Did you know that the global used construction machinery market has been forecast to grow by $27.33 billion during 2022-2027?
If there is excess machinery lying around in your company that is no longer in use, now is the perfect time to sell them. After the Covid-19 pandemic, the purchasing behavior trend has undergone a massive change. As companies are struggling to save capital expenditure in the changing and challenging market conditions, there has been a surge in demand for used machinery. Pre-owned construction equipment is now preferred over new equipment since it is economical and provides the best value for money.
With the used machinery market growing, you can consider selling the surplus assets to recover more value from them. If you are wondering how you can sell machinery that is unwanted, you are on the right page. Before selling used machinery, there is a certain preplanning that needs to be done. Here we have discussed some guidelines that you can follow if you are looking to sell machinery via online platforms.
Clean the used machinery
This is the first step that you should follow if you want to sell your used machinery. No one would be interested to buy a machine that is covered in dust and rust. As machinery is often lubricated, it tends to attract more grease and dust. Take some time to clean the entire machine. Before deep cleaning is performed, ensure that all the waste and residues are removed.
Proper maintenance of used machinery would also increase its shelf life besides keeping it clean and sparkling. So, keep your old machinery in up-to-date condition to attract buyers and get the best price for it.
Inspect and repair
When a machine is not in use for a long time, it might stop functioning or some parts of it might not function properly. Once you have planned to sell a machine that is no longer in use, do examine it before presenting it to potential buyers. Inspection of the used machine would help you understand if the machine is in order.
If you find that the machine needs repair, call in the experts and get the machine ready for sale. Even if the machine cannot be repaired, you can still find people who would be interested to buy it for its scrap metal and other parts.
Take photographs and video it in action
To sell your used machine online, you should be able to convince the prospective buyers that it is in a good condition by presenting quality photographs and videos of it. So, click high-resolution pictures of it from different angles. Make sure there is enough light while clicking the pictures. Select a few good pictures and post them on an online platform to attract buyers.
While photographs can impress prospective buyers with visual details, a video can give a more convincing picture of the used machine. It would be better to video it while it is under power. Post one or two videos of it to get the buyers’ attention.
Keep the documents ready
Provide the relevant documents like the bill, warranty, manual, and service records related to the machinery to prove that you are the owner. When there are proper documents about the machine, prospective buyers would trust the seller more and would be more inclined to buy it.
Host an online auction
Online auctions can help you reach a wider audience. You can turn your used machinery into a sustainable income in no time by hosting an online auction. So, list your used machinery on an online auction site today.
Aucto is the best site to sell machinery to a global base of buyers. From heavy equipment to spare parts of machines, our online tools will help you sell everything at no cost and get you the highest net recovery rate. To contact our seller support team, call 1-844-326-7339 or email at sellers@aucto.com.
