DLC Clearlease.com Reports Ritchie Bros. Auctioneers (NYSE and TSX: RBA), conducted a record-breaking US$58 million public auction in Las Vegas.


Vancouver, B.C., Canada March 28, 2011 – Clearlease.com reports Company sets multiple site records at US$58 million two-day unreserved public auction

Ritchie Bros. Auctioneers (NYSE and TSX: RBA), the world’s largest industrial auctioneer, conducted a record-breaking US$58 million two-day unreserved public auction in Las Vegas, NV last week (March 24 – 25, 2011). The auction was the largest the site has ever conducted in terms of gross auction proceeds—the previous record of US$48 million was set in March 2008. The Las Vegas auction also set new site records for number of lots sold (2,500+) and number of online bidders (2,200+).

“This was the most equipment we’ve ever sold in a Las Vegas auction and the large selection generated a lot of attention locally and internationally,” said Jim Rotlisberger, Regional Manager, Ritchie Bros. Auctioneers. “We witnessed active bidding on all equipment types from bidders around the world throughout the auction, which resulted in strong returns for our consignors.”

Close to 5,000 bidders from 50 countries, including all 50 U.S. states and 10 Canadian provinces and two territories, registered to participate in the auction either on-site or online. More than 94 percent, or US$54.9 million, of the equipment was sold to buyers outside the state of Nevada; more than 32 percent, or US$19 million, of the equipment was purchased by out-of-country buyers from as far away as Colombia, Saudi Arabia, Lebanon, Australia and the United Arab Emirates.

The Las Vegas auction featured equipment from 400 consignors, including Wells Cargo, a Las Vegas-based heavy construction and paving contractor, who consigned a 2009 Caterpillar D10T crawler tractor, which sold for US$1.25 million to a buyer from Dubai, UAE.

“We are very pleased with our results from the auction,” says Ronnie Ambriz, Equipment Manager, Wells Cargo. “This is the second time we’ve consigned with Ritchie Bros. and we plan to maintain an ongoing relationship. When we sell with Ritchie Bros. we’re confident we will receive great returns because of the number of on-site and online bidders Ritchie Bros. attracts from around the world and from all industries.”

DLC Clearlease offers leasing which allows you to structure a financing program that addresses your key business issues, including: cash flow, budget, transaction, and cyclical fluctuations. For example, some heavy equipment operators request seasonal leases, which allow them to schedule their payments during their busiest months.

Furthermore, financing your equipment from DLC Clearlease guarantees an affordable plan to suit your business equipment needs with less out-of-pocket expenditures, spreading your payments across a manageable period of time. Reserve your capital for other expenses by leasing your equipment from us and save resources, time, value, and straight capital, too. A lease is not considered a long-term debt or liability, so it does not appear as debt on your financial statement, making you more attractive to traditional lenders when you need them.

DLC Clearlease currently has the following employment opportunities available: http://clearlease.com/Career-Opportunities.html

About DLC Clearlease

Equipment Lease Financing in Vancouver, Surrey, Delta, Richmond, Langley, New Westminster, North Vancouver, West Vancouver, B.C. Also offering Automobile Lease Financing and Mortgage information. Founded by the Pidgeon brothers, DLC Clearlease is a free service that can qualify you for an automobile or equipment lease finance. You save time and effort by giving DLC Clearlease.com your information just once; DLC Clearlease has partnered with over 100 lenders to offer you the best rates and service, comparable to none. We offer a simple application process available at http://clearlease.com/How-to-Apply.html . You may have recently seen a Dominion Lending advertisement on such media outlets as: Global News, CTV News, CBC Television, Rogers Sportsnet or possibly heard the great Don Cherry, a Canadian Sports legend, discuss Dominion Lending Centres.

Contact DLC Clearlease.com:

Dominion Lending Centres Clearlease
HEAD OFFICE, Bentall Two, Suite 900, 555 Burrard Street, Vancouver, BC, V7X 1M8, CANADA.
Mr. Pidgeon, Editor
Tel: (604) 696-1221 ext. 177
eMail: [email protected]
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss

###DLC Clearlease.com Reports Ritchie Bros. Auctioneers (NYSE and TSX: RBA), conducted a record-breaking US$58 million public auction in Las Vegas.

Vancouver, B.C., Canada March 28, 2011 – Clearlease.com reports Company sets multiple site records at US$58 million two-day unreserved public auction

Ritchie Bros. Auctioneers (NYSE and TSX: RBA), the world’s largest industrial auctioneer, conducted a record-breaking US$58 million two-day unreserved public auction in Las Vegas, NV last week (March 24 – 25, 2011). The auction was the largest the site has ever conducted in terms of gross auction proceeds—the previous record of US$48 million was set in March 2008. The Las Vegas auction also set new site records for number of lots sold (2,500+) and number of online bidders (2,200+).

“This was the most equipment we’ve ever sold in a Las Vegas auction and the large selection generated a lot of attention locally and internationally,” said Jim Rotlisberger, Regional Manager, Ritchie Bros. Auctioneers. “We witnessed active bidding on all equipment types from bidders around the world throughout the auction, which resulted in strong returns for our consignors.”

Close to 5,000 bidders from 50 countries, including all 50 U.S. states and 10 Canadian provinces and two territories, registered to participate in the auction either on-site or online. More than 94 percent, or US$54.9 million, of the equipment was sold to buyers outside the state of Nevada; more than 32 percent, or US$19 million, of the equipment was purchased by out-of-country buyers from as far away as Colombia, Saudi Arabia, Lebanon, Australia and the United Arab Emirates.

The Las Vegas auction featured equipment from 400 consignors, including Wells Cargo, a Las Vegas-based heavy construction and paving contractor, who consigned a 2009 Caterpillar D10T crawler tractor, which sold for US$1.25 million to a buyer from Dubai, UAE.

“We are very pleased with our results from the auction,” says Ronnie Ambriz, Equipment Manager, Wells Cargo. “This is the second time we’ve consigned with Ritchie Bros. and we plan to maintain an ongoing relationship. When we sell with Ritchie Bros. we’re confident we will receive great returns because of the number of on-site and online bidders Ritchie Bros. attracts from around the world and from all industries.”

DLC Clearlease offers leasing which allows you to structure a financing program that addresses your key business issues, including: cash flow, budget, transaction, and cyclical fluctuations. For example, some heavy equipment operators request seasonal leases, which allow them to schedule their payments during their busiest months.

Furthermore, financing your equipment from DLC Clearlease guarantees an affordable plan to suit your business equipment needs with less out-of-pocket expenditures, spreading your payments across a manageable period of time. Reserve your capital for other expenses by leasing your equipment from us and save resources, time, value, and straight capital, too. A lease is not considered a long-term debt or liability, so it does not appear as debt on your financial statement, making you more attractive to traditional lenders when you need them.

DLC Clearlease currently has the following employment opportunities available: http://clearlease.com/Career-Opportunities.html

About DLC Clearlease

Equipment Lease Financing in Vancouver, Surrey, Delta, Richmond, Langley, New Westminster, North Vancouver, West Vancouver, B.C. Also offering Automobile Lease Financing and Mortgage information. Founded by the Pidgeon brothers, DLC Clearlease is a free service that can qualify you for an automobile or equipment lease finance. You save time and effort by giving DLC Clearlease.com your information just once; DLC Clearlease has partnered with over 100 lenders to offer you the best rates and service, comparable to none. We offer a simple application process available at http://clearlease.com/How-to-Apply.html . You may have recently seen a Dominion Lending advertisement on such media outlets as: Global News, CTV News, CBC Television, Rogers Sportsnet or possibly heard the great Don Cherry, a Canadian Sports legend, discuss Dominion Lending Centres.

Contact DLC Clearlease.com:

Dominion Lending Centres Clearlease
HEAD OFFICE, Bentall Two, Suite 900, 555 Burrard Street, Vancouver, BC, V7X 1M8, CANADA.
Mr. Pidgeon, Editor
Tel: (604) 696-1221 ext. 177
eMail: [email protected]
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss

###
Vancouver, B.C., Canada March 28, 2011 – Clearlease.com reports Company sets multiple site records at US$58 million two-day unreserved public auction

Ritchie Bros. Auctioneers (NYSE and TSX: RBA), the world’s largest industrial auctioneer, conducted a record-breaking US$58 million two-day unreserved public auction in Las Vegas, NV last week (March 24 – 25, 2011). The auction was the largest the site has ever conducted in terms of gross auction proceeds—the previous record of US$48 million was set in March 2008. The Las Vegas auction also set new site records for number of lots sold (2,500+) and number of online bidders (2,200+).

“This was the most equipment we’ve ever sold in a Las Vegas auction and the large selection generated a lot of attention locally and internationally,” said Jim Rotlisberger, Regional Manager, Ritchie Bros. Auctioneers. “We witnessed active bidding on all equipment types from bidders around the world throughout the auction, which resulted in strong returns for our consignors.”

Close to 5,000 bidders from 50 countries, including all 50 U.S. states and 10 Canadian provinces and two territories, registered to participate in the auction either on-site or online. More than 94 percent, or US$54.9 million, of the equipment was sold to buyers outside the state of Nevada; more than 32 percent, or US$19 million, of the equipment was purchased by out-of-country buyers from as far away as Colombia, Saudi Arabia, Lebanon, Australia and the United Arab Emirates.

The Las Vegas auction featured equipment from 400 consignors, including Wells Cargo, a Las Vegas-based heavy construction and paving contractor, who consigned a 2009 Caterpillar D10T crawler tractor, which sold for US$1.25 million to a buyer from Dubai, UAE.

“We are very pleased with our results from the auction,” says Ronnie Ambriz, Equipment Manager, Wells Cargo. “This is the second time we’ve consigned with Ritchie Bros. and we plan to maintain an ongoing relationship. When we sell with Ritchie Bros. we’re confident we will receive great returns because of the number of on-site and online bidders Ritchie Bros. attracts from around the world and from all industries.”

DLC Clearlease offers leasing which allows you to structure a financing program that addresses your key business issues, including: cash flow, budget, transaction, and cyclical fluctuations. For example, some heavy equipment operators request seasonal leases, which allow them to schedule their payments during their busiest months.

Furthermore, financing your equipment from DLC Clearlease guarantees an affordable plan to suit your business equipment needs with less out-of-pocket expenditures, spreading your payments across a manageable period of time. Reserve your capital for other expenses by leasing your equipment from us and save resources, time, value, and straight capital, too. A lease is not considered a long-term debt or liability, so it does not appear as debt on your financial statement, making you more attractive to traditional lenders when you need them.

DLC Clearlease currently has the following employment opportunities available: http://clearlease.com/Career-Opportunities.html

About DLC Clearlease

Equipment Lease Financing in Vancouver, Surrey, Delta, Richmond, Langley, New Westminster, North Vancouver, West Vancouver, B.C. Also offering Automobile Lease Financing and Mortgage information. Founded by the Pidgeon brothers, DLC Clearlease is a free service that can qualify you for an automobile or equipment lease finance. You save time and effort by giving DLC Clearlease.com your information just once; DLC Clearlease has partnered with over 100 lenders to offer you the best rates and service, comparable to none. We offer a simple application process available at http://clearlease.com/How-to-Apply.html . You may have recently seen a Dominion Lending advertisement on such media outlets as: Global News, CTV News, CBC Television, Rogers Sportsnet or possibly heard the great Don Cherry, a Canadian Sports legend, discuss Dominion Lending Centres.

Contact DLC Clearlease.com:

Dominion Lending Centres Clearlease
HEAD OFFICE, Bentall Two, Suite 900, 555 Burrard Street, Vancouver, BC, V7X 1M8, CANADA.
Mr. Pidgeon, Editor
Tel: (604) 696-1221 ext. 177
eMail: [email protected]
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss

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