Ford F350 Dump Truck, PEABODY NETS MORE THAN $53K IN USED VEHICLES ONLINE AUCTION-The first online auction of used vehicles in the city generated over $ 50,000, almost double the previous sale.The sale, closed on Friday night, produced 2 156 bids for three dozen trucks, vans and “retired” cars in the city. Everything was sold. The city reported a net profit of $ 53,550 and the auction house received $ 795.
The most expensive items were the Case 590SL loader from the 21st century, which raised $ 14,200; the 2004 Ford F350 Super Duty Truck with just 17,000 miles and costing $ 6,000; and Bluebird Vision 2010 School Bus was sold for $ 3,100.
There were also some opportunities. The 2002 Ford Taurus sedan, with 69,000 miles, was sold for $ 270 and Taurus for 1999 and 55,000 miles for $ 290.The city hoped to raise funds by selling used items such as fire trucks, school buses, trucks, cars, trucks, and road equipment.At the last auction five years ago, two dozen vehicles were sold, ranging from $ 200 to $ 10,000, and the city raised nearly $ 28,000.
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This time, the city hired Auctions International, which specializes in helping local authorities sell outdated vehicles. The New York company does not charge the city for the service, but charges the buyer a premium.Daniel Doucett, the purchaser of the auction coordinating city, said he was satisfied with the results and found that there were far more bidders than in previous auctions because they were online.”We were very interested in buyers who just wanted to buy heavy equipment, and these products were very good for us,” he said.Doucette is looking forward to arranging another extra auction after a business day.Mayor Christopher Ryder said the city was satisfied with the results of the city’s first online auction.”It’s great to sell extra vehicles and invest a good amount of money in the city’s general fund to buy new vehicles,” he said.
Mr Klisiewicz, CEO of Auctions International, said his company has over 1300 contracts with communities and schools in the northeast. The company continues to grow.”Some communities are still happy with their city auction, but we’re making a little bit of them a bit of an online experience,” he said. “It’s much more profitable for him” …….
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