The recent one-day sale hosted by Euro Auctions at the permanent auction site in Brisbane, attracted much interest from the home market as well as interest right across the Pacific Rim.
Held behind 'closed doors' the recent Euro Auctions live online auction in Brisbane on 19th November, attracted an enthusiastic international audience, as well as consignors coming from Australia, Malaysia, Singapore, China, GB, Italy, Canada and India, many of which were first time sellers in Brisbane confirming the support this sale is getting.
With a hammer total of $3,983,545 the sale attracted 20% more bidders than the same sale in November 2019, proving the appetite for good quality used equipment is still strong, which has been evident throughout 2020 and the Covid pandemic. 30% of all bidder accounts were first time registrations of which 20% successfully bid on and purchased machinery, suggesting Euro Auctions, Brisbane attracts serious buyers. However, it was the home audience that was successful in the final bidding, with buyers from Australia and New Zealand snapping up the bulk of all lots.
This suggests that imports of new machinery, which were on hold during the pandemic, are still not reaching buyers. Or, are buyers preferring the value of purchasing good used equipment for new construction projects.
Craig Hart, Euro Auctions Territory Manager for Queensland, "Covid has dictated a change in the way we conduct the sale, being live, online and behind closed doors, however prices have been strong, and activity brisk. Consignors are ever committed to the recent and upcoming sale, and equipment has been arriving for this sale since the last auction in August."
"A small team of staff from the Brisbane site, plus the local territory managers assisted our auctioneers to make this sale possible. The auctioneers conducting the sale were from our sister company Yoder & Frey HQ in Ohio, who, live and in real time from the USA conducted the sale, with chief auctioneer Lucas Schneider officiating over the proceedings. This is a really slick technical sale with our IT teams making the whole sale possible." Concludes Craig Hart
Euro Auctions sales are unreserved meaning all lots are sold on the day to the highest bidder. There are no minimum bids; no reserve prices and no buy backs. Bidders can register for a free account and start to save searches, adding items to a watchlist. Prospective buyers need to obtain a bidding number, which enables the customer to bid online using the Euro Auctions secure bidding platform during the live auction or by way of a 'Pre-bid' leaving a single maximum bid in advance of the auction.
November Auction - prices were strong, notable lots sold in AUD $
20 T Excavators
2018 Kobelco SK380XDLC-10 600mm Pads $225,000
Kobelco SK350LC-8 600mm Pads, Piped, A/C $202,000
2020 Doosan DX225LC 600mm Pads, Piped, CV, ROPS, Safety Rails, $156,000
10 T Excavators
2020 Doosan DX140 LC 600mm Pads, Blade, Piped, CV, ROPS, Safety Rails, $141,000
2014 Kobelco SK55SRX Rubber Tracks, Blade, Piped, Aux Piping, Hyd QH, Hrs 2,241 $36,500
2015 Yanmar VIO55-6B Rubber Tracks, Blade, Piped, Offset, Hyd QH, Hrs 3,561 $37,500
2011 Yanmar VIO55-5B Rubber Tracks, Blade, Offset, Piped, Tilt Bucket Hrs 6,320 $27,000
Skid Steer Loaders
2018 CAT 289D Tracked Skidsteer Loader, Bucket, EROPS, 2 Speed, Hrs 1,320 $70,000
2014 Bobcat S650 Skidsteer Loader, 4
2014 CAT D8T Angle Blade, Multi Shank Ripper, A/C (Hour Meter Shows 5,388) $361,000
2020 CAT D6K XL 6 Way Pat Blade, Multi Shank Ripper, A/C $300,000
2003 Caterpillar D5N 4 Way Blade (Hour Meter Shows 5,280) $50,000.00