Online equipment auctions are an amazing, fairly new way to find what you need without the hassle of actually having to go to an auction. There are tons of good reasons to buy used equipment at an online auction including no traveling costs and being able to be in the comfort of your own home during the auction. Some other advantages of online equipment auctions include convenience and a larger selection.
Buying used equipment is often just as good as buying new, and you get it for a better price. Technology has made it so much easier for you to find the equipment you need. You’ll want to ensure the equipment you’re investing in is worth it. Asking these questions at an online auction will help you know you’re getting the right equipment in great shape.
Are the service records available?
You’ll want to make sure the machine was serviced correctly when it needed to be. These records will help you make an informed decision on whether or not the equipment has been maintained well. Make sure there aren’t any gaps, and that the machine doesn’t have anything wrong with it that will cause you more work in the future.
Was there a refurbishment process?
Sometimes a seller will improve the condition of their heavy equipment before they auction them off. This can include anything from paint touch ups, or new gears, buttons, or tires. The price of the equipment should reflect any, if at all, refurbishments.
Are there any additional fees?
You want to keep an eye out for any additional fees. If the machine is going to be shipped to you, there is probably a shipping fee. You can ask the seller if there are any additional fees, and if so, what they are.
Is there a warranty?
It’s important that you read the online listing in its entirety. You’ll also want to take a look at the terms and conditions of the auction company. Oftentimes a seller will have some sort of guarantee just in case something goes wrong while it’s being shipped. It’s unlikely that something will go wrong, but it’s good to be prepared.
How many operating hours does this machine have?
Knowing the amount of working hours will ensure you know the machine has not been overworked. You may even find that the machine has low hours and that the seller is just liquidating their assets. You want to ensure the machine will work how you need it to, and knowing the time it has been in use is a must.
You’re now ready for online equipment auctions
Lyon Auction is your go to for second hand heavy equipment. If you’ve been looking for used equipment for your next project, online auctions are a great place to continue your search. Feel free to contact us with any questions you may have. We’re more than happy to assist you in your search!
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