Denver auction ?
Bob 06-29-2008
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Does anyone have information on the prices that were paid for the pumps at auction?
Bob 06-29-2008
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With out knowing the specifics of this particular auction; I feel that the international financial institutions that invest the money to acquire this equipment are short sighted. These same financial institutions that are the proximate cause of the housing ‘bubble’ and the current economic decay are giving the borrowers a less than equitable opportunity to weather these hard times. At a ROE of 40%, the financiers could have/would have done as well by giving the borrowers the same opportunity as the auctions. Their haste to remove this equipment from their (the financiers) books shows how little faith that they have in the American institution of free enterprise.

Remember Ross Perot? That ‘sucking sound’ is the result of the negative, profit at the expense of all attitude of the international investor on our free enterprise system.
dick tracy 06-29-2008
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You can shout as loud as you would like, but it does no good if your shouting at the deaf.

Richee Bros have conned the financial institutions, they dont care they get 10%. They have driven the market into the ground. They dont know what they sell and that is obvious in their listings.

It's their dog and pony show and 40 cents on the dollar is where they have taken the market.
peter pumper 06-29-2008
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In Phoenix 2 2006 schwing 39 meter went for $275,000.
dick tracy 06-29-2008
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Who put the base bids in at $250K?..Give you one guess.

Putz has too many coming to market to do that.
06 Putz 200k

Cifa does not do it either...however I think they should in certain cases. 06 CIFA 165K

 
husker 06-30-2008
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Bob,

I was at the sale and here are the numbers. If you have any questions feel free to give me a call.

2006 Mack with a 2006 Putz 47Z $365,000

2005 Mack with a 2005 Putz 36Z $250,000

2000 Mack with a 2000 Putz 36  $152,500

1999 Mack with a 2000 Putz 36  $140,000

2001 Mack with a 2001 Putz 32Z $147,500

2001 Mack with a 2001 Putz 32Z $147,500

2000 Mack with a 2001 Putz 32Z $137,500

2000 Mack with a 2000 Putz 32Z $137,500

2000 Mack with a 2000 Putz 32Z $127,500

2000 Mack with a 2000 Putz 32Z $140,000

2000 Mack with a 2000 Putz 32Z $140,000

Mike
Bob 06-30-2008
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AAHHHHHHHHAAAAAAA

 
Bob 06-30-2008
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 A 2006 - 47m Putz for 

228,465  Euros  
Many 07-11-2008
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I had to work those days.Were they bought by one buyer or multilple buyers.