IronPlanet Sets Florida Heavy Equipment Auction
IronPlanet will offer more than 250 pieces of heavy equipment on June 8 at the Cat Auction Services' online public auction based in St. Augustine, Fla.
IronPlanet will offer more than 250 pieces of heavy equipment on June 8 at the Cat Auction Services' online public auction based in St. Augustine, Fla.
Diesel-powered pickup trucks sell for more than 30% of their gasoline counterparts after three years of fleet usage and return greater value with higher odometer readings, according to data from ADESA.
Nissan, Ford, General Motors, and Toyota vehicles helped these car and truck makers lead Vincentric's 2016 Best Fleet Value in America awards that were announced today.
IronPlanet will continue its series of Cat Auction Services auctions with a May 25 heavy equipment auction in Ballard, Utah on May 25. The sale is the fifth of six major onsite auctions this spring, along with events in the U.S., Canada and the United Kingdom.
Rising used vehicle depreciation pulled average April values into the red in a month that's typically the last strong month of the spring season, according to Black Book.
Black Book has new data that shows truck segments may be feeling additional pricing pressure, resulting in many trucks not holding their values as well as in previous years.
IronPlanet has scheduled a live heavy equipment auction in its series of Spring 2016 Cat Auction Services live events for May 3 in Dallas-Fort Worth, Texas.
Used vehicles depreciated an average of 3.6% in the first quarter compared to 0.6% in 2015 in a signal of sharper depreciation, but values improved in March over January and February levels, according to Black Book.
IronPlanet has scheduled its Spring 2016 Cat Auction Services sale with an unreserved public auction in the Denver area for April 13, the company announced.
IronPlanet's first spring auction will take place on March 23 in St. Cloud, Minn. This Midwest auction is the first of five major onsite events this spring across the U.S., Canada, and the U.K.
Full-size pickups led vehicle depreciation in February, while mid-size cars, full-size cars, and utility vehicles held their value best, according to Black Book.
Used commercial vehicle transactions of GVW 3-8 vehicles were just over 176,000 units during the last quarter of the 2015 calendar year, up 14.3 percent from the same time period in 2014 calendar year.
IronPlanet sold more than 2,350 items for $93.8 million in gross merchandise volume (GMV) at its Cat Auction Services unreserved public auction in Kissimmee, Fla., last week.
Used Full-Size SUVs depreciated the least, while compact vans and Subcompact Luxury CUVs fell hardest in the auction lanes during January, according to Black Book's monthly report.
GovPlanet, IronPlanet's online marketplace for used government surplus, is auctioning three High Mobility Multipurpose Wheeled Vehicles (HMMWVs), or Humvees, and donating the proceeds to the Fisher House Foundation.
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