Machinery and clearing sales accounted for a third of all sales on AuctionsPlus in 2022, with 497 sales in total – up 7% on 2021.
Sales throughout the year generated a record $156 million in total transaction value. The average catalogue views reached 12,793 while the average number of connections increased to 1,655.
2022 quickly climbed the ranks of the machinery leader board with the Glenroy Clearing Sale on 2nd March grossing $7.2 million, the highest of any clearing sale interfaced online. 2,475 AuctionsPlus users connected to the sale and took home $4.4 million or 61% of the sale offering.
Only a month later on April 1st, the Mott Farming Closing Out Machinery Sale took out second place with $3.7 million in gross transaction value. An impressive feat when considering the sale offering was just 31 lots. A total of 2,868 connected users helped push the online only sale into the record books.
Our third-place getter came later in the year on September 6th, the “Wynola” Brookstead Clearing Sale grossed $2.2 million across 344 lots. Heated demand from 1,770 AuctionsPlus users pushed the online only sale to a 95% clearance rate.
The records don’t stop there, with a number of individual lots securing eye-watering prices online. Lot 2 – a John Deere R4060 Self Propelled Sprayer took the top honours as not only the highest priced lot in a machinery and clearing sale, but also the highest priced lot across all AuctionsPlus sales excluding property auctions. It sold for $702,500 in the Mott Farming Closing Out Machinery Sale on 1st April.
Second place goes to a $490,000 2017 John Deere Header, sold as lot 22 at the Willowvale Clearing Sale on 29th April.
Last but not least, lot 175 of the Glenroy Clearing Sale in South Australia, a 2020 John Deere 8R370 with Green Star, sold for $420,000 to an online bidder in NSW.