Business, Earthmoving News

Pickles to host $15 Million Auction

Used dozers, compactors, graders, excavators and trucks will be up for sale

Pickles will be hosting an earthmoving equipment auction Tuesday afternoon, starting at 12pm.

The auction comprises over $15 million-worth of earthmoving and excavating equipment including Caterpillar D6T/D8T/D10T dozers, 825H & 815F compactors, 14M & 16M graders, 336F & 349D excavators, 740B & 745 dump trucks, water trucks, haul trucks, and much more.

Assets are being sold from Pickles’ Eagle Farm, Rockhampton and Bibra Lake branches and the auction will be held online on Tuesday September 7, with bids accepted via PicklesLIVE (on the website) or the PicklesLIVE App on smartphone or tablet. Interested parties are asked to register on the site prior to the event.

Pickles Industrial says it is increasing its consultation with vendors as higher numbers of businesses are seeing the benefit of turning over high capital items more frequently and more businesses are looking to purchase used industrial equipment at a discounted price.

“We work with our vendors to develop their asset strategy as the timing of when equipment is offered for sale is critical in achieving a maximum return,” says Pickles Industrial spokesperson Steve Wainhouse.

“Businesses are cyclical and we work with our vendors to determine their optimum resale timeline, which in turn delivers the best possible solution for the buyer.

“There’s no use selling equipment if it has been superseded by technological advancements or is in such a condition that there is no chance to recoup any capital. So while we spend the time with the vendor, what it really means is it’s a buyer’s market as they’re the ones getting a great price for equipment that has a strong useful working life remaining.”

To view the items for auction, visit:

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