To the untrained eye, a large expanse filled with well-used rubber tire front-end loaders, excavators, bulldozers, backhoes, cranes, crawler tractors, dump trucks, cranes, and tractor trailers may look like an equipment graveyard; however, experts understand it is a veritable treasure trove of down-but-not-out pieces of heavy equipment from Caterpillar, Komatsu, John Deer, Case, Peterbilt, and Mack.
On auction day, huge assemblies of older inventory and individual pieces owned by private entities are offered at far better value than retail price. These auctions present bargains for those in the transportation, construction, material handling, agriculture, energy, mining, quarry & aggregate, oil & gas, forestry, and marine industries.
Some of the more popular items that come up for sale include rubber-tire loaders, which are commonly used for moving earth and highway building and tractor trailer rigs that dominate trucking and hauling.
Quick Facts
- In a 1994 Construction Industry Council auction, a 1991 Cat 950F rubber tire loader reached a record price of $97,500
- In an April 2015 construction company retirement auction, a 1989 Cat D9N dozer fetched $101,200
- A 2012 Kenworth T800 sleeper truck tractor sold for $79,000 at a December 2015 Ritchie Bros. Auction
