Used construction equipment prices: 5 big ticket items July 2016

Auction Results Comments

Ritchie Bros. auction results from last month

Interested in current used construction equipment prices? Check out five of the biggest ticket construction equipment items sold at Ritchie Bros. auctions in July 2016. Every item was sold to the highest bidder on auction day; no minimum bids, no reserve prices.

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1. 2009 Caterpillar 988H wheel loader – US$490,000

2009 Caterpillar 988H wheel loader sold at Ritchie Bros.' Los Angeles auction.

Our Los Angeles, CA live unreserved auction on July 22 was a massive event with more than 2,600 pieces of equipment sold. This 2009 Caterpillar 988H wheel loader (lot 95) led the construction equipment category, selling for US$490,000.

2. 2013 Grove RT770E rough terrain crane – CA$460,000

A 2013 Grove RT770E 70 ton 4x4x4 rough terrain crane auctioned in Toronto.

Our auction in Toronto, ON on July 13 was a huge event with 2,100+ items being sold, including 480+ construction equipment items. This 2013 Grove RT770E 70 ton 4x4x4 rough terrain crane (lot 226) out-sold all other construction equipment at CA$460,000 (approx. US$350,423).

3. 2011 Caterpillar D10T crawler tractor – US$350,000

A 2011 Caterpillar D10T crawler tractor sold in a Los Angeles auction

This 2011 Caterpillar D10T crawler tractor also sold at our Los Angeles, CA auction in July. Ritchie Bros. sold 30+ dozers in L.A., including this Caterpillar (lot 167) which sold for US$350,000.

4. 2005 American Terex HC165 crawler crane – US$290,000

2005 American Terex HC165 crawler crane sold in Panama auction.

Panama City, Panama was the auction site where this 2005 American Terex HC165 165 ton crawler crane (lot 267T) sold for US$290,000 to an American buyer. The live unreserved auction, on July 8, featured 600+ items, including 200+ construction equipment items.

5. 2014 Caterpillar 568 Roadbuilder hydraulic excavator – ????

2014 Caterpillar 568 Roadbuilder hydraulic excavator auctioned in Prince George, BC.

We sold nine excavators at our Prince George, BC auction on July 14, but this 2014 Caterpillar 568 Roadbuilder hydraulic excavator (lot 105) was far and away the biggest seller. Find out how much this hydraulic excavator sold for – sign in or create a free account to see prices for 795,000+ items sold at Ritchie Bros. auctions in the past two years.

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Related articles:
What equipment buyers and sellers say about unreserved auctions
Tips for U.S. buyers at Ritchie Bros. auctions in Canada
5 advantages to buying used vs. new heavy equipment & trucks

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