Ritchie Bros. sold more than 2,700 equipment items and trucks for 400 consignors, generating more than C$51 million ($41 million) in gross transaction value at a recently held three-day unreserved auction in Grande Prairie, AB.
The auction was held from Nov. 22 to Nov. 24 and attracted more than 10,000 bidders from 47 countries. Approximately 96% of the equipment was sold to Canadian buyers, including 49% to Albertans, while the remaining 4% was purchased by international buyers from countries such as India, Vietnam and Ukraine.
“We had a great selection of late-model, low-hour assets in Grande Prairie with something for everyone, including yellow iron, trucks, a nice aggregate package, forestry equipment and even real estate,” Terry Moon, regional sales manager at Ritchie Bros, said. “We continued to see very aggressive bidding and robust pricing across almost every single asset category in this auction. If you have equipment and trucks to sell, I encourage you to contact us to consign today.
“We have online selling options with IronPlanet, Marketplace-E, Ritchie List and an Edmonton site sale on Dec. 9–11. In fact, there is a forestry retirement dispersal consignment on display in Grande Prairie right now that will be selling virtually in Edmonton. Check out the complete auction listings at rbauction.com/Edmonton.”
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