February 2019, Dormagen, Germany - Euro Auctions sale results in a 54% increase over the same month in 2018, proving the home German market thinks buying and selling at auction makes sense
22 February 2019
First time bidders turn out again in large numbers for popular equipment auction
Over 2800 pieces of quality used and new construction and agricultural machinery were sold over two days at the recent Euro Auctions, Dormagen sale. Held on the 13 th and 14 th February, bidding was brisk, prices were strong and over the two days, over €14.5 million of machines were sold, making this now the biggest Dormagen sale to date.
With the number of buyers increasing at each sale in the last 12 months, Euro Auctions has seen substantial growth in the number of registrations, bidders and successful buyers from Germany, Poland, The Netherlands and Belgium, making 65% of total sales. In addition, there was strong interest from a global market through Euro Auctions marketing to over 200,000 buyers and sellers around the globe, in 190 countries.
2,800 lots, a significant proportion of which were nearly new machines, from almost 200 vendors, were sold without reserve. The event again proved that quality equipment is in real demand and this German auction is increasingly becoming the preferred purchase route of choice for a growing number of local and international machinery buyers. “Euro Auctions has been in Dormagen since 2006 and were the pioneers of this type of auction, which is now universally accepted and attracts buyers and sellers from all over Europe. In the last 13 years we have seen increased growth and are again delighted with both the quality of equipment being consigned and the high level of international interest created by our increasingly popular Dormagen sales,” comments Erik Kortum, Euro Auctions’ country manager for Germany.
“This year Euro Auctions celebrates 13 years in Dormagen and 21 years as global auctioneers. We continue to attract new bidders from across Germany, Europe and often further afield. This sale attracted bidders from over 50 countries; all looking to acquire top specification machines as they can be confident they will be reliable, yet affordable, and fulfil their requirements.” He continued: “In today’s economic with Brexit coming for the UK value for money is vital; that’s why shrewd buyers are increasingly looking to acquire high specification, low hours machines at a significantly reduced cost of a new machine, which is the Dormagen suction is proving so popular.”
Over 1,100 registered to attend or participate online at this sale. Internet bidding increased significantly with 68% of buyers bidding online and 55% of the lots being sold to online bidders. There was also a 62% increase in first time bidders with many successfully buying.
Amongst the notable lots to go under the hammer at this sale were:
20 Ton+ Excavators 2018 Volvo EC220DL 600mm Pads, Piped c/w Reverse & Side View Camera, A/C €100,000
Articulated Dumptruck 2016 Bergmann 3012HKPLUS 4x4 Articulated Dumptruck c/w Reverse Camera, A/C €61,000.00
Backhoe Loaders 2018 JCB 4CX P21 ECO 4WS Turbo Powershift Backhoe Loader, Piped, SRS c/w Extendahoe, 4in1 Bucket, A/C €69,000.00
Skidsteer Loaders Terex PT30 Tracked Skidsteer Loader, Piped c/w Bucket €19,000.00
Telehandlers 2014 Haulotte HTC4014 Turbo Powershift Telehandler c/w Joystick Controls, Sway, Forks, €28,500.00
Tractors 0263 - 2011 McCormick C70L 4WD Tractor c/w ROPS €12,000.00
Vans Mercedes Benz Sprinter 511CDI Tipper €7,000.00
Wheeled Excavators 2011 Sennebogen 821M Wheeled Material Handler, Stabilisers, Piped c/w Aux. Piping, A/C, Elevating Cabin & Manuals CV, QH, €46,000.00
Wheeled Loaders New Holland W170B Wheeled Loader c/w Joystick Controls, Bucket (NO CE MARK - NOT FOR USE WITHIN EU) €58,000.00
Upcoming Euro Auctions sales:
The next auction scheduled for Dormagen, Germany will be on 3 rd & 4 th April.
Other Euro Auction sales include:
Dubai, Middle East 4 th March
Zaragoza, Spain 5 th March
Brisbane, Australia 7 th March
Leeds, UK 20 th , 21 st & 22 nd March
Auctions scheduled in the USA: YODER & FREY: Ashland, Ohio on 14 th March All auctions offer potential buyers a great opportunity to acquire some impressive lots with full details for consignors and bidder catalogues for these events available on the Euro Auctions website at www.euroauctions.com email email@example.com or on +44 (0) 2882 898262
Source: Euro Auctions