January Market Report

Posted in Auction Reports on August 19th 2019

January Market Report

January Market Report

Following a highly successful 2018 with over £2 million being turned over in Plant, Ground Care and Farm Machinery for the second year in a row, Husseys report a buoyant start to 2019 with the first Plant & Machinery auction concluding in the first week of January having run over the festive period. 1184 lots forward met keen interest with our online facility making it possibly the widest broadcast auction in the south west. Prices peaked this time at £10,000 for a Daf Crane Lorry, with the diggers selling to £9600 for a Hitachi ZX27U. New Holland Compact Tractors were to £7300 with over 30 lots selling at over £1000 including a 2011 Terex Pedestrian Roller, which looked particularly premium at £1620, selling to an end user.

Vehicles entered the year at a more ponderous pace with the first car sale of the new year with mainly trade entered cars selling to £1650 for a 59 plate Corsa. The sales picked up the following week with an ‘06 Suzuki Jimny being knocked down for £2500. The first of the year’s Water Board cars have made an appearance selling above expectations as demand outstrips supply seeing several making book money and beyond. Commercial sales got off to a flyer seeing a near on total clearance with just one going unsold. Prices here topping at £5900 for a 13 reg Mercedes Sprinter Luton with all vans keenly sought after and several making hundreds of pounds and in a few cases a thousand pounds into book.

The month ended on a high with the live and online Plant Sale. Most of the action was done online due to the inclement weather, with 300+ buyers registered and a shorter number braving the elements and coming along in person being around 50 or so. Top on the day was £25,750 for a 2014 JCB 550.80 Wastemaster Telehandler from a local company. The council entered Y reg New Holland TS100 met a lot of interest and got knocked down for £15,600 the same vendor having a 2012 Merlo P32.6 Telehandler that hadn’t aged gracefully sell for £15,100. Handy size diggers were in short supply but looking well sold was a 5 ton Case at £8700. Compact Tractors topping at £5650 for a New Holland. This sale saw the parting of the Komatsu Drott that had taken root in the yard as it rose to £4800.

The smaller Plant and Tools were sold for the first time on the Friday following the large Plant. Expectations were exceeded by both sellers and the auctioneers with the following of buyers increasing from around the UK as well as several lorries departing to foreign countries this month, selling to the usual contingent as well as to fresh Irish, Romanian, Polish, and Nairobi folk making Husseys of Exeter the place to sell your Plant, Machinery and Equipment.