Heavy equipment auctioneer Ritchie Bros. supports rental companies and other equipment owners through the COVID-19 pandemic with flexible disposition options to improve cash flow.
While many of us are isolating at home during the coronavirus pandemic, the world of heavy equipment auctions is still turning. Industry leader Ritchie Bros. has taken all its auctions online and has so far seen very little change in anticipated demand – or selling price levels – for secondhand construction and agricultural machines over the last few months.
“Despite these uncertain times, we’re hearing from customers that there is still lots of work going on in the world – maintaining highways, power and telecommunications, water and sewerage systems, as well as transporting groceries and medicines – and we provide the equipment to companies delivering these essential services,” says Karl Werner, International President at Ritchie Bros. “The regular in and outflow of fleet management does not stop and we’re here to help, with a variety of sales solutions and contract options to suit any need.”
Over its 62-year history, Ritchie Bros. has become a trusted advisor in the industry, with millions of clients around the globe counting on the valuable insight it provides.
“We have accumulated a huge amount of market and selling price data – on equipment types, makes and models, and manufacturing years – that we leverage to our clients’ advantage. Using this data and our experience, we will recommend the right time and place to sell – whatever is going on in the world.”
Learn more about selling equipment at https://www.rbauction.com/selling