Machinery sales top £7.5 million

Cheffins sold over £7.5 million worth of second-hand tractors and agricultural machinery during the first three months of this year at the firm’s dedicated sale ground at Sutton in Cambridgeshire.

by Steven Vale

25 Mar 2021

With over 20% of stock sold overseas, the most active countries buying at the monthly sales from January to March include Ireland, Poland, Sudan, Romania and France, following UK-based dealers and private purchasers.

"The highest grossing lot for Q1 2021 was a Fendt 936 Profi Plus Vario 4wd tractor (main picture) which sold for £60,000, followed by this 2015 John Deere 6195R tractor which fetched £54,000."

Each of the monthly auctions in the quarter achieved strong results; the January, February and March sales grossing £2 million, £2.7 million and £3 million respectively.

One of the self-propelled highlights was this Amazone Pantera (36m) which made £52,000.

“A lack of stock has been what has characterised results for the first quarter of this year,” comments Joe Page of Cheffins. “With the number of items on offer around 25% lower than Q1 2020, this lack of availability has ensured that prices have remained high for tractors and other second-hand machinery.”

This John Deere 8530 sold for £52,000.

He adds that the appetite for second-hand kit has continued unabated despite both Brexit and the coronavirus and export sales have remained healthy to countries both within the EU and further afield.

This 2017 JCB 541-70 Agri Pro telehandler and made £51,000.

The next monthly sale will take place on April 12. For more information visit www.cheffins.co.uk