Six big ticket items at Ritchie Bros.’ recent US$250+ million Orlando February auction

Ritchie Bros. sold 16,000+ equipment items, trucks and vehicles at its Feb. 17-21 premier global auction event in Orlando, generating US$250+ million in gross transaction value (GTV).

The premier global auction event attracted 19,000+ people from 75+ countries, with approximately 88% of the equipment selling to U.S. buyers, including 23% purchased by Floridians. The remaining 12% of the equipment was purchased by international buyers from as far away as Australia, Singapore and Israel.

Here’s six featured equipment items sold during the big auction:

2007 Liebherr LTM 1400-7.1 500 ton All Terrain Crane

• Sold: $910,000
• Buyer From: North Dakota
• Physical Selling Location: St. Louis, MO

2023 Cat 395 VG Tracked Excavator

• Sold: $900,000
• Buyer From: Florida
• Physical Selling Location: Davenport, FL (Orlando Site)

2022 Volvo A40G Articulated Dump Truck

• Sold: $360,000
• Buyer From: Pennsylvania
• Physical Selling Location: Davenport, FL (Orlando Site)

2023 Cat PM312 Cold Planer

• Sold: $325,000
• Buyer From: Kentucky
• Physical Selling Location: Davenport, FL (Orlando Site)

2025 Kenworth T880 Tri/A Dump Truck

• Sold: $325,000
• Buyer From: Kentucky
• Physical Selling Location: Davenport, FL (Orlando Site)

2020 Kenworth T880 T/A Truck Tractor

• Sold: $117,500
• Buyer From: Virginia
• Physical Selling Location: Davenport, FL (Orlando Site)

‘A huge thank you’

“I want to offer a huge thank you to our customers participating onsite and online for providing the largest selection of equipment available for sale at one time and making this year’s premier global auction in Orlando a major success,” said Jeff Jeter, Chief Revenue Officer at RB Global.

“With 16,000+ equipment items sold between our Orlando lot and through our Virtual Sales Option featuring IronClad Assurance, we continue to grow our global buyer base and provide valuable returns to our sellers. We also saw strong engagement from customers onsite looking to take advantage of our value-added services, like VeriTread and Ritchie Bros. Financial Services, to transport or finance the equipment they were purchasing at the Orlando sale.”

See also

How to sell surplus for government agencies: 5 tips for better results