A truck and trailer auction was hosted by Park Village Auctions on August 4, which, according to LeRoy Augustyn of Park Village Auctions, is “indicative of positive agricultural sentiments all around”. Buyers were in good spirits, sharing their enthusiasm .

“We saw fantastic prices fetched on farm equipment across the board – a positive sign that farmer s recognise the value for money that auctions offer and see auctions as a smart and sustainable way to re-invest in their farms,” explains Augustyn.

Noteworthy vat exclusive sales recorded at the auction:

_ A 2013 Volkswagen 4.250 drop side rigid truck with crane, sold for R860 000

_ A 2015 John Deer 612C 12 row corn header, sold for R375 000

_ A 2015 Hyno 500 1626 drop side rigid, sold for R670 000

_ A 2014 UD GW26-140 truck tractor, sold for R500 000

_ A Landini Technofarm R-60 tractor, sold for R165 000

_ A 2013 Landini DT 115 4WD tractor, sold for R330 000

_ A 2005 Toyota 3 ton forklift , sold for R90 000

_ A 2014 Kerney side tipper link trailer, sold for R100 000

Augustyn notes that these outcomes are in line with the figures from the latest South African Agricultural Machinery Sales (SAAMA) report, where tractor sales for July 2017 are up 11% from the corresponding period last year. Furthermore, Augustyn believes that tractor sales will remain stable over the coming months as buyers are preparing for the 2017 planting season which starts in October.

“Overall, we enjoyed a great auction and have received positive feedback from all of buyers. There appears to be renewed faith and energy in the agriculture sector. One buyer even stated that he has “never had such a good year” which is incredible news on the back of all the droughts that struck our country. We remain hopeful that things will turn around in the Cape soon.”

When and Where

PVA’s next truck and trailer auction is due to take place on Thursday, September 14 at 10.30am.

The upcoming auction will feature a wide variety of bank repossessed truck tractors, yellow metal, ‘rigids’ and trailers .