OzDozer
Senior Member
Queenslander - And there's buyers premium on top of those bid numbers! The reason is simple - there's a major shortage of quality brand name, good condition, moderate hour plant and equipment.
There were bottlenecks in supply during the pandemic, and this has led to owners keeping equipment for longer, and the reduced amount of equipment coming onto the market is generally in poor condition.
Add in substantially-increased prices for new equipment, and this seriously impacts used prices.
Plus, it seems like there's no lack of money out there for the good gear. 4 bumper grain seasons in a row, good commodity prices, handouts to businesses during the pandemic, and general Govt largesse by way of extensive spending on projects, has all added up.
You're struggling to find a decent 2 to 3 tonne brand name truck with reasonable kms, anywhere. Any that do appear, sell for huge dollars.
I have a client looking for a 2-3 tonne traytop, and I'm getting depressed at the level of junk on offer, the selling prices at auction, and the private asking prices for the few reasonable-condition small trucks, that are available.
There were bottlenecks in supply during the pandemic, and this has led to owners keeping equipment for longer, and the reduced amount of equipment coming onto the market is generally in poor condition.
Add in substantially-increased prices for new equipment, and this seriously impacts used prices.
Plus, it seems like there's no lack of money out there for the good gear. 4 bumper grain seasons in a row, good commodity prices, handouts to businesses during the pandemic, and general Govt largesse by way of extensive spending on projects, has all added up.
You're struggling to find a decent 2 to 3 tonne brand name truck with reasonable kms, anywhere. Any that do appear, sell for huge dollars.
I have a client looking for a 2-3 tonne traytop, and I'm getting depressed at the level of junk on offer, the selling prices at auction, and the private asking prices for the few reasonable-condition small trucks, that are available.