Fortnightly trucks update with Terry Stout - 26th October 2015
Here we are again, the last fortnight has been very interesting with truck, plant and trailers up for grabs at all 5 dedicated sites, close to 300 lots in total.
It is fair to say there has been a noticeable seasonal cooling amongst the buyer base, with talk of export becoming harder and a lack of retail activity. We’ve responded by engaging our buyers, altering our auctioneering stance to the market and feeding back information as ever between vendors and buyers. It’s only 60 odd days to Christmas so commercial vehicles are entering their busiest periods and rental demand is high. Consequently there is less de-fleet stock in our yards.
Highlights at Shotts were the ex MOD assets, a mixed blend of truck and trailer entries. Direct entered, a Gray and Adams 2002 Carrier fridge trailer sold for £1,700. A direct council 2008 DAF LF55 250 tipper with snow plough spec sold under the hammer for £11,000. A local haulier’s 2008 Iveco Eurocargo 75E17 curtainside sold above reserve and a nice little exporter, a Mercedes Atego 815 platform, sold out under £1,000.
In Leeds a national finance company sold under the hammer a 2010 60 plate DAF LF45 160 GRP box for £13,500. A national fleet company sold under the hammer a 2009 DAF CF75 310 6x2 Beavertail for £18,700 and a 2009 Iveco Stralis Beavertail made good monies too, selling out for £18,900.
Gloucester was a nice line up of vendors with a good mix of both tractors and rigids. A national fleet operator entered eight 2006 to 2008 DAF LF45 150 GRP Boxes, selling 100% for values up to £4,700. These will dry up now for this year so keep a look out for the odd ones popping up. Two Iveco Daily 65C17 Iris Welfare Buses sold under the hammer at £10,400 and £10,700 to 2 different buyers via phone bids.
In Colchester we had over 100 mixed truck, trailer and plant lots. There was certainly a lot of Hammertime action. A direct national fleet vendor entered a 2009 Iveco Stralis 6x2 Curtainside which made very good money selling for £16,200; its 2008 registered sister sold for £15,600. Another national fleet vendor entered a 2008 DAF CF 75 310 Beavertail which really got the buyers interest; bringing in real strong bids and selling under the hammer for £24,600. Very impressive. There was a fantastic choice of over a dozen direct council 2004 Dennis Elite Refuse Collection Vehicles; all selling under the hammer at the first time of asking. A blue chip operator entered a 2008 Scania P380 6x2 tractor unit which sold at £9,600. Finishing with a mixed blend of fourteen forklift trucks these all sold out, lifting the sales result to a new high!
Washington’s monthly sale is always a cracker, with many mixed lots. It enjoyed fantastic results with a selection of direct entry council gritters. We’re getting closer to the that season! A 2008 Mercedes Axor 2628 6x4 Econ Gritter sold under the hammer for £21,000. A 2008 Mercedes Axor 1824AK 4x4 Gritter sold out at £15,200. Another valued customer certainly cleaned up. A tidy 2011 Schmidt Swingo precinct sweeper sold for £4,200. Another direct entry was a 2007 DAF CF75 310 6x2 day cab chassis cab which sold for £6,900.
So, the times are changing, there are twists and turns in the HGV market, this is what makes it interesting. It is important now to stay close to the market and get buyer sentiment when making decisions setting reserves.
As rental companies see record demand they also look to a de-fleet and fleet replacement programme in quarter one 2016.
We predict it will be a bumper start to another great year. Keep your eye on the UK’s Number 1 Commercial Vehicle Auction Company for news on the market and details of more quality entries from the UK’s leading vendors.