GraysOnline’s forklift liquidation auction today!

Over 70 new and used forklifts valued at over $1.5 million are up for auction today at GraysOnline after Forklift Australia Pty Ltd went into liquidation in early April.

Under instructions from Meertens Chartered Accountants, GraysOnline is selling over 20 new Feeler forklifts, a variety of older forklifts (including some with over 7 Tonnes capacity), walkie stacker and reach trucks, and sweepers and scrubbers.

“Forklifts Australia Pty Ltd suffered a 74% decline in its turnover as a direct result of the global financial crisis,” Austin Taylor, Meertens Chartered Accountants partner says.

“Being a service supplier, it was quickly affected by the sharp slowdown in demand.

” Forklift Australia Pty Ltd had three main divisions while in operation: new imported Feeler forklifts from China offered for sale; forklift rentals; and repairs.

“As such, a large variety of forklifts are included in this online auction which started on 28 May at noon and will close at 3pm on 3 June 2009 (today).

“With the Governments recently released Investment Incentives such as a tax depreciation allowance before 30 June 2009, this is the perfect time to buy well priced, excellent quality forklifts,” Taylor says.

GraysOnline’s General Manager for South Australia, Ben Roden, expects that there will be considerable interest in the auction.

“Being an unreserved auction with bids starting at just $9, we anticipate there to be Australia-wide participation — from small businesses to larger companies alike.”

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