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12 February 2019

Euro Auctions Leeds sale posts new records

First publishedon www.AggBusiness.com
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Jonnie Keys, Euro Auctions operations manager
Euro Auctions, Europe’s leading auctioneers of industrial plant, construction and agricultural machinery, hosted its largest ever sale at its Leeds, England, site between 30 January and 1 February - with over 5,000 lots going under the hammer. The stars of the sale were over 750 excavators, creating what was said to be the world’s largest auctioned sale of excavators.


After the three-day event, the hammer total was £42 million (€47.96mn), an increase of over 5% on the same period in 2018. The last three Euro Auctions sales have all been record breaking in some way, however, with this sale the number of lots was the highest on record, in addition to record attendances, record registrations and record number of bidders from across the globe. Online sales are now constantly between 50% and 60%, with strong interest from Europe, Middle East, Africa, Oceania, Caribbean, Asia, South America and North America.

Speaking about what was behind the great interest in the most recent Leeds auction sale, Jonnie Keys, Euro Auctions operations manager, said: “Whilst we have a reputation for selling good quality machinery, and lots of it, we think it’s combination of things. It may be the tip of the Brexit spike, with consignors and buyers disposing of, or acquiring machinery, before the Brexit deadline at the end of March.

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More than 750 excavators were up for grabs at what was believed to be the world's largest auctioned sale of excavators during the Euro Auctions Leeds three-day auction from 30 January to 1 February 2019
“Another factor may be capacity,” continues Keys. “Euro Auctions is expanding the Leeds sale site, and whilst these facilities will not be operational until later in 2019, the entire area is being laid to concreate hard standing, giving us the capacity on sales days to line up and display up to 6,000 lots.


“On Brexit, whatever the outcome may be, Euro Auctions is experienced in shipping machinery and equipment around the globe for many of our clients, both economically and painlessly, so our buyers are bidding with confidence that we can help them get their purchases to where in the world they need to be.”

Notable lots sold, with prices included:

10 tonne excavator:
2013 Hitachi ZX135US-5B 700mm rubber block pads, CV, QH, piped c/w reverse camera
Sold       £35,500                 

20 tonne excavator:
2012 Volvo EC380DL 700mm pads, piped, CV, QH, piped c/w reverse camera, A/C
Sold       £59,000                 

Articulated dump truck:
2013 Volvo A40F 6x6 articulated dump truck c/w Reverse Camera, Tail Gate, Heated Body
Sold       £124,000              

Backhoe loader:
2018 JCB 4CX 4WS turbo powershift, piped, SRS c/w A/C, reverse alarm, extended sipper
Sold       £60,000                 

Dozer:
2005 CAT D5N LGP c/w 6 Way pat blade, Trimble GPS System, A/C (3200 Hours)
Sold       £64,000                 

Screener
2016 Powerscreen Warrior 1800 3-way-split tracked screener     
Sold       £92,500                 

The soon to be opened expanded Euro Auctions Leeds facility will include new workshops, office and main administration centre, auction arena and sales ramp, in addition to a 2,380m² jet wash bay. All this will create the largest auction site in Europe.

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