The requirement for good quality, used equipment is still evident in the Middle East, as Euro Auctions sees increased bidder activity across all sale sites globally with the Dubai sale being no exception. Since the Covid lockdown and a slowdown in manufacturing, OEMs and main dealers have been running low on stock, with delivery times stretching into 2022. With ongoing infrastructure projects in the region, the demand for equipment and machinery is high and shows no sign of slowing down.
Buyers have long had confidence in auctions as a way of sourcing equipment and inventory for large infrastructure projects, finding that the auction offers choice of make and model and machinery requirement can also be matched to budget. At Euro Auctions’ recent Dubai sales, bidder numbers and registrations have been increasing, with strong bidding from local buyers.
Derek Bleakley, general manager-Dubai, Euro Auctions, said: “Since the advent of Covid we have seen a continued influx of new consignors and new registered bidders at our Euro Auctions site in Dubai. In the past 12 months our staff have really engaged with both buyers and sellers at a time when more consignors are looking to turn iron into cash, with the confidence that Euro Auctions will achieve true market value for their machinery and equipment. With a lack of new machinery coming onto the market and main dealer inventory depleting, we are seeing consignors capitalising on the appetite of the market and liquidation stock with buyers delighted with the quality of machinery we are amassing for each Euro Auction sale.”
The next Euro Auctions sale in Dubai on 28 June is already attracting international consignors and buyers from not only across the Middle East, but from Europe, North Africa, Asia and as far as the Pacific Rim.
“With a targeted marketing programme, Euro Auctions reaches buyers and consignors in 150 countries around the world. The catalogue for the Dubai sale on 28 June is growing, and consignors are invited to send equipment. We still have room for your machinery at this sale,” says Derek.
Special interest lots
From the lots already consigned to this sale, there are several specialist items that bidders will have interest in, including several big-ticket items, as well as consignments of exceptional unused and unregistered machines:
Loaders
- 2014: Cat 966H
- 2008: Cat 422 E
- 2021: Unused P Cat TW36 (multiple machines)
- 2018: Komatsu WA380Z-6 (multiple machines)
- 2017: Komatsu WA380-6
- 2016: Komatsu WA470-6 (multiple machines)
- 2012: Komatsu WA320-3
Excavators
- 2019: Case CX220C (multiple machines)
- 2011: Cat 349D (multiple machines)
- 2020: Unused Cat 323D3
- 2021: Unused Hyundai R210
- 2021: Unused Doosan DX300LCA
- 2021: Unused Sunward SWE60E
The full details for consignors and bidder catalogues for the sale are available on the Euro Auctions website.