Purchasing used machinery is a smart financial decision. You can save a significant amount of money while still getting a quality machine. However, there are a few things you should know before making your purchase.

Founded in 1924, Surplus Record is the leading directory of new and used surplus industrial equipment and machine tools. The directory lists over 95,000 industrial assets including metalworking and fabricating machine tools, chemical processing equipment, cranes, air compressors, pumps motors and circuit breakers.

Surplusrecord

Selling surplus equipment can be a lucrative way to monetize excess inventory. However, a number of factors can influence the value and success of a surplus sale, including market demand, condition of the equipment, and legal requirements. In this blog post, we’ll walk you through three methods of selling used machinery for maximum value:

Advertise Effectively: Promote your surplus equipment listing through online and offline channels. Consider classified websites, social media, industry-specific communities, and local publications to reach a wide audience of potential buyers. Be sure to highlight the value propositions of your equipment, such as advanced features, low hours of usage, and recent maintenance.

Sell to a Reputable Dealer: Look for dealers with a good track record of buying and selling equipment in your industry. Check their reviews, credentials, and reputation to ensure a smooth and fair transaction. Also, be sure to negotiate pricing and terms of payment. Lastly, consider trade-in options when purchasing new equipment. Many dealers offer this service to make it easier for customers to purchase machines they need while minimizing out-of-pocket expenses.

Industrial Machinery

Industrial machinery auctions can be a great way to sell used equipment. The condition of the equipment is a key factor in determining its value, with newer machines tending to attract higher bids. The age of the machine also plays a role, as older and poorly-maintained used machinery for sale may not have the same appeal to potential buyers. In addition to selling equipment, an industrial auctioneer can provide services such as dismantling, transportation and customs procedures.

Traditionally, companies would have to rely on newspaper classified ads or their own networks of end users to sell equipment. This was slow and required a lot of effort. Today, however, there are several online platforms that offer industrial liquidation auctions. While a lot of industrial equipment is outdated or no longer used, it can still have latent value that needs to be recovered. Many manufacturing and fabrication plants have old equipment sitting around taking up space. These machines can be sold to recover the value and reinvest it into more valuable assets. The process of selling machinery through an auction is not always quick or easy, but it can be very profitable. Oftentimes, the equipment is in poor condition and requires extensive cleaning before being re-listed for sale.

Machinery Sales

Machinery sells a wide variety of used equipment from many manufacturers. They can help you find the perfect machine for your business. They also offer a variety of buying options, including direct purchase and consignment. They have a large inventory of machining centers, CNC mills, lathes, grinders, wire EDM machines, and gun-drilling equipment. They can even locate specific parts for your machine, and they can help you install them.

One way to avoid this is to hire a used machinery reseller to handle the process for you. This will save you time and money, and it will also ensure that you’re selling your machinery for the best return on investment possible. A good reseller will have a large network of contacts with different machine shops, fabrication shops, molding shops, and new equipment dealers around the country. They will be able to sell your machine much faster than you would on your own.