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Buying tips for navigating heavy machinery auctions

Buying tips for navigating heavy machinery auctions

In the world of heavy machinery auctions, making informed decisions is crucial. Whether you’re a seasoned buyer or a novice, these buying tips will help you get the most out of your auction experience with Joey Martin Auctioneers!

Do your research

Make sure that you are clear on the location and start time of our upcoming auction. Read the terms ahead of time to fully understand all fees, processes or paperwork that you may need to bring or present at the time of registration. This could include financing, payments accepted, identification required and sales tax exemption requirements in addition to load-out info. This will ensure that your registration goes smoothly and stress-free. Don’t hesitate to ask us for any clarification that you might need.

Connect with other attendees

Arrive early and engage in conversations with fellow attendees. They can provide clarification about the auction dynamics, give info about the reputation of the equipment and even share personal stories with you. Building relationships can be as rewarding as the auction itself.

Thoroughly inspect the equipment

When dealing with heavy machinery, especially pre-used equipment, a thorough inspection is essential. Get up close and personal with the equipment, checking for signs of wear and tear. Remember that most equipment at auctions is sold “as is,” and it is ultimately up to you the buyer to protect yourself with pre-inspection. Many of our auctions have pre-inspection time days or even a week ahead of time, so do your due diligence.There is often a mechanic on staff if you have any specific questions. Just ask!

Embrace the atmosphere

Our auctions have a unique atmosphere, often characterized by friendly competition. Be part of the excitement and don’t hesitate to participate in the bidding process. Being respectful and courteous to fellow bidders enhances the experience.

Seek guidance from the auctioneers or other staff

Remember that there are no wrong questions. If you need guidance or advice, our staff is there to help. Communication and understanding are in everyone’s best interest, whether you are a seller or a buyer.

Consider online auctions

Many auctions offer online bidding options, which can be convenient if you can’t attend in-person. Ensure you understand the online bidding process and any associated fees.

Be prepared for our next heavy machinery auction

By following these tips and making informed decisions, you can make the most of your buying experience with Joey Martin Auctioneers. Contact us today with any questions about our upcoming auctions! We’re your Hometown National Auction Company.