The second quarter for 2018 continued the positive momentum of the first quarter with solid results across road transport, mining equipment and commercial motor vehicles.
Planning is well underway for our upcoming Valuations conference to be held in the Hunter Valley on the 18th and 19th of October. Tickets can be pre-purchased now via the register of interest page. A highlight from the second quarter was the very successful onsite auction of a large construction company in the Hunter Valley, where a large quantity of Hilux’s and Isuzu tippers were sold.
The quarter in short:
The first quarter of 2018 maintained the positive momentum of previous quarters with solid results across all asset classes. We also saw renewed interest in asset categories where assets were previously in oversupply, perhaps indicating shoots of recovery are becoming evident for those sectors.
As always we have included some key trends in the report to give our valued clients a good idea of how we are tracking against the market.