Ritchie Brothers Auctioneers are the top auctioneers for trucks, trailers, construction machinery, and farming equipment. Ritchie Brothers have about 40 locations in the United States and in Canada. You can buy anything from RB inventory like used heavy trucks, day cab trucks, dry van trailers, reefer trailers, flatbed trailers, construction machinery, and heavy farming equipment.
Where is the Ritchie Brothers Action is happening in Canada?
On May 5, 6, and 7th, the latest Ritchie Brothers Auction will take place in Toronto, Ontario, Canada. The Ritchie Brothers Auctioneer Toronto location is at 3 Manchester Ct, Bolton, Ontario. The directions are here.
It will be the buyer’s market in this auction because of
Used truck inventory at Ritchie Brothers Auctioneers
About 600 trucking companies were bankrupt in the United States and Canada last year. Most of the trucks of the bankrupt companies are being sold at different locations of Ritchie Brothers Auctioneers. Celadon, a good American trucking company, went bankrupt last year, and they sold all the equipment to RB Auctioneers. The handyperson Canada, a company of Celadon, also sold around 1700 trucks to the Ritchie Brothers Auctioneers. So this time will be the buyer’s market on the truck action happening at Ritchie Bros.’s Toronto location in May.
Everybody is selling trucks
Because of this pandemic, the owner-operators, small fleets, and bankrupt trucking companies are in the truck sellers line this year. Apart from that, there will be less competition among the big players like Pride truck sales Mississauga, Arrow Truck Sales, Value Truck Sales, Sheehan Truck Center Burlington, Eagle Truck Sales, Value truck sales and Upper Canada Truck Centre. Because they are already struggling with the market slump. So there will be the used truck buyer’s market in the Ritchie Brothers Yard in Bolton.
Used truck buyers
Ritchie Brothers Auctioneers have a good inventory of used trucks. You have a significant chance to select from used Peterbilt trucks, Freightliner trucks, Volvo trucks, International trucks, Kenworth trucks, Mack trucks for heavy haul, and the great solid Western Star trucks. Why not take the benefit of the buyer’s market? The handyperson Canada had great used day cab trucks, well-maintained highway trucks and all will be available on the auction.
Truck Loan
You can get a cheap truck loan from this pandemic. Many truck loan providers in the Greater Toronto Area, like T Pine Leasing, Peel Financial, Truck Loan Hut, Truck Loan Center, Toronto Truck Loan, etc. are offering cheap truck loans. Even many truck loan companies are offering low-interest rate truck loans and payment deferral up to 6 months. So if you are thinking of buying a used truck, take the benefit of this low-interest market.
How can you take part in Ritchie Brothers Auctioneers used truck sale event in Bolton, Toronto location?
The auction is happening online. You can register for this clicking on this link or on the Ritchie Brothers Auctioneers website. A detailed video on how to take part in the RB Auction is available on this link.
You can call at 905-857-2422 for more information.
More trucking articles, trucker social media, trucking jobs, directory of truck repair and maintenance shops, and even more available at truckervicez.com.
Thank you, I’ve recently been searching for information about this topic for a long time and yours is the best I have found out so far. But, what in regards to the conclusion? Are you sure concerning the source
Thanks for your time, Please clarify the source you are talking about. There are multiple links in the article.