There are two main questions people ask themselves when selling their heavy equipment:
How can I get the most money for my machine?
How quickly can I sell my machine?
Listed are the three most frequently used options for selling used heavy equipment:
Individually- You may find it challenging and time consuming to sell a machine on your own.
Control who purchases your equipment
Small pool of potential buyers
Control the price
Scheduling visitation times to view machine
Dealing with unqualified buyers
To a Dealership- If you decide to sell your machine to a dealership you must consider a few things.
Quick selling process
Can’t offer as much as an end-buyer
Through an Auction Site- You also have the option to sell your equipment through an auction site. Many people favor this option because it is a quick and easy process.
Global audience viewing your machine
Possible transportation costs
No negotiating prices
All of these options have advantages and disadvantages. Make sure to gather all the information you can when selling your equipment to a dealership or through an auction site. If you’re selling individually, make sure you’re dealing with a qualified buyer.