AUCTIONS

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 four decades, Taylor & Martin has promoted strong buyer loyalty and participation. Buyers 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 79% end users and 21% dealers; buyers represent an average of thirty states and three foreign countries per auction. 70% of our business is from repeat customers and, in 2008, sales attained 104% of appraised values. These facts are proof of our expertise and professionalism.

Sales Statistics - Taylor & Martin has accumulated impressive statistics over the past 45+ years of service to the transportation industry:

  • Over 239,000 registered bidders across the United States
  • Over 97,000 tractors and 190,000 trailers have been consigned to Taylor & Martin auctions by more than 35,000 consignors
  • Taylor & Martin has conducted more than 1,050 absolute public auctions and, since 1999, averaging 104% 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 1999-2008
  # of units sold Appraised Value Gross Proceeds % of Appraised Value
1999 12,477 $127,371,448 $129,964,535 102%
2000 8,962 $120,508,759 $122,917,915 102%
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%
totals 104,400 $1,293,852,557 $1,353,827,139 104%