Ritchie Bros is Officially Taking Over

2016 was a very busy year for Ritchie Bros.  Here is a recap of their corporate acquisitions last year: In the 3rd Qtr, Ritchie Bros acquired Ironplanet for $758.5M.  “Together with IronPlanet, we will create a combined company of trusted brands with the ability to provide customers around the world with a greater number of…

How to Buy Heavy Equipment Safely & Avoid Unethical Sellers

If you are in the market to buy a machine online there are two things you need to consider: Buy the machine(s) you need from an ethical seller. Determine what the current market values so you don’t overpay. The second point is driven specifically from the first point.  If you buy a machine from an…

How Can You Determine the Fair Market Values on Used Heavy Equipment?

Many people are running into the same problems when trying to find the right price for used heavy equipment. With no pricing resource, how do you know you’re making the right decision when purchasing or selling used heavy machinery? There are a few resources that can help you determine Fair Market Values: You can go…