When it comes to buying heavy equipment, one of the most important variables to consider is price.
Valuing a piece of equipment can be difficult. Many factors including market conditions, model, condition, age, features and more go into assessing what an equipment item or truck could potentially sell for on auction day. With all the factors involved, knowing how much you should pay for a piece of equipment or even whether or not you should bid on a job can be a difficult task.
Get Free Past Auction Results
Thankfully there's help. Ritchie Bros. provides free past auction results on over 600,000 heavy equipment items on the rbauction.com website. With past auction results you can look up the past sale prices for nearly any type of equipment sold in the past 24 months at any global Ritchie Bros. unreserved auction.
This 2006 Caterpillar D6R XL II crawler tractor sold for CAD$99,000 at a recent Saskatoon, SK auction
Search thousands of equipment items
Searching by industry or equipment type will return the final sale prices for hundreds of similar items and give you the low, median, and high price for any equipment type matching your search.
To refine your search you can then narrow down to specific model years and types, locations, and even operating hours to help gauge condition. This will give you a good idea of what similar items have sold for and a much better idea as to what you can expect to pay for the equipment you need.
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