Ritchie Bros. Sells $44MM+ of Equipment at Las Vegas Auction



Ritchie Bros. sold more than 2,750 equipment items and trucks for over $44 million at its Las Vegas auction. with approximately 61% of purchases made by online buyers.

More than 6,800 people from 55 countries registered to bid in the two-day Las Vegas sale—this included 5,800+ online bidders. Approximately 86% of the equipment was purchased by buyers outside the state of Nevada, including international buyers from as far away as Japan, Peru, and the United Kingdom.

“With CONEXPO/CON-AGG running concurrently with our auction we expected to see a large percentage of online buyers and were happy to see 24% of online purchases were made through our mobile application,” said Bill Walton Jr., vice president of Sales at Ritchie Bros. “Our Las Vegas auctions held during CONEXPO are always fantastic and this year did not disappoint.”

AUCTION QUICK FACTS: LAS VEGAS (March 2020)

  • Total gross transactional value: $44+ million
  • Amount sold to online bidders: $27+ million
  • Total registered bidders (in person and online): 6,800+
  • Registered online bidders: 5,800+
  • Total lots sold: 2,750+
  • Number of sellers: 495+

Equipment highlights included:

  • 225+ truck tractors
  • 135+ excavators
  • 100+ loaders
  • 70+ skid steers
  • 50+ loader backhoes,
  • 85+ aerial work platforms

Additionally, an unused 2020 Kenworth T880 mixer truck sold for $187,500 and all proceeds from the sale are being donated to St. Jude Children’s Research Hospital, Wounded Warrior Project, Make-A-Wish Foundation, and the Ronald McDonald House in Rochester, MN.

Ritchie Bros. currently has more than 70,000 equipment items, trucks, and other assets listed for sale through its auctions and marketplaces.


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Terry Mulreany
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