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CVA has record auctions

28th November 2002
Page 55
Page 55, 28th November 2002 — CVA has record auctions
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Which of the following most accurately describes the problem?

• Commercial Vehicle Auctions is playing host to some of its biggest sales to date, says managing director, Chris Wright. "At one auction recently we sold 211 vehicles and trailers-64.8% of the entry—and turned over upwards of Dm," he reports. "Anybody who says the trade is flat on its back wasn't in Doncaster that day."

A large number of Scania tractors came under the hammer ("a frustrated export order", Wright reports) with plenty of interest in 3 Series models. M-reg 1994-vintage Ri i3 320 4x2s were selling for £4,000 apiece, while an L-reg/1993 Ri 1336o 6x2 was sold for 14,75o. An L-reg R113 320 6x2 from the same year went for £3,750.

"We had a lot of N-plated R113 360 4x2s fetching L5,5oo to L5,75o each," Wright adds. But what about 4 Series tractors? "We had Pcab 124 400 4x2s, 1997 on a plate, selling selling from £7,800 to £8,600," he says.

However, star of the show was a Volvo: "A zoo!, Y-plated, FH 6x2

420 Globetrotter—a peach of a truck—directly entered by a finance company went for £43,75o," Wright reports, and older FR Globetrotters did well too: "We sold an R-reg 1997 FFIr2 6x2 420 Globetrotter for £20,500, and a left-hand-drive version of the same model-1995 on an N—for LI2.000."

MAN tractors were in demand too. An 18.4.034x2, sleeper was sold for £8,750, while a 2.2.4636x2 with a Roadhaus cab went for £14,000. Both were R-reg, dating from 1998.

"There's no sign of a pre. Christmas dip in prices," Wright adds. "As for 2003, I reckon late-registered used trucks will become even dearer, because it's impossible for operators to get new ones quickly due to the long lead times.

"East European buyers are snapping up 1988 to 1995 models at £4,0x00 to £7,00v0 each, and it's interesting to note that they buy on condition rather than age. They'll pay as much for a 1990 one as they will for a 1995 one if it looks right. However, tipper trailers are getting hard to sell unless they're fairly recent models."

Business is healthy at Manheim Auctions too, according to national HGV and plant manager Jeremy Martell: "At a recent sale at our Leeds branch we had well over zoo vehicles entered and sold 70% of them. At Colchester we're currently selling 65 to 70% of an entry that's typically around 150 vehicles strong."

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Locations: Leeds