IronPlanet (www.ironplanet.com), the world’s leading online auction company for used construction and agricultural equipment recently conducted an auction helping Robert Young, director of RA & AR Young Pty Ltd., enter into retirement equipment free. The online auction hosted by IronPlanet liquidated the company’s remaining assets totalling $186,000.
New to the online auction experience, Young sold many large pieces of equipment such as a Bitelli Vibratory Single Drum Compactor, 2004 Takeuchi Mini Excavator, 1995 Caterpillar Wheel Loader and John Deere Motor Grader at an IronPlanet auction. IronPlanet’s global market outreach and guaranteed inspection reports generated significant interest in the auction and specific items, resulting in higher selling prices for Young’s equipment.
‘Prior to my first IronPlanet online auction, I consistently incurred additional costs transporting equipment from auction to auction due to my location on the NSW coast,’ said Robert Young, retired director of RA & AR Young Pty Ltd. ‘Having an IronPlanet inspector come to my yard to inspect the equipment made the whole sale process easy, hassle-free and eliminated all the additional transportation costs.
‘Additionally, IronPlanet’s customer care associates walked me through the process, answered all of my questions and kept me updated on my equipment’s bidding activity,’ said Young. ‘Since this was my first online auction, I didn’t know what to expect. The whole process was easy and I received far better results than I ever expected; even better than what I probably would have received from traditional auctions.’
About IronPlanet
IronPlanet is the world’s leading online auction company for used construction and agricultural equipment. Our sellers achieve more profitable sales through lower transaction costs and better price realisations through a global audience of buyers. Our guaranteed inspection reports and exclusive IronClad Assurance enable buyers to bid with a high degree of confidence. IronPlanet is backed by Accel Partners, Kleiner Perkins Cauflield and Byers, Caterpillar, Komatsu and Volvo.
For more information about how IronPlanet can assist local government in the disposal of assets, go to ironplanet.com or contact your IronPlanet National Accounts Manager Chris Jackson at cjackson@ironplanet.com.
