Auction site IronPlanet sold two 2000 Caterpillar 771D off-highway quarry trucks to two different buyers, the first for $267,000 and the second for $264,000. These prices broke all records for the highest price paid for used heavy equipment in an online auction. Both pieces were sold on the basis of an independent, insured inspection report from
DynCorp Services posted on IronPlanet's Web site. Neither buyer physically inspected the trucks before bidding and buying. IronPlanet will hold the largest auction in the company's history on Thursday, July 26 with over 40 pieces of used heavy equipment scheduled to be auctioned. http://www.ironplanet.com