SIGNIFICANT SUM ACHIEVED FROM RVT AUCTION

Auctioneers BPI have announced that they have successfully completed a series of agricultural machinery auctions following the closure of Rea Valley Tractors, the long-established Midlands-based dealership with multiple depots across Shropshire, the Midlands, the North West and Wales.

Delivered on behalf of a finance company, the first phase of sales achieved more than £2 million from the disposal of assets previously operated by the dealer. Rea Valley Tractors represented manufacturers including John Deere, New Holland and JCB, with the initial auctions featuring a range of tractors, telehandlers, combines, attachments and support equipment.

All assets were relocated to BPI’s operating centre in York. Each item was valeted, inspected, appraised, catalogued, videoed, marketed and sold before being delivered to buyers across the UK and beyond. 

BPI said in a statement, "Competition across the auctions was exceptional, with sustained bidding on key lots from both UK-based and international buyers."

 Notable highlights included:

• 2022 John Deere 8RX 410 Four Tracked Tractor – sold for £155,000
• 2023 New Holland T7.270 4WD Tractor – sold for £111,000
• 2024 JCB 542-70 Telehandler – sold for £85,000
• 2023 Kuhn Espro 4000R Trailed Pneumatic Seed Drill – sold for £53,000

Nathan Burnham, Associate Director at BPI, commented, “The scale of this project reflects both the importance and the resilience of the agricultural industry. Despite challenging trading conditions, there remains huge demand for quality machinery - and sales of this size offer buyers rare access to premium equipment at realistic prices. It’s been a significant undertaking for our team, but one that has demonstrated the strength of our process and our buyer network.”

With further agricultural machinery auctions featuring assets from Rea Valley Tractors scheduled to follow, BPI say the next phase will include a wide range of ex-hire, recently registered telehandlers, alongside Isuzu D-Max vehicles and Kuhn tedders.