Heavy Equipment Auctions - Are They the Way to Buy Used Equipment?

Lets assume that you need to buy construction equipment and you have heard that heavy equipment auctions are a good way to buy a backhoe or excavator. There are some things you need to know before you bid on that backhoe at a heavy equipment auction.

Can you trust the company that has the backhoe up for auction, is a good place to start. Even if you feel the auction company can be trusted, you still need to consider the quality of the equipment. How do you know the backhoe is in good running condition?

If the backhoe does not have any information other than the year, make, and model, you are still bidding on a backhoe you do not know enough about to make a wise choice. It is always a good idea to know the mechanical condition of a piece of construction equipment before you bid.

There are several ways to bid in a safer manner. Some heavy equipment auctions have a guarantee that the equipment up for auction will be as described, others do not. Most auctions are AS/IS where is auctions, this means it is up to you the bidder to validate all the information about that backhoe your thinking about bidding on.

You could go to where the equipment is located and test that backhoe or skid steer loader before you bid, that is a excellent idea. Another way is to contact a mechanic in the area where the equipment is located and pay the mechanic a fee for inspecting the equipment before you bid, this is the best way.

You can get some great deals on used heavy equipment at auctions, but you need to take the proper steps to ensure you are getting what you believe your getting before raising your hand or pushing that bid button. Heavy equipment auctions are a great way to buy a excavator, or backhoe, but learn all you can about the quality of the equipment and the value of the equipment before you bid.

By Bobby Miles