Green Operations

Denver Fleet Surplus Auction Raises $1.2 Million

September 03, 2009

DENVER - Denver Public Works Fleet Maintenance Division's recent surplus auction raised $1,257,000, according to Denver Fleet Administrator Nancy Kuhn.

The highest bid was $64,000 for a 1988 Caterpillar 966E front loader with a 5-yard bucket that had logged 18,323 hours of service.   

Kuhn said bids on some equipment were higher this year than in previous sales — probably due to the bad economy, which may be prompting consumers to take a second look at public auctions.

"It's possible people can't afford to buy new equipment, so they're looking at buying used," she said.

Most of the money raised in the Aug. 30 auction will go back to the city's general fund. Past auction proceeds typically ranged from $750,000 to $1.3 million, depending on the number of units and type of units being surplused, said Kuhn.



Comment On This Story

Comment: (Maximum 10000 characters)  
Leave this field empty:
* Please note that every comment is moderated.



Fleet Management And Leasing

Jack Firriolo from Merchants will answer your questions and challenges

View All

Grants & Subsidies

Alternative Fueling Station Locator

Alternative Fueling Station Locator

Find your closest station or plan a route. Locate biodiesel, electric, ethanol, hydrogen, compressed natural gas (CNG), liquified natural gas (LNG), and propane across America.

Start Your Search