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Aug 2011

Wilsons Proving HGVs are Still Making Strong Money

Wilsons News

The commercial departments in England, Ireland & Scotland are recording a consistent upward buying trend for good HGV entries. Recent results in the group include: 1999 Volvo FH12 420 6x2 Tractor Unit with 694K KM - 165% CAP Clean 2001 Volvo FH12 460 6x2 Tractor Unit with 153K KM - 127% CAP Clean 2000 Scania 164L 460 4x2 Tractor Unit with 734K KM - 133% CAP Clean 2001 Scania 164L 480 4x2 Tractor Unit with 995K KM - 125% CAP Clean 2003 Volvo FH12 460 6x2 Globetrotter with 747K KM – 105% CAP Clean Also an Unreserved auction in Ireland conducted by Wilsons Auctions Dublin branch saw an entry of 26 x 2005/06 Hino 700 Series Tippers and Cement Bottles achieve an Average result of 110% of CAP Clean with the best performer a Mar 2005 Hino 700 Series 8x4 Tipper with 321,000KM achieving 117% of CAP Clean. Each one of the 26 Hino entries was sold for more than 102% of Cap Clean. Is unreserved the way to go? Although many fleets would be very reluctant to commit to an unreserved policy a well maintained fleet in an unreserved auction can attract some very strong bidding. In a recent Wilsons Auctions sale of government vehicles a cross section of unreserved small, medium and large LCV’s achieved a very respectable 112% of CAP. Including a 2003 Ford Transit Connect T200 75 1.8TDi SWB with 207K miles hitting 141.3% other LCV’s also reached 126% & 121% of CAP clean. These results achieved for entries from Police, Local council, Education boards, Health & Social care trusts demonstrate perfectly how an unreserved policy can be a benefit.