News

Used Truck and Equipment Auction and Asking Values Continue Upward Trend

LINCOLN, Nebraska — August 11, 2021



Despite the month-to-month stabilization of used heavy-duty truck and construction equipment inventory levels within Sandhills Global marketplaces in July, auction and asking values continue to rise, according to a new Sandhills Global Market Report. Historically, once inventory begins to turn, auction and then asking price increases begin to slow....
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Sports Cards, Classic Autos Up for Bid on HiBid After Nearly 500,000 Lots Sold Last Week

OCALA, Florida — August 11, 2021



In auctions currently running on HiBid.com, bidders can compete for power tools, rare sports cards, autographed sports memorabilia, a 1956 Ford Fairlane Victoria, Harley-Davidson motorcycles, and thousands of other items....
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HiBid.com Auctions Now Featuring Vintage Collectibles, Motorcycles, Guitars, and More Following a $34 Million Week of Sales

OCALA, Florida — August 5, 2021



Incredible variety is a hallmark of the popular HiBid.com platform. Auctions currently posted on HiBid.com feature vintage and new collectibles and toys, antique Harley-Davidson motorcycles, grand concert pianos, electric guitars, pool tables, classic station wagons and pickup trucks, lawn-care equipment, and much more....
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JBS Auctions Uses Pre-AuctionTime and AuctionTime to Meet SFI JV’s Equipment Disposal Goals

LINCOLN, Nebraska — August 5, 2021



When the construction firm SFI Joint Venture needed to dispose of excess equipment at the close of a major construction project, the firm chose JBS Auctions for the job....
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$42.5 Million Sold Last Week on HiBid.com, with Current Auctions Featuring Rare Coins, Online Retailer Returns, and Christmas in July

OCALA, Florida — July 28, 2021



Auctions on HiBid.com last week exceeded $42.5 million in gross auction proceeds and $78 million in gross merchandise volume. In a combined total of 1,304 online-only and webcast auctions held from July 19th through the 25th, nearly half a million lots were sold....
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Used Equipment and Truck Inventory Levels Improve Following Protracted Decline

LINCOLN, Nebraska — July 26, 2021



A new Sandhills Global Market Report notes the stabilization of used construction equipment, farm machinery, and heavy-duty truck inventories within Sandhills Global marketplaces in June, following steady declines since Q2 2020....
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HiBid Auctions Generate Nearly $36 Million Last Week, with Jewelry, Rare Coins, and Antique Auctions Now Underway

OCALA, Florida — July 20, 2021



In the week ending July 18th, 2021, HiBid.com facilitated the sale of nearly half a million lots in a combined total of 1,289 online-only and webcast auctions. These auctions generated close to $36 million in gross auction proceeds, with 857,000 bidders placing 1.39 million bids per day, on average....
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Sandhills Global Launches Value Insight Portal for Instant Access to FleetEvaluator Valuations

LINCOLN, Nebraska — July 19, 2021



Sandhills Global announces the launch of Value Insight Portal (VIP), the fastest and easiest way to receive accurate market values for your equipment. VIP is powered by FleetEvaluator, Sandhills’ proprietary asset valuation tool....
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Vintage Americana and Overstock Bargains Now on HiBid.com Following High-Volume, High-Traffic Week of Auctions

OCALA, Florida — July 14, 2021



In last week’s auctions on HiBid.com, close to a million bidders per day, on average, placed bids in a combined total of 1,359 online-only and webcast auctions. These events brought in over $31 million in gross auction proceeds and nearly $50 million in gross merchandise volume....
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Equipment Values Continue to Increase Even as Used Inventory Levels Begin to Stabilize After Historic Declines

LINCOLN, Nebraska — July 9, 2021



Following months of inventory declines across the farm machinery, construction equipment, and heavy-duty truck markets, a new Sandhills Global Market Report signals the potential stabilization of inventory levels in key market segments....
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Classic Cars, Trucks, and Motorcycles Now Open for Bidding After HiBid Closes $35 Million Week

OCALA, Florida — July 7, 2021



HiBid.com facilitated the sale of more than $35 million (gross auction proceeds) in assets last week, with over 390,000 lots sold in 1,045 online-only and webcast auctions. From June 28th through July 4th, an average of 813,000 bidders placed 1.3 million bids each day. Items currently up for bidding on the site include late model and classic cars, antique pickup trucks, new electric moped scooters, rare coins, real estate, lawn and garden tools, and much more....
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Midwest Equipment and AuctionTime Provide Fast Turnaround, Strong Selling Prices for Major Contractor

LINCOLN, Nebraska — July 7, 2021



Midwest Equipment and AuctionTime.com recently beat the clock—and selling price expectations—to liquidate a package of machinery and trucks for a large contractor in the central United States. The customer had reached out to Midwest’s Jake Swisher on June 7th, 2021 with a list of excavators, heavy trucks, and three-quarter-ton pickups to be auctioned off. There were two caveats: the customer’s 50 assets were spread out across three states, and it all had to be sold within 24 days, by July 1st....
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Wide Selection of Vehicles and More Now Up for Bidding on HiBid.com Following $55 Million Week

OCALA, Florida — July 2, 2021



HiBid.com auctions last week generated over $55 million in gross auction proceeds from a combined total of more than 1,500 online-only and webcast auctions. From June 21st to the 27th, bidders placed 1.41 million bids per day, on average, resulting in the sale of nearly 586,000 lots. Bidders are currently competing for the winning bid on all kinds of vehicles, including classic trucks, restored cars, well-maintained motorcycles, and impound and salvage vehicles....
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Nearly $47 Million Sold Through HiBid Last Week, with Motorcycles, Boats, Antique Cars and More Now Open for Bidding

OCALA, Florida — June 23, 2021



Auctions held through HiBid.com last week generated nearly $47 million in gross auction proceeds in a combined total of 1,371 online-only and webcast auctions. From June 14th through the 20th, bidders placed 1.43 million bids per day, on average, resulting in the sale of over half a million lots and a gross merchandise volume exceeding $75 million....
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Late-Model Heavy-Duty Trucks and Construction Equipment Leading Increase in Asking Values

LINCOLN, Nebraska — June 22, 2021



The Sandhills Equipment Value Index (EVI) continues to show a year-over-year rise in asking values within the U.S. heavy-duty sleeper truck and dozer markets. According to a new Sandhills Global Market Report, late-model trucks and equipment are driving the value increases. Bucking this trend, however, asking values for combine harvesters continue to indicate YOY gains across all age groups....
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Sales on HiBid Top Half a Million Lots Last Week, with Large Estate and Car Museum Auctions Now Underway

OCALA, Florida — June 16, 2021



In the week ending June 13th, 2021, HiBid.com facilitated the sale of more than half a million lots in a combined total of 1,294 online-only and webcast auctions. These auctions generated over $46 million in gross auction proceeds, with 884,400 bidders placing 1.46 million bids per day, on average....
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Heavy-Duty Truck and Construction Equipment Asking Values Still Trending Upward

LINCOLN, Nebraska — June 10, 2021



Asking values for used commercial trucks and construction equipment in the United States continue to increase while farm machinery asking values continue to hold steady, according to a new Sandhills Global Market Report. The report affirms that heavy-duty sleeper and day cab trucks, excavators, crawler dozers, wheel loaders, skid steers, combines, and 100-plus-horsepower tractors continue to command higher selling prices compared to last year amid a lack of inventory....
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Current HiBid Auctions Include Speedboats, Jet Skis, Sports Cars, Motorcycles, and More, Following $30.7 Million Week

OCALA, Florida — June 8, 2021



As summer approaches, HiBid.com is the auction platform of choice for numerous auction events featuring speedboats, Jet Skis, motorcycles, campers, sports cars, pickup trucks, antique vehicles, gym equipment, factory-sealed sports cards, and many other assets that are especially popular this time of year. Over $30.7 million in gross auction proceeds were sold last week through HiBid.com in a combined total of 1,334 online-only and webcast auctions....
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HiBid Records $44 Million in Auction Sales Last Week, with Returned and Seized Items Now Up for Bidding

OCALA, Florida — June 3, 2021



A wealth of online retailer returned items, vehicles seized by U.S. Customs and Border Protection, and an incredible range of other assets across hundreds of categories are now up for bidding on HiBid.com....
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Over Half a Million Lots Sold in HiBid Auctions Last Week, with Motorbikes, Memorabilia, and More Now Up for Bidding

OCALA, Florida — May 27, 2021



Buyers rely on the HiBid.com auction platform to find an incredible array of goods, from everyday household items to sprawling acreages, with hundreds of categories in between. Last week alone, HiBid.com facilitated the sale of more than 560,000 lots, generating nearly $48 million in gross auction proceeds from a total of 1,456 online-only and webcast auctions. Currently, antique cars and motorcycles, rare coins, collectible figurines, and real estate are among the thousands of lots up for bidding....
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Late-Model Assets Driving Value Increases Across Heavy-Duty Truck and Equipment Industries

LINCOLN, Nebraska — May 20, 2021



Used commercial trucks, construction equipment, and farm machinery in the United States continue to outperform their year-over-year auction and asking values, according to a new Sandhills Global Market Report. The report affirms that heavy-duty sleeper trucks, crawler dozers, and 300-plus-horsepower tractors continue to experience high demand and a scarcity of inventory....
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HiBid Auctions Feature Everything from Repo Vehicles to Fine Jewelry, with Over $40 Million Sold Last Week

OCALA, Florida — May 20, 2021



The HiBid.com auction platform facilitated the sale of more than 520,000 lots last week, generating $40.8 million (gross auction proceeds) from a total of 1,361 online-only and webcast auctions. Each day, on average, 969,800 bidders placed 1.59 million bids....
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Used Construction Equipment, Heavy-Duty Truck, and Ag Machinery Values Continue Upward Trend

LINCOLN, Nebraska — May 11, 2021



Year-over-year improvements in asking and auction values continue to be the trend across the used construction equipment, agricultural equipment, and commercial truck markets, according to a new Sandhills Global Market Report....
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HiBid Auctions Now Featuring Motorcycles, ATVs, Antique Gas Pumps, and More, Following $41 Million Week

OCALA, Florida — May 11, 2021



Over $41 million (gross auction proceeds) in goods were sold last week through HiBid.com in a combined total of 1,256 online-only and webcast auctions. From May 3rd through the 9th, over 954,000 bidders placed 1.59 million bids per day, on average, resulting in the sale of 473,039 lots. Items currently featured on HiBid.com include custom-built motorcycles, pickup trucks, ATVs, antique gas pumps, boats, acreages, and much more....
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HiBid Auctions Top $53 Million Last Week, with Horses, Motorcycles, Appliances, and More Now Open for Bidding

OCALA, Florida — May 4, 2021



HiBid.com facilitated the sale of more than $53 million (gross auction proceeds) in assets last week alone, with over half a million lots sold. From April 26th through May 2nd, in a combined total of 1,359 online-only and webcast auctions, 931,000 bidders placed 1.57 million bids per day, on average. Items currently up for bidding on the site include performance horses, real estate, motorcycles, electric scooters, home appliances, and much more....
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