Everything You Need to Know About Heavy Equipment

According to a report by Grand View Research, the global heavy equipment market size was valued at USD 180.66 billion in 2020 and is expected to grow at a compound annual growth rate (CAGR) of 5.4% from 2021 to 2028. The report notes that increasing construction and infrastructure development activities across the globe, especially in emerging economies, are driving the growth of the heavy equipment market.

The importance of buying and selling heavy equipment cannot be overstated. For businesses that rely on heavy equipment to carry out their operations, it is essential to have the right equipment available at all times. This means purchasing machinery as needed, as well as selling or trading in older equipment that may no longer be as efficient or effective.

The used equipment market is also a significant aspect of the heavy equipment industry. Used equipment can often be a cost-effective solution for businesses that need to replace equipment but may not have the budget to purchase new machinery. Many equipment dealers offer used equipment that has been refurbished and is in good working condition, making it a reliable option for businesses.

If you’re ready to buy or sell used heavy equipment, click on the buttons below to get started.

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Buying Heavy Equipment​

Buying heavy equipment is a significant investment for any business, and it is essential to conduct thorough research before making a purchase. Researching equipment models, and manufacturers can help you make an informed decision and ensure that you are purchasing equipment that will meet your specific needs.

When considering buying heavy equipment, several factors should be taken into account. As mentioned before, up front research and due diligence is crucial before making a purchase.

Firstly, you must consider the actual cost of the equipment, as well as the long-term cost of maintenance, repairs, and operating expenses.

Another important factor is the condition of the equipment. You should inspect the equipment thoroughly to ensure that it is in good working order and does not have any significant defects or issues. The equipment’s usage history is also important, as it can give you an indication of how well the equipment has been maintained and how much wear and tear it has experienced. These reports can usually be obtained from the equipment owner.

When negotiating for the best price, it is essential to be prepared and knowledgeable about the equipment you are purchasing. You should research the fair market value of the equipment and be willing to walk away if you are not able to reach a fair price.

Where to Buy Heavy Equipment?

There are several options for buying used heavy equipment, including equipment dealers, private sellers, and online auctions.

Heavy Equipment Dealers

Equipment dealers are a popular option for buying used heavy equipment, as they typically offer a wide selection of equipment and can provide after-sales support and maintenance services. Some examples of equipment dealers include Caterpillar, Komatsu, and John Deere. These dealers typically offer certified used equipment that has been inspected and refurbished to ensure that it is in good working condition.

Private Sellers

Private sellers are another option for buying used heavy equipment. Websites such as Craigslist and eBay often have listings for used equipment that is being sold by private individuals. However, it is essential to exercise caution when purchasing from private sellers, as the equipment may not have been inspected or refurbished.

Heavy Equipment Auctions

Online auctions are becoming the best way to buy heavy equipment. Online industrial marketplaces such as the Aucto Marketplace offer a wide selection of used equipment from reputable sellers around the world. These auctions allow buyers to bid on equipment and purchase it at a price that is often below market value, all at the comfort of their own home or office.

Why Buy Heavy Equipment on the Aucto Marketplace?

The Aucto Marketplace is a popular online platform for buying and selling heavy equipment, machinery, and industrial assets. There are several reasons why buying heavy equipment on the Aucto Marketplace can be advantageous.

Wide Selection of Equipment

The Aucto Marketplace offers a range of equipment from reputable sellers around the world. Buyers can browse through thousands of listings and find the equipment that best meets their needs. This large selection also increases the likelihood of finding equipment at a competitive price.

Transparent and Secure Sales Process

You can access detailed equipment descriptions and photos, as well as inspection reports and equipment history, directly within each listing. This transparency allows buyers to make informed decisions and reduces the risks associated with purchasing equipment.

When purchasing on the Aucto marketplace, you know you are getting a great deal on heavy equipment. You are able to set the amount you wish to bid and pay exactly what you want for the heavy machinery you need. Our sellers are motivated and looking for buyers to quickly come and purchase their used heavy equipment. This enables our buyers to find great deals that are usually not available on any other marketplace.

What is an Example of Heavy Equipment I Can Buy on
the Aucto Marketplace?

The Aucto Marketplace is home to over 10,000  product categories. Some of the most popular Heavy Equipment products available on the marketplace include:

How do I Start Buying Heavy Equipment on the Aucto Marketplace?

Provide your account details

Enter a few details such as your email, name, company, and password.

Verify your account

Add your payment information (don’t worry, you won’t be charged anything until you have won a bid).

Start bidding

Find and bid on industrial equipment and machinery listed on the Aucto Marketplace.

How do I Start Buying in a Heavy Equipment on the Aucto Marketplace?

Provide your account details

Enter a few details such as your email, name, company, and password

Verify your account

Add in your payment information (don’t worry, you won’t be charged anything until you have won a bid)

Start bidding

Find and bid on industrial equipment & machinery listed on the Aucto Marketplace.

Selling Heavy Equipment

The demand for used heavy equipment and construction machinery is at an all-time high. Many factors, including the global supply chain challenges, increased demand for quality used equipment in international markets. Now is the best time to sell your heavy equipment on an online marketplace.

How to Get Started Selling Heavy Equipment

When it comes to selling heavy equipment, proper preparation can make all the difference in attracting potential buyers and getting the best possible price. Preparing heavy equipment for sale involves several important steps, including assessing its condition, age, usage history, and other relevant details.


Equipment Condition

The first factor to consider is the condition of the equipment. Potential buyers will want to know if the equipment is in good working order or if it requires repairs or maintenance. Before putting the equipment up for sale, it is important to thoroughly inspect and repair any damage or issues, such as worn parts, leaks, or rust. Additionally, a fresh coat of paint can give the equipment a more attractive appearance, which can make it more appealing to potential buyers.

Equipment Age

The age of the equipment is also an important factor to consider. Older equipment may have more wear and tear, making it less desirable to buyers. However, if the equipment has been well-maintained and is still in good working condition, its age may be less of a concern. Providing detailed information on the age of the equipment, as well as any maintenance or repairs that have been done, can help potential buyers make informed decisions.
Gather Equipment Details
Heavy Equipment Usage

Equipment Usage

Usage history is another important factor to consider when preparing heavy equipment for sale. Buyers will want to know how the equipment was used, how often it was used, and whether it was used for heavy or light-duty work. This information can help buyers determine the remaining lifespan of the equipment and make informed decisions about its value.

Where Can I Sell Heavy Equipment?

When it comes to selling used heavy equipment and machinery, there are several avenues available to sellers. The following are some of the most popular options:

Private Treaty Sale

A private treaty sale is one of the simplest ways to sell heavy equipment, however it does come with many challenges. This selling method requires the seller to do the majority of the heavy lifting from preparing the heavy machinery to going out and soliciting buyers and advertising the equipment. Once a potential buyer is found, the seller must negotiate with the buyer and handle all the invoicing, and logistical aspects after the sale. Although this method allows for the most control for the seller, it requires the most effort and time.

Heavy Equipment Dealers

Machinery dealers will often look to either purchase your old heavy equipment or broker a deal between you and a buyer. By adding a new middleman into the sales process, this often drives down the potential recovery value from your assets, since machinery dealers will charge a few for the transaction. While the effort is considerably lower than a private treaty sale, the recovery rate may not be as high depending on the equipment and the commission fees charged by the machinery dealer.

Online Industrial Marketplaces

Online marketplaces such as the Aucto Marketplace have been very popular in the last few years, as it allows organizations to sell these assets in the comfort of their own office, or site and have complete control over the sale. These options are also typically more cost-effective than traditional auctioneers or equipment dealers, meaning a higher net return for the seller. This option allows for buyers to compete with each other driving up your possible return, without the seller having to put additional time and effort into the sale.

Why Sell Heavy Equipment on the Aucto Marketplace?

Aucto has an industry-standard, established process for machinery auctions. All you need to do is share the equipment list with our team  and let Aucto steer the process from there. You can choose to be as involved as you want or leave it up to us to help you oversee the entire process. It’s that simple.

Full Control Over
the Process

The Aucto Marketplace makes it extremely easy for you to be in control of all your assets. You get access to real-time reporting, which details the progress of your auction, and visibility into the bids coming in. You can steer the auction according to your own terms based on the information and insights available to you through the platform.

Highest Net Recovery Rate

Aucto facilitates efficient equipment auctions for the benefit of the sellers – our Asset Recovery team works tirelessly to get you the asking price or a recovery as close to it as possible. You get to sell used equipment and retain 100% of the price of the asset sold. There are no fees or commissions to sell on the Aucto Marketplace.. Aucto also has an average of 94% sell-through rate for added assurance.

Centralized Marketplace

Unlike other equipment auction platforms, the Aucto Marketplace is your one-stop shop for all your industrial equipment and machinery. The Aucto Marketplace has over 10,000 unique product categories, allowing you to sell everything from a few spare parts left in your storage facilities to heavy equipment and installed equipment from the world’s largest plants.

What Heavy Equipment Can I Sell on the Aucto Marketplace?

How do I Sell Heavy Equipment on the Aucto Marketplace?

The process begins with a quick chat with one of our Asset Recovery Experts to understand your needs. Then they can start setting up your online auction to sell heavy equipment.

Ready to host your own heavy equipment auction? Click the button below to speak with one of our asset recovery experts.