Ritchie Bros. is very strict with their policies. If you are selling several major items(I think 5 or more)they can offer you a guaranteed minimum. Other than that they let the buyers decide the price and DON'T let buyers bid or buy back their equipment. Yes, a lot of times sellers were expecting to get a lot more but when you need to liquidate in a hurry, an auction is often the only option. Nobody advertises more than Ritchie Bros. and being the largest industrial auctioneers in the world, they work very hard to keep their reputation.
Dave Ritchie is mega rich. He purchased a huge yacht for around 100 million to go on a world cruise. He liked it so much he kept it a couple more years. Last year he sold it at an unreserved auction and it wasn't even close to what they thought it would bring. His cruise ended up costing him about $40,000,000! Despite the fact he could have sold it privately, he is a firm believer in letting the buyers decide what they want to pay. He'd be a bigot if he didn't believe in his own policies.
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Today's Featured Article - 12-Volt Conversions for 4-Cylinder Ford 2000 & 4000 Tractors - by Tommy Duvall. After two summers of having to park my old 1964 model 4000 gas 4 cyl. on a hill just in case the 6 volt system, for whatever reason, would not crank her, I decided to try the 12 volt conversion. After some research of convert or not, I decided to go ahead, the main reason being that this tractor was a working tractor, not a show tractor (yet). I did keep everything I replaced for the day I do want to restore her to showroom condition.
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1964 I-H 140 tractor with cultivators and sidedresser. Starts and runs good. Asking 2650. CALL RON AT 502-319-1952
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