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Ritchie Bros. returns to Nanaimo, BC for a logging equipment auction

by Ritchie Bros November 10, 2015 Auction Results Comments

Hundreds attend Vancouver Island auction featuring quality forestry equipment

Ritchie Bros. bid catcher in Nanaimo, BC — Catching bids at Ritchie Bros. auction in Nanaimo, BC, Canada

On October 26, 2015, Ritchie Bros. returned to Nanaimo, BC, Canada for its second Vancouver Island auction of the year. The unreserved public auction featured a quality selection of late-model, well-maintained logging equipment and attracted close to 1,200 bidders from 20+ countries. Hundreds of people bid online, and hundreds more braved the rain and enjoyed the action at the unusual auction site: a waterfront dock.

Bringing the auction to Nanaimo, BC

Ritchie Bros. doesn’t have a permanent auction site in Nanaimo, but that won’t stop us from having an auction there. In March 2015, we worked with the Nanaimo Port Authority to hold a successful auction at its Duke Point terminal (as you can see in this video).

When it came time to plan another Vancouver Island auction, it made sense to work with the Port Authority once again to take advantage of its conveniently-located Nanaimo Assembly Wharf, adjacent to downtown Nanaimo.

Bringing the auction to Nanaimo allowed equipment owners who live on or near the Island to sell their equipment close to home—and still benefit from Ritchie Bros.’ ability to reach and attract buyers from around the world.

We can (and have) set up and conducted full-service, professional equipment auctions just about anywhere - a farm, mine site, even a harbor. And we’ll bring everything we need to make the day a success: auctioneers and bid catchers, online bidding services, even a food truck or two (as we did in Nanaimo). Learn more about off-site auctions.

A bid catcher at the Ritchie Bros. auction in Nanaimo, BC — We’ll bring everything we need to make the day a success.

More than 325 equipment items and trucks sold

More than 55 owners sold 325+ equipment items and trucks at the Nanaimo auction. As usual with Ritchie Bros., everything was sold without minimum bids or reserve prices.

Equipment selling highlights at a glance:

A 2003 Madill 124 grapple yarder was sold for CAD$1.02 million (approx. US$780,000)
11 Western Star 4900SB tri-drive log trucks were sold for a combined CAD$1.2+ million (approx. US$977,000)
A 2012 John Deere 2954D dangle head processor was sold for CAD$410,000 (approx. US$313,000)
Two John Deere 3754D heel boom log loaders were sold for a combined CAD$725,000 (approx. US$550,000)
A 2013 Madill 3800C butt-n-top log loader was sold for CAD$440,000 (approx. US$336,000)
A 2011 Madill 3800C heel boom log loader was sold for CAD$375,000 (approx. US$286,000)
A 2011 Hitachi ZX290LC-5N hydraulic excavator was sold for CAD$185,000 (approx. US$141,000)

Create a free account to see more equipment prices from this auction.

Crowds bidding at Ritchie Bros. auction in Nanaimo, BC — Close to 1,200 bidders from 20+ countries registered for the auction.

Equipment to sell? Contact Ritchie Bros.

Whether you are on an Island or the mainland, we’ve got a solution for you. Find out more about selling with Ritchie Bros. or complete a simple form and a Ritchie Bros. representative will contact you to discuss how we can help you—whether you have one item or a whole business to sell.

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