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Trucks and Construction Equipment Drive 111% YOY Increase in Record AuctionTime.com

| February 19, 2021

After reaching new heights in 2020, the AuctionTime.com continues to deliver record revenues at the start of 2021

After reaching new heights for sales in 2020, the AuctionTime.com online auction platform continues to deliver record revenues at the start of 2021. AuctionTime.com has now surpassed all previous records set for February sales, with a February 17th auction that brought in over $29 million in GAP (gross auction proceeds) alone. This marks a 111% year-over-year increase and illustrates a continued successful trajectory for 2021.

“We’ve seen tremendous growth across industries,” says Sales Manager Mitch Helman. “This is especially true in the construction equipment and commercial truck markets, which were up over 400% in our recent record February 17th sale.” Sandhills Global is the tech company behind AuctionTime.com and numerous industry sites that work in conjunction with the platform, including MachineryTrader.comTractorHouse.com, and TruckPaper.com.

“AuctionTime provides sellers with a powerful, cost-effective platform for reaching an enormous buyer base,” says Helman. “And because it’s integrated with some of the most widely used retail platforms across multiple industries—TractorHouse, Machinery Trader, Truck Paper, and others—AuctionTime is in a prime position to give auction companies and consignors the buyer base they need to generate the highest returns.”

AuctionTime.com broke previous records in 2020, with more than $858 million in GAP for the year and over $163 million in GAP in December alone. December 31st marked the largest single auction ever held through AuctionTime.com, with sales exceeding $60 million in GAP.

Category: Equipment, Featured, For Sale, General Update, News, Products, Vehicles

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