A few things you should look out for at heavy equipment auctions.
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There are several tips you can master in order to give yourself the confidence to bid correctly, and hopefully drive away with the heavy equipment you were eyeing.
Inspecting a piece of heavy equipment is similar to inspecting a car or truck. Except it may take you many hours, if not a whole day to complete a full inspection.
Selling your property can be a long and time-consuming process, if you choose to go the traditional route. You have a long negotiation process and worries if your home is getting sold at market value. Instead of worrying, why not try a real estate auction.
Whether you’re starting to build your construction dream team or looking to expand, these are the pieces of large construction equipment you should be investing in.
Buying from a used equipment auction may be something to check out. If you choose this route, you can participate in-person or online on our website! Lyon Auction makes it convenient for everyone to participate in our heavy equipment auctions!
Obtaining financing for large equipment can be easy if you have perfect credit. But it can be more difficult when you’re just starting out, or have bad credit. The U.S. Small Business Administration reports that 27% of businesses don’t grow due to a lack of credit.
No one takes a light approach to buying a piece of large equipment, nor should they. The right piece of equipment for any construction business requires a significant amount of due diligence before putting out thousands, sometimes even hundreds of thousands of dollars, to acquire the best machine for the job.
It's critical to follow these three inspection tips before purchasing any type of heavy machinery equipment.