Euro Auctions’ Leeds sale in January creates a stir – Hammer tops £32.2 million

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The three-day “start of the year” unreserved auction, organised by Euro Auctions at its Leeds site between 25 and 27 January, achieved a hammer total of £32.2 million.

Alongside the usual vast array of construction equipment and industrial plant a growing number of agricultural lots are being consigned to Euro Auctions’ sales with over 100 tractors having been included in the January sale catalogue along with an ever growing collection of other agricultural equipment.

Over 400 separate vendors sent a total of 4,240 lots to this sale including a consignment of over 40 new and nearly new New Holland T6 and T7 models that generated considerable interest, as expected.

More than 2,200 people registered as bidders for this auction; and this helped create a real buzz about the auction as there were at least a couple of thousand people on site at any given time across all three days with many simply attended the sale to meet and catch up with friends and colleagues, to see what was going under the hammer and generally just see what was going on and experience the “thrill” of the event.

The internet was also exceptionally busy, accounting for half of all registered bidders and 35% of all sales by value were secured online.

There was a strong European presence with almost every EU country being represented as well as strong contingents from North Africa and the Middle East.

In total, bidders from no less than 65 separate countries registered for this auction and winning bids were secured by almost 80% of them.

Almost half of all sales by value were secured by individuals registering as UK attendees.

Those from the Republic of Ireland spent over £4.5m, while the Netherlands accounted for almost £2m.

Bidders from Finland, Poland and Portugal each spent around the million mark. Further afield, almost £1m worth of equipment was secured by bidders located in the USA, while other consignments are now being shipped to many far flung parts of the globe.

“Our January auction at Leeds has always been one of the most popular in our calendar, attracting a large number international bidders and buyers and achieving an impressive £32.2m hammer total – so this sale didn’t disappoint,” stated Jonnie Keys, operations manager for Euro Auctions.

“We’ve also seen some phenomenal growth in the agricultural element of our auctions over recent months, with an impressive number of quality lots being consigned to the sales from both dealer networks as well as individuals; giving buyers a real opportunity to pick up some excellent bargains.”

There was an array of telehandlers, in the auction along with tracked excavators in all manner of sizes and configurations, wheeled excavators, dozers, dump trucks, loader, graders, plus other specialist construction vehicles.

One of the highlighted lots was a 2015 Hitachi ZX670LCR-5B excavator with just over 2000 hours that achieved £245,000.

It included a demolition cage and fobs canopy, air conditioning, reverse camera, 650mm pads, QH, auto-lube and a host of other features.

Another excavator, a 2013 CAT 320EL with 700mm Pads, CV, QH, piped, aux. piping c/w reverse camera and A/C and with 5344 recorded hours went for £62,500.

Other notable lots included a 2013JCB 540-200 turbo powershift telehandler, complete with joystick controls, side shift, sway, WLI, A/C and forks with 4573 hours going for £50,000 while a similarly spec’ed 2013 JCB 535‑140 HI VIZ with 3888 hours went over the ramp for £31,000.

Focusing on the agricultural and other farming related consignments, Lot 761 for example, a well spec’ed 2014 New Holland 4WD T7.270 Tractor CVT with just 1647 hours and featuring 4 spools, sidewinder, power beyond, 4 speed PTO, front suspension, air brakes, cab suspension and air conditioning, along with full registration and declaration of conformity documentation being available, went for £51,000.

There were also a number of other 2014 New Holland T7 tractors, with varying equipment levels and each with a little over 1000 hours, went for between £37,000 and £41,000 each.

Other tractor lots included a 2013 John Deere 6930 with 4,560 hours that went over the ramp for £34,000 while a 2002 McCormick MTX140 with 9328 hours achieved a final hammer price of £12,500.

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The deal of the day was lot 844, a Case 5150 (pictured) which despite having 8839 recorded hours had been well maintained and was still in good order so went for the tidy figure of £7,750.

One of the winning bidders on a tractor lots commented: “We’d heard good things about the quality and variety of equipment being sold by Euro Auctions so as we were considering replacing an aging tractor we decided to come along, predominantly to gauge things for ourselves.

“We registered as potential bidders and weren’t disappointed with what we saw so are going away with a great new replacement tractor. All we’ve got to do now is arrange delivery to our farm and at the same time Euro Auctions will collect our old one and dispose of it in an upcoming sale – what could be easier.”

Euro Auctions’ 26 acre Leeds auction site underwent a massive expansion in 2016 with the acquisition of an adjacent 80 acre plot of land.

All the necessary infrastructure including the administrative offices, visitor parking, ancillary buildings and the main auction stages were already in place but as increasing volumes of used equipment is being assigned 40 acres of the acquired plot were immediately cleared and used to better display the equipment being auctioned.

Lots go under the hammer at the rate of one lot per minute in the main auction stage with two additional rings for smaller equipment also being used.

Euro Auctions has a number of auctions scheduled over coming months including the sale of 130 mobile cranes previously operated by Hewden Stuart (from 220 ton down to 35 ton All Terrain and City cranes) at the Newark Showground in Nottinghamshire on Friday 3 March.

There is also a specialist “one-day” classic tractor sale taking place in Dromore in Northern Ireland on Saturday 15th April.

Full details and catalogues for all forthcoming Euro Auctions events are available on its website at www.euroauctions.com and separate bidder numbers are required to bid on any lot at each event which can be done either in person at the sale or via Euro Auctions’ free internet bidding service.

For other enquiries contact Euro Auctions on 0044 (0) 2882 898262.

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