Upcoming XCMG auction offers exclusive access to quality construction equipment

If you’re in the market for construction machinery, mark your calendar for December 4, 2024, when Ritchie Bros. and XCMG will host their second exclusive online IronPlanet auction, featuring over 300 units of top-notch XCMG equipment. This partnership brings to buyers not only direct access to factory-owned machinery, but also the opportunity to leverage Ritchie Bros.’ extensive support and bidding technology.

Here’s a look at what makes this event a unique opportunity for buyers and how sellers can also benefit from joining forces with Ritchie Bros.

Why buyers should join the XCMG auction on December 4

Building on the success of June’s XCMG auction, which attracted buyers from over 28 countries and saw more than 1,700 bids placed on premium equipment, this December event offers buyers unparalleled advantages, including:

• Direct Factory Access: All equipment comes straight from XCMG’s production facilities, meaning buyers can rest assured they’re getting quality machines built to the manufacturer’s original standards.
• Broad Range of High-Quality Machinery: The auction includes diverse late-model, low-hour machines from XCMG, a company renowned for its innovations in heavy equipment. Buyers will find items like cranes, excavators, rollers, and more—all available for inspection at XCMG’s yard in Xuzhou, China.
• Convenient Online Bidding with IronPlanet: Ritchie Bros.’ IronPlanet platform makes participating in the auction simple, no matter where you’re located. Interested bidders can start placing bids as early as November 18, and the live auction closes on December 4.

Reflecting on the success of June’s XCMG auction

The June 11 auction highlighted the strong demand for XCMG equipment, with 233 units offered and 103 sold to buyers spanning five continents. The event was an overwhelming success, with 66.9 million ad impressions, 2.4 million visits to IronPlanet, and thousands of items added to watchlists.

Ritchie Bros. successfully reached a global audience, showcasing the power of online auctions for high-quality machinery from leading manufacturers like XCMG. This December 4 auction builds on that momentum, offering buyers yet another chance to benefit from XCMG’s world-class machinery.

Why customers choose Ritchie Bros. for their selling needs

Ritchie Bros. is more than just an auction platform — it’s a trusted global marketplace with multiple selling channels, each designed to meet the varied needs of sellers. Here’s how sellers can benefit from listing their assets with Ritchie Bros.:

• Global Reach & Unmatched Exposure: Ritchie Bros. boasts a presence in over 14 countries and 60+ permanent auction sites, reaching millions of bidders across more than 170 countries.
• Flexible Selling Channels:
  • Ritchie Bros. Online Unreserved Auctions: These offer transparent, competitive bidding, ensuring equipment sells to the highest bidder without reserves.
  • IronPlanet Featured Auctions: Convenient online-only events like the XCMG auction enable sellers to reach a broad audience and leverage the convenience of online sales.
  • Marketplace-E: A 24/7 online marketplace with reserved price options, providing sellers greater control over the timing and pricing of their assets.
• Additional Value through Industry-Leading Services: Ritchie Bros. provides end-to-end solutions for sellers, from asset valuation and market insights to fleet management, logistics, and even financing options.

This December auction with XCMG reflects the successful collaboration between Ritchie Bros. and one of China’s largest machinery manufacturers, designed to provide buyers and sellers with unique benefits. Don’t miss your chance to participate in this event and gain access to premium XCMG equipment.

For more information on how to join, visit IronPlanet and start exploring the possibilities with Ritchie Bros.