Strong demand for tractors at plant sale

Thainstone Centre attracted more than 2,000 attendees last weekend for the second Saturday collective sale of the year last week, with the top-priced items at the auction emerging from the tractor and plant class.

Wednesday, 21st March 2018, 2:52 pm
Updated Wednesday, 21st March 2018, 2:53 pm
Top-selling item from the sale was this 2007 John Deere 6930 premium tractor which fetched £26,500

Mark Barrack, head of Thainstone Specialist Auctions, said there had been “a fantastic turnout of buyers, sellers and spectators” who attended the sale despite the wet weather .

He commented: “Strong prices were achieved yet again across all classes of equipment – particularly for tractors and plant, heavy commercials and light commercials and 4x4s.

“Demand remains stable and strong as there is a consistent desire among buyers to purchase high-quality used equipment and machinery, and we are confident that these auctions held early in the year will set a fantastic precedent for the success of the collective sales in the months to come.

“This sale saw a notable increase in online bidding via our online platform, iBidder, as this platform is globally advertised, easy to use and a great alternative for participating in the sale for those who can’t attend on the day in person. Throughout this sale, 84 bidders hailing from the UK and Ireland, as well as the Czech Republic and South Africa were registered online.

“This trend is a reflection of the confidence buyers have in our online bidding system and the growing importance that technology plays in large, multifaceted sales of this nature.”

Of the 2,352 lots available for purchase, 1,920 items were successfully sold at auction, resulting in an 82% sale conversion rate. The top-selling item was a 2007 John Deere 6930 premium tractor in the tractor and plant class, which realised £26,500. Also in the tractor and plant class was the second highest-selling item – a 2011 Doosan DX80 8T excavator which sold for £21,000.

A 2016 Nifty lift 120 cherry picker achieved £20,000 at auction, followed by a 2010 Doosan DX140LC 14T excavator that sold for £19,000.