The market for used agricultural machinery in the UK remains vibrant as more and more farmers take difficult steps to sell their property due to retirement or changes in agricultural policies.
It is never an easy decision for a farmer to part with his equipment. But for those who made such a choice, the auction provides an “excellent opportunity” to find the maximum price for their equipment.
Auction for the sale of machinery remains an effective way to quickly and efficiently dispose of agricultural machinery and equipment. Three auctions held by Fisher German on farms in Nottinghamshire, Derbyshire and Staffordshire over the past few months have confirmed the strength of the used goods market.
Due to the uncertainties surrounding Brexit, overseas buyers, especially from Ireland and mainland Europe, are willing to pay good prices for equipment from the UK to take advantage of the weaker pound. And they also want to know exactly where the equipment they are buying comes from.
“The high prices for brand new cars have made used car auctions for buyers who want to find a rare deal at the auction, rather than relying on equipment dealers, more popular than ever,” said Jack Healy of Fisher German .
