Ritchie Bros sale

Turts · Apr 29, 2015

Hertz US sending up guys to buy....[/QUOTE said:
Nope, but LOTS of US buyers are here.
That strong exchange rate is very inviting.

Ps, there is another equipment sale at Michener Allen May 9th in Edmonton.
Not nearly the excitement surrounding that one so prices should be softer.

AreWeThereYet · Apr 29, 2015

Prices were crazy up here when RB had the early April auction

Luke The Drifter · Apr 29, 2015

Iron Horse Racing said:
Volvo's aren't bad loaders, but they don't hold they're value against Cat, JD and case....

Your right not bad, but still no screaming deals.....with all that's going on in this province, and even though a lot of buyers from south of the border, there still seems to be lots of money in Alberta....

At least they keep a HD tech like myself busy

.

AreWeThereYet · Apr 29, 2015

Luke The Drifter said:
At least they keep a HD tech like myself busy.

Weren't they bought by a China company?

J-Roc · Apr 29, 2015

Luke The Drifter said:
At least they keep a HD tech like myself busy.

WAIIIIIIITAMINIT! You were just trying to talk me out of Cat and Komatsu and into Volvo!

You and Jenny are off the Christmas card list. Hahahaha

powder junkie · Apr 29, 2015

steveo10 said:
Everyone thought it was a buyers market, not so much this sale. I was biding on the 32' Colorado 5th. Went aways over my budget. Was watching skid steers too. Sellers should be happy for sure

Everythn selln high. Kinda fig it would. Rumour is june sale will be 6 days. Alota ppl selln off stuff

Luke The Drifter · Apr 29, 2015

AreWeThereYet said:
Weren't they bought by a China company?

Their auto division was. The construction division (completely separate company) is primarily based in Sweden with a growing presence in the states. I've been told at a factory training course that Volvo wants all north american product to be built at their Shippensburg, PA plant eventually. They have however invested heavily in China, moving their reman component manufacturing there sadly...

With that said, I'm a big fan of the E and F series loaders, as well with the D and E series articulated trucks. They just seem to go and go and go (with proper maintenance of course). Then DPFs and EGR came along and the whole construction equipment industry took a huge reliability hit.

teeroy · Apr 29, 2015

Trukker said:
Lots of Americans buying up stuff cause of the strong US dollar . I don't see too many great deals but its a big ass sale .

my pop is out there, he says everything is going for close to top dollar and the yanks are bidding like crazy. no deals to be had at this sale...yet

Mike270412 · Apr 29, 2015

Fawkin Ritchie's making another bazilion dollars.

Cat401 · Apr 30, 2015

Mike270412 said:
Fawkin Ritchie's making another bazilion dollars.

yuuuup....no warranty, no after sales support, no delivery, no financing and RB's fees are usually higher than the equipment dealers markups........the auctioneers make more money selling as-is/where-is than most dealers make on reconditioned equipment....... :noidea:

Stompin Tom · Apr 30, 2015

Cat401 said:
yuuuup....no warranty, no after sales support, no delivery, no financing and RB's fees are usually higher than the equipment dealers markups........the auctioneers make more money selling as-is/where-is than most dealers make on reconditioned equipment.......

Ritchies does offer financing now, but their strength lies in the market they have created. They reach such a vast network of buyers and their reputation is rock solid. What allot of people done know is many financial institutions use Ritchie's average selling prices as the market price on equipment values.

Nytroman · Apr 30, 2015

Was an outing away from work yesterday but for finding a deal on things I was looking at wasn't happening. I was very surprised at the amount of out of province Internet buyers And what the older items were bringing. I would have been a happy seller with any of my items there.

teamgreen · Apr 30, 2015

https://www.facebook.com/thenational/videos/10152833410922686/

Puba · Apr 30, 2015

X-Treme said:
Wait.... Exactly how many white trucks do you have?

He's got a stable full of white fawking trucks.

ippielb · Apr 30, 2015

I had planned on possibly bidding online, but never got around to it, with my shift changing i wanted to watch online. Hopefully the Toromont CAT dealer in Winnipeg doesn't sell the iron i took a look at last weekend. 973C track loader. I wanted to watch Ritchie for a track hoe seen a lot of ones i was interested in. But like the Saskatoon auction they had last month i assumed it would go for top dollar still.

TylerG · May 1, 2015

ippielb said:
I had planned on possibly bidding online, but never got around to it, with my shift changing i wanted to watch online. Hopefully the Toromont CAT dealer in Winnipeg doesn't sell the iron i took a look at last weekend. 973C track loader. I wanted to watch Ritchie for a track hoe seen a lot of ones i was interested in. But like the Saskatoon auction they had last month i assumed it would go for top dollar still.

pfffft Toromont :puke:

woody_tobius_jr · May 1, 2015

teeroy said:
my pop is out there, he says everything is going for close to top dollar and the yanks are bidding like crazy. no deals to be had at this sale...yet

Somebody there bought a 2008, 60T tri lowboy for 217,000.00 !! Heard it was going to Oregon. Apparently he guy had already bought the jeep and booster for it so he was trying to keep the set together. What a maroon! Only around 150,000.00 new.

deaner · May 1, 2015

woody_tobius_jr said:
Somebody there bought a 2008, 60T tri lowboy for 217,000.00 !! Heard it was going to Oregon. Apparently he guy had already bought the jeep and booster for it so he was trying to keep the set together. What a maroon! Only around 150,000.00 new.

And the funny thing is that it takes more than one moron to get it that high. Still cant believe how crazy that sale was.

pirate31red · May 1, 2015

woody_tobius_jr said:
Somebody there bought a 2008, 60T tri lowboy for 217,000.00 !! Heard it was going to Oregon. Apparently he guy had already bought the jeep and booster for it so he was trying to keep the set together. What a maroon! Only around 150,000.00 new.

i ha dthe same lowboy as that only an 09 and only paid 132000 for it new and the jeep and booster sold after the trailer. if you wanted a deal anything tank truck related was going for next to nothing

steveo10 · May 1, 2015

Was bidding on the matting and flocktanks. The winning took all the matting and tanks and left no sloppy seconds for me

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