Mr Machinery claims that demand for high-quality used plant, vehicles and equipment has never been greater.

The firm’s fortnightly auctions continue to result in higher than anticipated final sales prices for a wide range of items including trucks, trailers, diggers and excavators.

Mark Bacon, Managing Director of Mr Machinery, said: “Construction companies in particular have struggled to source brand new plant and equipment, due to a slowdown in manufacturing that can often lead to a 6-12 month waiting list for new machinery.

“This shortage in supply has also resulted in hugely inflated prices for new equipment too, which is why more and more firms in need of plant and machinery are exploring the used equipment alternative.

“At one of our most recent auctions, a digger with an estimated value of £30,000 was eventually sold to a bidder in Nigeria for £42,000 plus shipping – there’s a real opportunity for firms to obtain excellent value for their surplus used plant and heavy machinery.

“I’d urge any business with unwanted diggers, tractors, trucks, trailers or any other used equipment and vehicles to take advantage of our free valuation service on www.mrmachinery.com, where by simply uploading an image of their machine and entering some basic details – such as the year it was manufactured and the serial number – our experts will be able to give an assessment of the item’s potential value at auction.”