The UK's number 1 commercial vehicle auction company at the CV Show 2015

Weekly trucks update with Terry Stout - 29th May 2015


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Just the two HGV sales this week, Shotts and Leeds but my word, another overwhelming industry leading week!

Wednesday’s Shotts sale contained a large percentage of direct entries selling 50% of stock and one vendor selling 100%.  A ‘57’ DAF LF 45 Hook loader made very strong money selling 42% above reserve. An 08 DAF LF45 Chassis Cab coming from a national direct fleet made nearly double the reserve.  

Thursday’s Leeds branded Hitachi Capital Commercial Vehicles and Enterprise Flexi-Rent/Burnt Tree sections contained large volumes of direct trucks, trailers and plant.  Enterprise Flexi-Rent/Burnt Tree offered a very nice selection of late plate mixed tractors and rigids, all very low in kilometres.  This was the highlight of the day for many expectant buyers in the hall and online and achieved fantastic conversion rates. A Scania G230 curtainside achieved over £30,000 plus and 07 DAF 45 dropside with warranted low km’s of 68,000 achieved 64% over reserve.

Hitachi Capital had a number of specialist vehicles, one being a Mercedes Actros 8x4 platform with Hiab remote controlled crane, achieving 132% of reserve.

Other direct entries included Greggs who sold out and enjoyed a clean sweep well above reserve.  Another showstopper for Leeds was a 58 plate Iveco Stralis 5-Car transporter which was a very clean and fine example. This really mustered up some interest due to our national industry leading buyer engagement and media advertising activities (including pictoral and classified ads in Commercial Motor and Truck Trader). My phone was red-hot with enquiries, which led to several new buyer accounts being set up.

A bidding frenzy ensued between phone, Simulcast and in-hall buyers leading to a fantastic result of over £30,000 making a very happy vendor.
I am hearing from buyers that the vehicle logistics business is very buoyant industry to be in at this time and there is a general lack of capacity due to downsized transporter fleets post-recession.

Looking at next week, I am at Gloucester and Colchester’s HGV sales. There is the best selection of direct stock up for grabs in any UK auction company – yet another industry leading week to look forward to!

Terry


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