Cheffins sold £62 million-worth of used tractors and machinery in its last financial year (June 2022 to June 2023); an increase of £10 million on the previous 12 months.
Some £34m of the total was conducted through the Cambridge machinery sales at Sutton, near Ely, and the 32 on-site sales organised throughout the UK grossed over £23m. Another £5.5m was generated from the sale of vintage and classic tractors.
All told, more than 3,500+ tractors and 49,000 lots of machinery and associated items went under the hammer. Sales were conducted to over 35 countries worldwide with regular exports throughout the EU, the USA, Australia and north Africa.
“These figures go to show the insatiable demand for good quality second-hand machinery, as farmers, landowners and the trade continue to be affected by inflation and the rising costs and delayed delivery times for new machinery,” comments Oliver Godfrey, head of the machinery division at Cheffins.
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