11,200+ bidders registered from 62 countries
Ritchie Bros. regional online auctions keep rolling, with our latest Rocky Mountain event attracting 11,200+ online bidders from 62 countries to compete for 2,900+ items, generating US$41+ million in gross transaction value.
Equipment in the Oct. 6 – 7 auction was stored at locations in Denver, CO; Salt Lake City, UT; and our new local yard in Williston, ND. Approximately 93% of the assets in the auction were sold to U.S. buyers, while the remaining 7% was sold to international buyers from as far away as Honduras, India, and the Netherlands.
Leading up to the auction, we saw a 96% increase in the number of online equipment views and a 48% increase in watchlist adds in comparison to the previous Rocky Mountain event held in August.
“Our regional auctions continue to attract unprecedented demand, driving great returns for consignors,” said Chad Apland, Regional Sales Manager, Ritchie Bros.
“These regional events create a lot of hype in the market—sellers want to be a part of something big and buyers love the increased selection. As a result, we once again saw strong pricing across every asset category in our Rocky Mountain auction, with transportation equipment pricing hitting record levels!”
Five big sellers
2006 Caterpillar 623 elevating motor scraper – US$415,000
2014 Grove TMS800E 80-ton 8x4x4 hydraulic truck crane – US$370,000
2015 Caterpillar CT660L tri-drive hydro vac truck – US$210,000
2018 Peterbilt 367 tri-drive day cab heavy haul truck – US$145,000
2019 Freightliner 122SD Coronado day cab truck tractor – US$115,000
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