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Auctions on the rise

Latest one-day Kissimmee auction sets new international precedent for 2018 sales.


Yoder & Frey, auctioneers of heavy construction and agricultural equipment, has just delivered a record breaking end-of-year one‑day Kissimmee auction that saw a 20 percent leap in first-time bidders registering; helping push the total number of bidders close to 1,200.

The quality and number of International vendors has also soared as consignors start to appreciate the global reach of these types of scheduled auctions and opting to consign quality, used equipment. This helped boost average lot prices by more than 40 percent compared with previous lot prices achieved earlier in the year. 

Every state was represented with several hundred coming just from Florida. They were also joined by buyers located in 36 countries including many from across the Caribbean, Canada and Europe. Among the top countries by hammer total outside the US was Canada, Puerto Rico and Jamaica.

While floor hammer totals remain high, international interest in the lots is also reflected in the huge number of bidders selecting to participate via Yoder & Frey’s own internet bidding portal. 

“We’ve been working extremely hard over the past year and we are now reaping the rewards,” says Peter Clark, Yoder & Frey CEO. “With increased promotional initiatives, new domestic and international consignors are entrusting us to maximise the hammer prices they can achieve. Having quality equipment also means we’re attracting more bidder interest from both across the US and increasingly from a wider number of international buyers all looking to acquire quality used, low hours equipment to meet their expanding equipment needs. We’re seeing buoyant interest in all our upcoming sales; particularly from operators looking for equipment to extend their capabilities in supporting the massive clean-up operations that are now being implemented following the recent destructive storms in the Caribbean and southern states.”

Auctions in December plus upcoming ‘mega’ auction on February 13-17, 2018
The next Yoder & Frey auctions comprise an offsite auction for Mitchell Contracting Company LLC featuring a good mix of earthmoving equipment, trucks and trailers on December 5, 2017 in Georgia and then on December 7, 2017 in Ohio. These sales will feature the usual impressive selection of construction and earthmoving equipment right down to garage equipment, tools and spares, offering potential buyers a great opportunity to acquire some impressive lots.

Preparations are also well in hand for hosting the world’s largest ‘engine sale’.  This mega event, part of the upcoming Kissimmee winter sale that will be held in Florida between February 13 and 17, 2018, will see a host of specialized engines and power plants, being sold alongside a host of heavy construction and agricultural equipment. More than 1,000 lots have already been consigned to the February sale, including a growing inventory of diesel engines for trucks and heavy construction machinery, power plants for agricultural machinery and equipment.  This sale is looking like a world beater and the range of new, refurbished and second-hand products mean there will be plenty of opportunities for all buyers.

Preregister for future auctions
For further information please contact Yoder & Frey (www.yoderandfrey.com) by email at info@yoderandfrey.com  or call 001 419.865.3990. Catalogs for all forthcoming events are also available at www.yoderandfrey.com

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