IronPlanet has announced the date of the company’s next auction in Australia — 13 March 2008.
“Having successfully completed our first online auction 14 February, we are excited to continue delivering monthly auctions to the Australia market,” said IronPlanet Australia Managing Director, Graeme McPherson.
“IronPlanet’s frequent auctions allow sellers to turn their equipment to cash faster.”
The March auction follows IronPlanet’s initial Australian auction on 14 February, which attracted over 11,000 auction visitors from auction preview through auction day.
A number of items sold in the auction showed strong performance including a Komatsu GD313A-1 Motor Grader, located in New South Wales which sold for $29500, over 3 times the targeted value to a buyer in Victoria.
The motor grader attracted 58 bids from 8 unique bidders from North America, Queensland, New South Wales, Southern Australia and Western Australia.
“We are pleased at the market’s reception to our online auctions with items in the March sale already receiving bids on them,” said McPherson.
“Inspection reports are available now for most items in the March auction, allowing buyers to place PriorityBids before auction day,” said McPherson.
PriorityBids allow interested buyers who are unable to be online on 13 March to submit bids during the preview period.
A PriorityBid is an instruction that allows IronPlanet to automatically bid on the buyer’s behalf, up to the pre-determined maximum the buyer is willing to pay.
A detailed list of the equipment to be auctioned is available at IronPlanet’s website. A preliminary sample of the equipment includes 25 aerial work platforms, air compressors, 12 compactors, dozers, engines, excavators, 4 pieces of farm equipment, forklifts, graders, 10 light towers, 5 loaders, 2 pumps, 19 trucks, skid-steers, 33 tools and welders.
Equipment to be sold in the auction has come from dealers, contractors and hire and rental companies across Australia.
For current auction information you can visit IronPlanet’s website and register to receive updates on the 13 March auction as well as future auctions.
Once you register you will also be able to read the detailed inspection reports and place PriorityBids on equipment in which you are interested in advance of auction day.