolition excavators
    February 16, 2012
    Long reach demolition excavators are now special purpose machines, Dan Gilkes reports. The majority of construction equipment manufacturers offer a range of demolition specific machines, built to meet the needs of a sector of the industry that works its plant harder than most.
    Read More
  • Special purpose add-ons for demolition excavators
    April 13, 2012
    Long reach demolition excavators are now special purpose machines, Dan Gilkes reports The majority of construction equipment manufacturers offer a range of demolition specific machines, built to meet the needs of a sector of the industry that works its plant harder than most. Reinforced structures, additional hydraulic services, cab and body protection, dust suppression and additional engine air cleaners are just some of the standard alterations required by the demolition contractor. For many years exca
    Read More
  • JCB wins US$56.8million of new orders
    July 20, 2012
    JCB has secured an order for 550 machines worth £16 million from A-Plant, one of the UK’s leading rental firms. The order is part of a phased investment programme which has seen the plant hirer buy a total of 1,089 JCB machines in the last nine months. The latest order includes more than 400 mini and midi excavators, including 50 JCB 8085 eco midi excavators, said to be 27% more productive and more than 20% more fuel efficient than the model it replaced. The deal also includes Loadall telescopic handlers
    Read More

Highlighted Content