Why Auction?
Used equipment auctions provide the fastest, most effective method of selling equipment
and Absolute Public Auctions work most efficiently for both buyers and sellers.
A Taylor & Martin auction is an Absolute Public Auction - NO BUY-BACKS, NO
BID-INS, NO MINIMUMS, NO RESERVES. By adhering to this philosophy for over five
decades, Taylor & Martin has promoted strong buyer loyalty and participation.
Buyers of used semi trucks and trailers, as well as agricultural equipment, know everything will be sold at fair market value. Sellers know they
won’t have to deal with unsold equipment - every piece goes to a new home the
day of the auction. Attendance at Taylor & Martin auctions averages 83% end
users and 17% dealers; buyers represent an average of 35 states and
three foreign countries per auction. Seventy percent of our business is from
repeat customers and, in 2011, sales attained 112% of appraised values. These
facts are proof of our expertise and professionalism. Rest assured that when attending one of Taylor and Martin's used equipment
auctions, you will be working with the best in the business. With each and every bid you
place - whether it be used semi trucks and trailers or agricultural equipment
- you are being represented by professionals.
Sales Statistics -
Taylor & Martin has accumulated impressive statistics over the past 45+ years of
service to the transportation industry:
- Over 300,000 registered bidders across the United States
- Over 115,000 tractors and 200,000 trailers have been consigned to Taylor &
Martin auctions by more than 40,000 consignors
- Taylor & Martin has conducted more than 1,200 absolute public auctions and,
since 2001, averaging 106% of appraised values
Taylor & Martin is the industry leader in truck auctions and trailer auctions
Taylor & Martin, Inc. Annual Report
Appraised Value vs. Gross Proceeds From the Sale of
Appraised Equipment 2001-2011
| Year |
Number of Units Sold |
Appraised Value |
Gross Proceeds |
Percent of Appraised Value |
| |
|
|
|
|
| 2001 |
12,232 |
$139,218,000 |
$145,682,766 |
105% |
| 2002 |
8,577 |
$103,702,200 |
$112,630,433 |
108% |
| 2003 |
11,586 |
$132,836,000 |
$140,503,351 |
109% |
| 2004 |
10,077 |
$110,580,000 |
$119,426,186 |
108% |
| 2005 |
10,684 |
$141,155,900 |
$150,433,508 |
106% |
| 2006 |
9,442 |
$135,849,300 |
$143,298,430 |
105% |
| 2007 |
8,620 |
$132,965,950 |
$133,819,965 |
101% |
| 2008 |
11,743 |
$149,665,000 |
$155,150,050 |
104% |
| 2009 |
11,885 |
$130,994,960 |
$133,575,611 |
102% |
| 2010 |
9,629 |
$130,136,600 |
$147,871,120 |
114% |
| 2011 |
9,368 |
$139,427,900 |
$155,959,623 |
112% |
| Totals: |
113,843 |
$1,446,531,810 |
$1,538,351,043 |
106% |