Yoder & Frey, leading auctioneers of heavy construction, mining and agricultural equipment in the USA, reported massive increases in attendance and interest at its recent one day Kissimmee Auction in late October; a positive prelude to the now famous, Kissimmee winter equipment sale, which commences for a week from Feb. 12th-16th 2019 and will be the place to buy quality used machinery.
The one day Yoder & Frey sale in late October saw more than a quarter of all bidders attend a sale for the first time and just under half of them were successful first time buyers, grabbing some impressive equipment and helping drive the hammer total for the 400+ lots sold up to over $3.6 million for the day. First time buyers also accounted for almost two-thirds of the overall sale by value, proving demand is strong with new and existing buyers alike and recognizing the quality of the equipment on offer.
Bidders came from across the country and there was considerable online interest from local and international buyers via Yoder & Frey’s website and online bidding applications which together accounted for almost half of all the winning bids.
“Overall we were pleased with how our recent Kissimmee auction went,” stated Peter Clark, President of Yoder & Frey. “We realized good numbers for our consigners and our buyers left with quality equipment. The fact that first time buyers accounted for two thirds of the overall buyers show that the quality of the equipment consigned is really attracting more and more new customers all the time.”
The final Yoder & Frey auction of the year is scheduled to take place in Ashland, Ohio on Dec. 6.
“We have also seen significant interest in our next Ashland auction following the Section 179 tax deduction announcement, particularly as the limit for the tax year to December 2018 was increased to $1,000,000 if under $2.5m of equipment is purchased and put into use in the year. This doubles the deduction limit compared to last year, and it now applies to the purchase of used equipment too so it’s good news for all. Our Ashland sale is timed perfectly to take advantage of the concessions available.”
Being part of the Euro Auctions Group global network of companies provides Yoder & Frey with access to a global market place in which to promote consignors equipment to over 150,000 buyers in over 95 countries. They can all buy via the internet through the free to use robust and secure online sales platform that underpins the Yoder & Frey brand. Founded on family values, its straight forward and friendly service enables both long established customers and the growing number of first time buyers to easily buy and sell equipment and machinery as it perfectly meets their needs.
Register for upcoming auctions
For information and to pre-register for the upcoming Yoder & Frey Kissimmee Auction in Feb.(12-16) or other auctions including the upcoming Ashland, Ohio sale on Dec. 6 2018, potential consignors and all bidders should visit the Yoder & Frey website(www.yoderandfrey.com). Alternatively Yoder & Frey can be contacted by email at firstname.lastname@example.org or called on 001 419.865.3990. Catalogues and further information on all other forthcoming Global auction events are also available from Euro Auctions at www.euroauctions.com
Other upcoming international Euro Auctions sales in November include three‑day auctions at its Leeds, UK site 28-30th; and one‑day auction in Zaragoza, Spain on the 27th. Then in December there is a one-day sale in Dubai on the 10th; and two-day sales in Dormagen, Germany on 12-13th and Dromore, Ireland on 14-15th.