Plant, Machinery & HGVs May Report

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Plant, Machinery & HGVs May 2018 Report

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Plant, Machinery & HGVs May Report

This month saw another exciting sale with a particularly large entry of equipment. The notable trends for this month were: heightened demand for up to and including 8T excavators and a plentiful supply; a shortage of tractors but a high clearance rate on those that we had entered; extremely strong trade on grounds maintenance and mowing equipment; and a slight dip in the otherwise brilliant trade for large machinery.

We had a huge entry of mini & midi excavators this month and cleared over 95% of them as well as most of the dumpers we offered and all of the rollers. We also had a strong entry of young telehandlers & backhoes which were making good money. The plant which we offered this month has come to us from all over the country and we are fortunate to serve some very high quality & conscientious end users whose equipment is generally well turned out and looked after to a high standard.

This month we weren’t able to offer as many tractors as in the last few months. This usually drives prices up, as bidders have less machines to spread their interest over. We had a great clearance rate and left many vendors stunned by the results we achieved. We saw a massive growth in this section throughout the first third of the year and hope next month to return to this sharp increase in entries.

This was the second month running in which we offered a good selection of large mowing equipment direct from councils & leasing companies across the country. We were also pleased to sell a good number of mowers for grounds maintenance contractors nationwide. Our grounds care section is second to none in the UK auction industry and we attract buyers from all over the world to come and buy some of the highest quality, genuine end of use machines.

Demand for every section in our sale can’t grow every month (unfortunately!) and this month we saw a slight blip in the large machinery. We have enjoyed unparalleled heightened prices for large plant over the last 6 months but this month the trade seemed to have settled a little. Similar machines were making around 3-5% less than one or two months ago. It’s not all doom and gloom for large plant though, we succeeded in selling every newly entered bit of plant over 10T in our May sale!

Some of our highlight results in the mobile plant section were certainly in the row of over 50 mini & midi excavators we offered. 3 x 2015 JCB 8014s made up to £8,000, this is a strong price, last year 3 year old 8014s topped out at around £7,700, we have more of these machines to come later in the year so keep a look out! A 2005 Kubota KX91 sold for £11,500 (over £3,000 more than reserve value). A 2014 JCB 520-40 basic spec telehandler made £21,500 & a 2012 535-95 was £26,000. Rollers all sold well but were in slightly short supply, a 2012 JCB VMT1160 was £6,900 and an old Hamm HD12 was £3,250. Full results can be found freely & easily on our page via the link below. If you would like any estimates for your equipment then don’t hesitate to pick up the phone and speak to us now!

We offered more than a dozen newly entered excavators over 10T and got all of them sold by the end of the day. Topping the list was a 2016 CAT 313F which will go to Bulgaria for £54,500. A pair of 5 year old CAT 320Es made up to £49,500. A 2014 JS130 was £33,800 & a 2011 Komatsu PC130-8 was £26,750. There are plenty of similar results on the full PDF. Despite the fluctuation in market forces we will always endeavour to get the best prices for your machinery and you can relax when selling with us, safe in the knowledge that we run a reserved auction, so you are always in control and won’t get a nasty surprise if trade on the day isn’t as good as you’d hoped!

The stand out tractor result we had this month was the Environment Agency’s 2006 Massey Ferguson 6485. This is the third or fourth identical tractor we have offered for them and so far, has been the most expensive at £33,000. We also had a 2011 John Deere 6330 with a loader from a recycling firm which made £26,000, a very high houred John Deere 6430 made £21,000, good money for a 10 year old machine with high hours! A Landini Power Farm 100 sold for £13,800 and will travel to Scotland for it’s new home. Although John Deere & Massey remain the more popular machines other brands are starting to gain a better following. More results can be found in our results listing, despite the slightly lower entry than last month there are still over 20 results to be seen from the sale.

Our HGV & light commercial section is continuing to grow steadily, this month we offered over 100 vehicles. The clearance rate in this section in always a little less impressive, mostly due to market forces and regular changes in legislation on HGVs. We had a good selection of high value HGVs & commercials this month. The two listed above in the photo, a 2015 Transit crewcab tipper which was £13,000, a 10 year old DAF builders merchant lorry & drag with crane which was £11,200 and a selection of cement mixer lorries, dearest of which was a 2010 Volvo FE320 which sold for £8,500. The value in this section has grown steadily since early last year as we take on more and more vendors and deal in higher quality vehicles. Get in touch now to discuss how we could help you dispose of your vehicle fleet.

7 x 6 year old remote controlled McConnel flail mowers came to us this month and were sent back away for up to £16,800! These weren’t the only exciting results from the grounds care equipment we offered. A Forst ST8 trailed chipper was £11,800, 2 x 2015 Ransomes HR300 flail mowers made up to £9,300 and a Conver C480H weed boat was £10,000. Utility vehicles & quad bikes were also in high demand this month. A 2011 Kubota RTV900 made £9,000, this was a flawless example of a high quality machine. A 2014 Polaris Ranger was £4,800 & a 2013 JCB Workmax 100D was £4,200. We had a good selection of EzGo golf buggies which made strong money; £1,600 for petrol examples, £1,400 for electric ones. Head over to the full results PDF to see the list of prices fetched for loads of other council & contractor entered machines.

General farm machinery & trailers had some great trade throughout the day. We had several £5k+ sales including a 2014 Case RB455 baler for £10,300, a 2013 Hi Spec VF mixer for £9,200 & a 2013 McHale 998 square bale wrapper for £7,000. A Bailey 8T dump trailer sold for £5,500, this example looked well worked for a 6 year old piece of kit. We also had a privately entered 16.5ft catering trailer which made £9,000.

This month was the second month of offering a selection of hand held plant for online bidding and it was another successful day here. We had bids from all over the world on strimmers, chainsaws, still saws & all other types of hand held machinery. These aren’t featured in our results table however you can get in touch with us to discuss values of your equipment and we will advise you of similar results in our experience.

Our next auction is now on the 8th June and we already have some great machines booked in. Our catalogue for this sale is available online now and we can assist with any enquiries you might have about machines which are being offered in this sale. I would love to hear from you if you run a fleet of machines or vehicles and would like to talk about your options for disposing of end of use assets. Nothing is too much trouble for us here so ask about how we can help you settling finance agreements, organise haulage, prep machines for sale or advance funds to ease your cash flow prior to the auction.

Links to full results & next sale catalogue can be found below, alternatively pick up the phone and give me a call any time on 07969 410777!

Full May sale results: https://www.brightwells.com/media/4131/may-2018.pdf

June sale catalogue: https://www.brightwells.com/plant-machinery-hgv/auctions/june-plant-machinery-hgv/catalogue/