Golden oldies: Why 2007-built excavators are selling in the UK for record sums

Neil Gerrard Senior Editor, Construction Briefing

31 March 2025

Rental firms, worried about low levels of activity in the European construction markets, coupled with higher interest rates, are opting to hold on to their fleets for longer, pushing up some prices in the second hand market. Neil Gerrard reports on some interesting data from Ritchie Bros.

Rupert Craven, UK and Ireland sales director at construction machinery auctions specialist Ritchie Bros scrolls through the results of the company’s February auction in Maltby, South Yorkshire.

Completed sales included a 13t 2007 Volvo EC135BLC tracked excavator with 9,104 hours on the clock which sold for £9,750; a 2006…

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