News

Turboprop Aircraft Values Steadily Increasing Amid Tight Inventory Levels, According to Sandhills Global Market Report

LINCOLN, Nebraska — January 10, 2022



The latest Sandhills Global aviation market report finds that asking values for turboprop aircraft in Sandhills marketplaces increased 4.8% year-over-year from December 2020 to December 2021. Dwindling used turboprop aircraft inventory levels, especially in key age groups and for certain models, remain a primary driver of asking value increases....
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AuctionTime.com Closes 2021 with 3-Day, Record-Setting $72 Million Sale

LINCOLN, Nebraska — January 4, 2022



AuctionTime.com continued its record-setting success in 2021 with the largest December sale in its history. The over-$72 million sale (gross auction proceeds) spanned three days and is the culmination of AuctionTime.com’s massive end-of-year auctions throughout December. The recent sale drew more than 12,800 unique bidders placing bids from around the world vying for over 4,300 assets....
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As Equipment Inventory Levels Drop, Gap Narrows Between Auction Values and Asking Values

LINCOLN, Nebraska — December 22, 2021



A new Sandhills Global Market Report finds that low inventory levels among commercial trucks, construction equipment, and farm machinery in Sandhills marketplaces have resulted in a narrowing gap between auction and asking values....
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New Sandhills Global Market Report Underscores Supply and Demand Trends Impacting the Aviation Industry

LINCOLN, Nebraska — December 10, 2021



Sandhills Global announces a new market report identifying noteworthy supply and demand trends within the used piston single aircraft category in Sandhills marketplaces....
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Auction Values Increasing Across Equipment Industries, Generating Big Returns

LINCOLN, Nebraska — December 8, 2021



Auction values in Sandhills Global marketplaces were up 74% year-over-year in November for used heavy-duty trucks, up 18.2% YOY for used construction equipment, and up 14.5% YOY for used agriculture equipment, according to a new Sandhills Global Market Report....
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Sandhills Market Snapshot Shows Dozer Values Trending Up at Auction and Retail, Wheel Loader Values Remain Steady

LINCOLN, Nebraska — November 24, 2021



New market reporting from Sandhills Global examines the used heavy-duty construction market, which in October posted a 17% year-over-year increase in auction values and a 11.4% YOY increase in asking values....
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Values Still Rising on Late-Model Used Sleeper Trucks, Dozers, and High-Horsepower Tractors

LINCOLN, Nebraska — November 24, 2021



As supply chain disruptions continue to hinder the production of new commercial trucks, construction machinery, and agricultural equipment, prices are likewise continuing to climb....
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Sharply Rising Equipment Values Being Pushed by Steep Inventory Declines Across Industries

LINCOLN, Nebraska — November 8, 2021



The declining inventory levels seen throughout September continued unabated in major equipment categories during October, and a new Sandhills Global Market Report indicates used equipment values are responding with steep value increases as supply diminishes....
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Used Truck Values Continue Historic Ascent and Construction Equipment Values Remain Flat as Farm Machinery Dips Slightly

LINCOLN, Nebraska — October 19, 2021



As used heavy equipment inventory levels continue to decline, a new Sandhills Global Market Report indicates nuanced trends in machinery values within each industry....
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Combine Values Increasing as Inventory Continues to Decline, Reaching Lows Not Seen Since 10 Years Ago

LINCOLN, Nebraska — September 29, 2021



As we near the end of Q3 2021, combine inventory levels are well below historic levels in Sandhills marketplaces, according to a new Sandhills Global Market Report. At the same time, the percentage of combine inventory sold has increased 4.9 percentage points year-over-year, indicating an increased demand for combines. The coinciding inventory trends have strongly contributed to the recent increase in combine values....
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HiBid.com Sells Over $43.2 Million, Starts New Week with Classic and Late-Model Cars and Antique Motorcycles

OCALA, Florida — September 29, 2021



In auctions running from September 20th through the 26th, an average of 1.47 million bids per day were placed in a combined total of 1,477 online-only and webcast auctions. In all, the auctions brought in over $43.2 million in gross auction proceeds....
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HiBid.com Breaks Single-Day Records for Lot and Auction Totals, Starts New Week with Huge Estate and Coin Auctions

OCALA, Florida — September 21, 2021



HiBid.com facilitated the sale of well over half a million lots in last week’s auctions. On Friday alone, the site shattered previous records for the highest number of lots available in a single day and the highest number of auctions listed on the site....
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Following a $42.6 Million Week in Sales, HiBid.com Auctions Now Featuring Cars, Collectibles, Real Estate, and More

OCALA, Florida — September 14, 2021



Bidders regularly use the HiBid.com auction platform to find an unbeatable range of goods, including everything from household and office items, government-seized vehicles, and sports memorabilia to fine jewelry, high-end sports cars, yachts, and real estate....
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Used Farm Machinery and Truck Values Still Climbing as Construction Equipment Values Remain Steady

LINCOLN, Nebraska — September 13, 2021



While inventory levels within Sandhills Global marketplaces have ticked back down in August after leveling off briefly, auction and asking values for used agricultural equipment and heavy-duty trucks are continuing a sharp ascent, according to a new Sandhills Global Market Report....
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AuctionTime and a Sandhills Global Email Blast Bring Top Dollar for Midwest Motor Express Trucks

LINCOLN, Nebraska — September 8, 2021



AuctionTime.com, the premier online auction platform for the heavy machinery and commercial truck industries, outperformed expectations with a package of day cab trucks on September 1st, 2021. Regional carrier Midwest Motor Express of Bismarck, North Dakota, put the six 2010 to 2013 Freightliner Cascadia 125 trucks up for auction with the help of Ulmer Auction Service, attracting more than 1,000 bids from the American Midwest, Great Plains, and beyond....
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‘NCIS: New Orleans’ Props, Late-Model Luxury Vehicles, and More Open for Bidding on HiBid.com After $34.5 Million Week of Sales

OCALA, Florida — September 8, 2021



HiBid.com facilitated the sale of more than $34.5 million (gross auction proceeds) in assets last week in a combined total of 1,116 online-only and webcast auctions. Approximately 1.37 million bids per day, on average, were placed through the auction platform, with over 435,000 lots sold....
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HiBid.com Auctions Now Featuring Jewelry, Government Surplus, Rare Coins, and More Following a $47 Million Week of Sales

OCALA, Florida — August 31, 2021



Early holiday shoppers will find plenty of exquisite items and collectibles currently open for bidding on HiBid.com, including designer jewelry, coins more than 100 years old, and a vast selection of assets from government surplus and police seizures....
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Used Skid Steer Values Show Substantial Gains Based on Broad Analysis of 20,000-Plus Data Points

LINCOLN, Nebraska — August 30, 2021



New market reporting from Sandhills Global shows substantial year-over-year gains in skid steer retail and auction values within Sandhills marketplaces over a three-month period ending July 31st, 2021. Based on analysis of more than 20,000 data points, the Sandhills Equipment Value Index (EVI) identifies a 13% improvement in auction values and a 7% improvement in retail values for skid steers, including track and wheel models....
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Motorcycles, Antiques, and More Now Open for Bidding After HiBid Closes $40 Million Week

OCALA, Florida — August 25, 2021



HiBid.com facilitated the sale of more than $40 million (gross auction proceeds) in assets last week, with over half a million lots sold in a combined total of 1,333 online-only and webcast auctions....
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Late-Model Heavy-Duty Truck and Equipment Values Show Smallest Month-Over-Month Gain Year-to-Date Across Industries

LINCOLN, Nebraska — August 23, 2021



Stabilizing inventory levels of late-model used heavy-duty trucks, construction equipment, and farm machinery have moderated the groups’ general upward trend in asking values, according to a new Sandhills Global Market Report....
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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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