Plant, Machinery & HGVs February Report

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Plant, Machinery & HGVs February Report

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Plant, Machinery & HGVs February Report

Our second sale of 2020 has shown a solid growth in trade so far. All aspects of the sale were up on January. This is our first sale after having officially left the EU, and it did not seem to affect the foreign buyers. We sent a large proportion of lots overseas and welcomed many new customers from all over the world.

In our plant section we had several large, direct consignments from national hire fleets & finance companies. Our arrangement with SHB & Enterprise holdings has got off to a great start and we made great money of many of their machines including tractors & telehandlers. It’s a real honor working with some of the biggest hire fleet names in the country. This month the telehandler row seemed fit to burst, there was a fantastic range of makes, models & sizes here, with a machine to suit any job and any budget. Our excavator row is continuing to grow steadily & we had another huge clearance rate. Dumpers & rollers also sold well, and we saw many comparable examples increasing in value over the last few months. Large plant is still hard work to sell, however prices did seem a little up on last month and we had a good number of sales made. Next auction will see some cracking lots, some of which are already here & listed on the catalogue.

This month saw some really smart, high value tractors. We were extremely happy to receive entries from a local John Deere main agent which got away for some great values. These added nicely to the 2 x 2019 Masseys which were consigned by Enterprise holdings. We had tractors delivered to us from all over the country this month and some highly genuine, end of use examples, alongside some good solid dealer entries. Our eclectic mix of agricultural workhorses never fails to bring the largest crowd of the day and there’s a real buzz as the hammer is dropped again and again.

We have again extended our HGV section, we are now catering for around 150 entries per sale. This month we had a lovely high value row of over 50 vehicles direct from Hitachi, Mercedes, Enterprise, Suez & the RNLI. These fine vehicles brought out some powerful lorry dealers and we saw some great bidding battles, top prices & amazing clearance rates. There was a good contingent of 18T curtain side, box & fridge lorries, as well as road maintenance vehicles & more. Many of the lots were a lot younger than we would usually see. Dozens of 4-8 year old vehicles were offered and sold very well.

In our sundry section we offered a huge number of golf buggies on behalf of finance companies & national hire fleets. These shocked the crowds… they sold for cracking values and we are now starting to row up the next batch ready for the next day of selling.

We continue to see more farmers looking to us to find genuine & tidy agricultural machinery & implements. We had some high quality, serviceable kit entered & smashed a lot of reserves. In order to make more space for vehicles in the sale we have moved our agricultural trailers to be part of the agricultural implements row. This appears to have been well received & there were plenty of buyers present & good prices fetched. Mornings & nights are definitely getting lighter now which can only mean one thing… spring is coming! And with the spring will come a high demand for mowing equipment.

Overall we have had a great start to 202 here. We also unrolled a new software package this month to help with our accounting, invoicing & reporting. This went well & we will now be much more able to analyze trends in the market & report results in a clear and simple way.

Our next plant & machinery auction will be held on the 13th March and we are now looking for entries… Get in touch with us for advice and info on selling your machinery here, or using our remote & online sales services.

Below are links to our next auction catalogue & the results table, take a look & give us a call…

March catalogue: https://www.brightwells.com/plant-machinery-hgv/auctions/march-plant-machinery-hgv/catalogue/

February results: https://www.brightwells.com/media/6215/february-2020.pdf