So you need a new piece of equipment for your upcoming job? If you’ve never purchased from an auction before, it’s understandable that you may be hesitant. However, buying heavy machinery from an auction rather than a dealership has its benefits. Once you familiarize yourself with the process and attend your first auction, you’ll feel more confident continuing to acquire equipment this way. Here are some reasons to buy heavy equipment from equipment auctions!
Better prices
Funds need to be allocated to several parts of your business, heavy machinery included. Price is the main concern that people have when it comes to buying equipment. New machines are not cheap, and they do depreciate over time. When you buy new you have to realize the piece will depreciate more when you first use it. Secondhand equipment will not depreciate as quickly as brand-new machinery. Buying used gives you the ability to get quality machinery you need for your jobs, and for better prices.
Expansive selection
You will see more options at equipment auctions than you will at a dealership. Plus, many heavy equipment auction companies have the option to purchase online, opening up an even bigger selection. You will see machinery from both individual sellers and companies who are upgrading their inventory at auctions. Whatever model, type or series you’re looking for, we have auctions all year round that feature different equipment, so you can always find what you need.
Transparency
Most sellers will have documentation of service and maintenance records for their piece of equipment, so you can know it was well taken care of. This can give you insight similar to the information a dealership would give you. Along with that, most auction companies offer protection against fraudulent purchases and defective equipment. Auctions also help you stick to your budget as you can bid the exact price you want to pay.
Buy when needed
Auctions are more convenient than taking a trip to the dealership. Once you purchase a piece of equipment from the auction, you’re able to take it home right away. Sometimes you have to place an order at the dealership, which can mean a long wait for you to get that machinery. If you need a machine and you need it soon, equipment auctions are a great choice! Plus, you can finance equipment at an auction just like you can at the dealership.
Check out Lyon Auction’s selection
No matter what your motive for buying another piece of equipment is, Lyon Auction is happy to help! Take a look at some of our upcoming auctions and see what we have to offer. If you have any questions, feel free to contact us. We care about your needs and want to help you find exactly what you’re looking for!
