Ritchie Bros. presents 5 tips to determine the value of a used loader
The next Ritchie Bros. auction in Dubai will be held on 10–11 March 2020 in Jebel Ali Free Zone.
Many businesses grapple with the decision to buy new or used machinery. Both options have their advantages, but from an economic stand point, buying a good used machine can be very interesting. After narrowing down the choice in offering, how does one evaluate if a machine is good for the job at hand?
What are the key points to look at when inspecting a wheel loader? The video demonstates how to inspect the following parts of the loader.
1. Wheel loader bucket, bucket teeth, bucket cutting edge and lift arms
2. Hydraulic system and engine
3. Cab and general operation
4. Center articulation point
5. Frame, ROPS/FOPS
Ritchie Bros. is also gearing up for its first Dubai auction of 2020, on 10–11 March. The auction will feature the recently introduced PriorityBid functionality. The previous Ritchie Bros. auction in Dubai on 10–11 December 2019attracted 74 bidding countries and 46 buying countries; 60% of the bidders registered online. The auction featured a range of heavy equipment and vehicles including dozers, loaders, graders, excavators, mobile cranes, and trucks. The top assets in terms of value of lots purchased were wheel loaders, hydraulic excavators, and motor graders; 1663 assets were sold at the auction, and 40% of the sales came from outside the UAE.