3 Ways To Optimize A Machinery Auction To Maximize Returns

With the rapid growth of the heavy equipment industry, there is an increased demand for new or used equipment. Taking this into consideration, it is prudent to capitalize on the opportunity and maximize monetary returns when selling surplus equipment at a machinery auction.

 

Here are 3 tips to optimize the market value of heavy equipment at machinery auctions

Determine Its Value

First of all, it’s imperative to determine the value of the equipment being sold. This means gathering extensive information on its features, specifications, make, model, number of hours in operation and overall condition. This information will help paint a clear picture regarding the anticipated value of the equipment.

Prepare The Machine

After determining the value, the next step is to clean and perform maintenance on the machinery to make sure it is looking great and in running shape.

Collate Proper Documentation

Another tip when selling surplus machinery is to prepare all available documentation. This may include any operator manuals, warranties, original invoices, maintenance records, etc.

When you choose to work with Infinity Asset Solutions, you are guaranteed optimal results. We use industry-leading bidding platforms to ensure a successful sale. Contact us today to learn more.