For Derek Pearce, owner of LF Pearce & Son, buying and selling online with Ritchie Bros. is a critical part of his fleet management process and going online has made it even simpler.<\/p>\n\n\n\n\n\n\n\n
Talking from the site of LF Pearce & Son’s largest project to date, the construction of the UK’s first autonomous EV testing track, Derek explained how the business operates and why he uses Ritchie Bros. to buy and sell equipment.<\/p>\n\n\n\n
As a family-run business founded by my grandfather, Leslie Frank Pearce, in 1937, we always think it’s important to get the best value out of our equipment. To achieve this, we continue to invest in our skills to look after our equipment ourselves. By maintaining each item on our growing fleet to a very high standard, we achieve some impressive and productive hours out of every machine.<\/em><\/p><\/blockquote>\n\n\n\n
For expensive items like dozers<\/a>, we always buy second hand and always buy Caterpillar machines. It’s because we know them very well and understand how to look after them. We recently decided to sell one of our dozers, a D6 called Lucy, to upgrade to a newer D6N called Lucinda.<\/em><\/p><\/blockquote>\n\n\n\n
To get the best price for Lucy and realise the funds needed for further investment, Derek opted to put her into a Ritchie Bros. auction. With Lucinda being a private purchase, he even managed to drop off Lucy at the Maltby auction yard and pick Lucinda up on the way home, as Ritchie Bros. were happy for him to leave the machine with their team.<\/p>\n\n\n\n
Lucy proved to be popular in the online auction, and following the sale, we received the funds very quickly, allowing us to reinvest the proceeds into a technology-driven push to add Trimble 3D machine control to our fleet of Cat Dozers and JCB excavators<\/a>.<\/em><\/p><\/blockquote>\n\n\n\n