News

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....
Read More

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....
Read More

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....
Read More

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....
Read More

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....
Read More

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....
Read More

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....
Read More

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....
Read More

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....
Read More

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....
Read More

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....
Read More

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....
Read More

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....
Read More

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....
Read More

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....
Read More

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....
Read More

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....
Read More

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....
Read More

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....
Read More

AuctionTime Sale Tops $20 Million, Includes $2.4 Million Equipment Package from Frey & Sons

LINCOLN, Nebraska — May 3, 2021



In the final week of April, AuctionTime.com finished strong with over $20 million in gross auction proceeds (GAP). The sale attracted more than 7,000 unique bidders from around the world and resulted in over 3,100 assets sold. The winning bids for most items exceeded auctioneers’ expectations....
Read More

Over Half a Million Lots Sold Last Week in HiBid Online-Only and Webcast Auctions

OCALA, Florida — April 28, 2021



Auctions held last week through HiBid.com brought in more than $42 million in gross auction proceeds (GAP), with over half a million lots sold. From April 19th through the 25th, 1.03 million bidders placed 1.76 million bids per day, on average, in a combined total of 1,442 online-only and webcast auctions. Items currently up for bidding on the site include luxury cars, motorcycles, antiques, collectibles, real estate, and much more....
Read More

Sandhills Global Market Data Shows Declining Inventory Across Used Equipment Markets Is Driving Up Values

April 21, 2021



A new Sandhills Global Market Report highlights how the continuing decline in used inventory since the beginning of 2021 has affected the value of key equipment segments in the agriculture, construction, and commercial trucking industries....
Read More

Auction Sales Top $39 Million Last Week on HiBid.com, with Rare Coins and Classic Cars Now Up for Bidding

OCALA, Florida — April 21, 2021



In 1,142 online-only and webcast auctions held last week through HiBid.com, a daily average of 1.06 million bidders placed 1.81 million bids. Over 400,000 lots were sold, producing over $39 million in gross auction proceeds from April 12th-18th. HiBid.com brings buyers and sellers together every day with a wide-ranging selection of items across hundreds of categories that appeal to bidders worldwide....
Read More

Auction and Asking Values Continue Upward Trend Across Equipment Industries

LINCOLN, Nebraska — April 13, 2021



A new Sandhills Global Market Report highlights the continued growth in year-over-year auction and asking values, trends that have been on the rise across equipment industries throughout Q1 2021....
Read More

HiBid.com Auctions Surpass $50 Million Last Week; Taking Bids Now on VR Headsets, Pickup Trucks, and More

OCALA, Florida — April 13, 2021



HiBid.com’s online-only and webcast auctions bring buyers and sellers together with a vast selection of items in hundreds of categories, including rare coins, trolley cars, electronics, trading cards, and vehicles. A total of 1,196 auctions produced more than $50.5 million in gross auction proceeds (GAP) in last week’s sales. With a daily average of 1.08 million bidders placing 1.85 million bids, HiBid.com sold more than 439,000 lots last week....
Read More