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.
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