Ritchie Bros.' LA Auction Attracts Bidders From 40 Countries
📅 Wed December 20, 2017 - West Edition #26
(L-R): Jerry Fox, Mike Wood and Ron Wood had a great time at the auction reminiscing about old times. The trio was browsing for maintenance equipment for upkeep on their family farm. This 2002 Cat D5G XL crawler tractor drew their attention.
More than 3,450 bidders participated online and in person at Ritchie Bros.' multi-million-dollar unreserved public equipment auction in Los Angeles, Calif., on Dec. 8, 2017.
With bidders from 40 countries, approximately 31 percent of the equipment in the auction was sold to out-of-state buyers, from as far away as Germany, New Zealand and the Philippines. Online bidders purchased approximately 42 percent of the equipment sold (by dollar value).
Twenty-two hundred equipment items and trucks were sold in the auction, including more than 65 compactors, 65 skid steers, 55 loader backhoes, 50 excavators, more than 30 dump trucks, more than 20 loaders, more than 10 dozers, more than 145 truck tractors and more than 180 trailers.