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Good profits made at first CVA auction
Page 50
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• Commercial Vehicle Auctions saw a flying start to 2003, disposing of 223 trucks and trailers worth almost £1.4m at its Doncaster site in its first sale this year.
"We started at roam and finished at 5.10pm, and had more people here than I've seen for a long time," says managing director Chris Wright. "What's more they were a good mix of traders, end-users, and people buying for export.
"A lot of doom and gloom was being preached back before Christmas, and we were meeting a little bit of resistance from bidders. But things seem to have changed," he continues.
"In our first sale of the year, we were able to dispose of vehicles that had remained unsold during the previous two sales, and make good money out of them."
The star turn was an extraordinary-looking Volvo FH16 530 Globetrotter XL tractor with a custom paint job and laden with every conceivable extra. "It had leather seats, two fridges and an oven," Wright says. "It was very much a one-off."
Despite the fact that it was E-registered and dated back to 1988, it sold for £8,500.
Rather more mundane Volvos were selling well too.
"An FLici steel-bodied eightwheel tipper, 1996 on a P -plate, went for £12,750, while an FLto 8x4 rear-end loader-1996 on an N plate—was sold for /13,000," says Wright. "The vendor was absolutely delighted.
"We had 15
FL618 curtainsiders and boxes come in, all N and P-registered, and
they fetched £5,000 to £5,500 apiece."
The difference between what bidders were prepared to pay before Christmas, and what they're willing to pay now, was highlighted by what happened to five 1998-vintage Sregistered MAN 18.403 4x2 tractors. "We sold them for £7,600 to £7,700 each," he reports. "People were bidding £6,500 for them previously."
Mercedes had its moment of glory too. "A day cab 1823 box van with a 26ft body, dating back to 2000 and W-registered, went for L18,500," he says.