Every February, Ritchie Bros. hosts the premier global auction in Orlando, Florida, attracting attention—and equipment buyers—from all over the world. Our 2015 auction was no different. Big crowds, a record number of items, record numbers of buyers and sellers, and US$179+ million of equipment and trucks sold over five days (Feb 16-20). Get all the highlights in this article.
Record participation from buyers and sellers
Our Feb 2015 auction in Orlando set all kinds of records, including new site records for number of sellers (875) and number of on-site and online bidders (9,350+ from 81 countries, including all 50 U.S. states).
Despite colder-than-usual temperatures, the 200-acre auction site was packed with interested buyers every day. In five minutes you could speak to customers who had driven down from Chicago, made the trek from Canada and flown in from South America.
Close to US$144 million of equipment (80%) was sold to buyers located outside the state of Florida, including US$48+ million (27%) sold to buyers outside the USA.
Cesar Alvarez of Hermanos Yarull T. & Co., a civil engineering contractor in the Dominican Republic, sold 80+ items in the auction. “This was our first time selling with Ritchie Bros. and we were blown away by the magnitude of the auction and the efficiency of how it all came together,” said Cesar.
“We’ve been in business for more than 40 years and have tried selling equipment piece-by-piece in a variety of ways before and it was a headache. With Ritchie Bros. we just give all the equipment to them and it’s done. We get better resale prices and great customer service.”
Online buyers break records
Many people came to the auction site to test and inspect the equipment they wanted to buy, and then returned to their homes, offices or hotel rooms to bid online in real time. Our Feb 2015 auction in Orlando set a new company record for online sales with more than US$66+ million of equipment selling to online buyers.
Truck and equipment highlights
We sold 10,500+ equipment items and trucks at our Orlando auction—a new company record. among the items sold: 500+ compactors, 450+ excavators, 270+ wheel loaders, 240 dozers, 200+ van trucks, 90+ dump trucks and 310 truck tractors—the most truck tractors we’ve ever sold in Orlando. Every item was sold without minimum bids or reserve prices.
Several unique items caught the attention of the equipment-loving crowd: a large selection of army green and desert -colored military crawler tractors, motor graders, loader backhoes and more; a massive 2003 Caterpillar D10R dozer and 2012 Caterpillar 980K wheel loader; and a bright orange 2003 Hitachi ZX450LC long reach demolition excavator that stood out among the crowd of excavators and cranes for sale.
Sign in or sign up for a free online account to check equipment and truck selling prices from Orlando.
Summary: Orlando by the numbers
Our February auction in Orlando is our biggest auction of the year, and once again the numbers were staggering:
- 200 acres full of equipment and trucks
- 5 days
- 10,500+ lots from 875 sellers
- US$179+ million of equipment and trucks sold (total)
- US$66+ million sold to online buyers
- 9,350+ registered bidders (total)
- 5,000+ registered online bidders
View and share this infographic showing Orlando by the numbers – how much equipment was sold, which records were broken, and how many people participated.
Check equipment selling prices online
We post auction results within 48 hours of every auction. Sign in or sign up for a free online account to check auction results from Orlando and every other Ritchie Bros. auction held in the past two years. Selling prices for 660,000+ items available now!
Equipment to sell? Don’t miss the next big auction
We conduct regular unreserved public auctions around the world, helping companies of all sizes sell their surplus equipment and trucks. Contact us to discuss selling at an auction near you.
