Machinery auctions offer many benefits to businesses that are looking to replace broken or worn out equipment, and for others who do not want to lease or refinance.
Heavy equipment and machinery is an essential and valuable asset for construction businesses, farming, industrial and so many other industries out there, but it is an expensive investment.
Buying from an auction allows for contractors to stretch equipment budgets, gives buyers a chance to get a quality machine at a great price and often businesses can land a discount on the equipment they need.
These are three reasons why you should stop buying new equipment and purchase from a reputable auction company like Lyon Auction.
Deal with the professionals
Dealing with the professionals at Lyon Auction can make the entire buying and selling processes at one of our machinery auctions more pleasant and predictable. There is no need to deal with unknown sellers, risk potential fraud, fraudulent transactions or deal with sellers who do not understand the needs of buyers.
Trust the experts the first time around and know that the equipment you are purchasing at an auction is up to par.
What you see is what you get
Plus, at our auctions, there is no haggling and no hard sales push. You will only have to bid on the items that you and your business needs. Buying at machinery auctions lowers the purchase price and limits depreciation.
The same notion that happens when you “drive the brand new car off the lot” is the same with heavy machinery. Once the equipment is sold and is being transported to your business, the new equipment just went down in worth.
However, used equipment holds its value for longer and its price tag is a bit cheaper!
Machinery auctions provide an opportunity for buyers to see a wide variety of equipment that may not be available at local equipment dealers, including older models that are known for their reliability or multiple types of machinery that is capable of performing similar tasks.
Buying used tractors, excavators or other machines at an auction allows buyers to take advantage of more choices.
Quality machinery means quality machinery auctions
Finally, there is less buyer's remorse when buying quality, used machines at auctions versus buying brand new machines. Many times contracted jobs will require specific equipment that many businesses might not need on a regular basis.
By purchasing used equipment for these specific jobs, you’ll avoid the cost of leased machinery and still maintain the ability to resell.
Learn more about us!
What makes a Lyon Auction unique is that all of the equipment is in the same location. Companies are able to liquidate a large fleet of vehicles in a single auction and we offer this experience online due to COVID-19.
Our company provides a headache-free and enjoyable process for both the seller and buyer. If you have any questions, feel free to contact us, we’re listening!