Purchasing industrial equipment in a machinery auction can be an excellent way to buy the necessary machinery for your business while also experiencing several other benefits. Here are some of the benefits of buying industrial equipment in a machinery auction:
One of the benefits of buying industrial equipment in a machinery auction is the opportunity to purchase machinery at competitive prices. Often, machinery auctions offer equipment at prices that are significantly lower than the market value, which can save your business a considerable amount of money.
Machinery auctions offer a vast selection of equipment, including new and used machinery, which can be difficult to find in other places. This equipment can range from MRO & spare parts to metalworking machinery and heavy equipment.
Online industrial auctions provide a transparent process of purchasing machinery. You can inspect the machinery before the auction and ask questions from the auctioneer or the seller. The auction process is open to everyone, and the highest bidder gets to purchase the equipment.
Purchasing equipment in a machinery auction can save time compared to other methods, such as purchasing from a dealer. Auctions offer the opportunity to purchase machinery within a short period, and the process is usually completed within a day. The seller is also motivated to get the machinery and equipment out of their facilities since the machinery is often surplus to operations and no longer needed.
Selling industrial equipment in a machinery auction can be an effective way for businesses to dispose of surplus or outdated machinery while maximizing their return on investment and reducing waste. Here are some reasons why a business might choose to sell their industrial equipment in a machinery auction:
Overall, selling industrial equipment in a machinery auction can be a smart business decision for companies looking to dispose of surplus or outdated machinery while maximizing their return on investment. By accessing a larger audience, creating competitive bidding, enjoying a quick turnaround time, getting access to transparent pricing, and helping reduce waste, businesses can achieve their sales objectives in a straightforward and efficient manner.
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.
Aucto Marketplace, a web-based industrial auction platform, 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.
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.
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.