Oct. 25 – 28 auction attracts 16,500+ bidders
With our fifth Edmonton, AB auction of the year, we attracted more than 16,500 bidders to compete for 10,000+ items, generating CA$99+ million (US$73+ million) in gross transaction value.
Approximately 92% of the equipment in the October 25 – 28 auction was sold to Canadians, including 61% purchased by Albertans. The remaining 8% was purchased by international buyers from as far away as Egypt, Poland, and Vietnam.
“We continue to drive strong global demand for equipment and trucks, resulting in a lot of happy consignors,” said Jacen Cowick, Regional Sales Manager, Ritchie Bros.
“Today we offer customers more options and flexibility than ever before. Thanks to our innovative online platform, we were able to efficiently sell 3,500+ offsite items right alongside the 7,000+ items on display in our Edmonton yard. Thanks to technology and our hardworking teams, it’s easier than ever to sell equipment from anywhere, which is a huge benefit for our customers.”
3 big sellers from Edmonton
Equipment highlights in the October Edmonton auction included 140+ truck tractors, 85+ excavators, 60+ skid steers, 60+ dozers, 25+ pipelayers, forestry equipment, and more. All items were sold without minimum bids or reserve prices. Here are three of the biggest sellers in the auction: