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Auction Results: CA$65+ million of equipment sold in Edmonton, AB - Ritchie Hub
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Auction Results: CA$65+ million of equipment sold in Edmonton, AB

Last week we conducted 24 online auctions across the globe, selling more than 34,000 equipment items over six days. The two largest of these events took place in Edmonton, AB & Houston, TX, where we sold a combined US$114 million of equipment online for approximately 1,800 consignors.

The Edmonton auction, which took place on June 22 – 24, featured 7,000 items, including 260+ truck tractors, 50+ excavators, 45+ skid steers, 45+ dozers, hundreds of trailers, and so much more. All items were sold without minimum bids or reserve prices.

“Our June Edmonton auction is a quick turnaround from our May event, as we empty and refill the yard in just six weeks,” said Andrew Lutic, Regional Sales Manager, Ritchie Bros. “Our operations team has done an absolutely amazing job coordinating the event, while our auctioneers dug for every last dollar, resulting in strong pricing for dozers, excavators, articulated dump trucks, and most other equipment categories.”

The three-day online auction attracted more than 12,300 online bidders from 43 countries. Approximately 60% of the equipment in the CA$65+ million (US$51+ million) auction was sold to Alberta buyers, while the remaining 40% was sold to buyers from as far away Australia, Belize, and Morocco.

Five Big Sellers from Edmonton

2015 Caterpillar 988K wheel loader – CA$605,000 (US$468,000+)
2009 Caterpillar D8T dozer – CA$550,000 (US$429,000+)
2018 Caterpillar 745 articulated dump truck – CA$355,000 (US$274,000+)
2018 Hitachi ZX350LC-5N hydraulic excavator – CA$327,500 (US$253,000+)
2019 Kenworth T800 6×4 truck tractor – CA$172,500 (US$133,000+)

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