{"id":25456,"date":"2019-03-22T16:58:26","date_gmt":"2019-03-22T06:58:26","guid":{"rendered":"https:\/\/www.machines4u.com.au\/mag\/?p=25456"},"modified":"2019-03-22T16:58:26","modified_gmt":"2019-03-22T06:58:26","slug":"10-tips-buying-farm-machinery-auction","status":"publish","type":"post","link":"https:\/\/www.machines4u.com.au\/mag\/10-tips-buying-farm-machinery-auction\/","title":{"rendered":"10 Things To Know Before Buying At A Farm Machinery Auction"},"content":{"rendered":"

Buying at a farm machinery auction is very different to buying through dealerships and private sellers. It can be daunting, especially for first-timers.<\/span><\/p>\n

While new is preferable for many, there is plenty of used equipment going for a fraction of the cost\u2014especially if you know what to look for. Before we delve in, let\u2019s go through the auction process.<\/span><\/p>\n

So, how does the auction actually work? You\u2019ll find it goes something like this:<\/span><\/p>\n

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  1. Search\u2014find the item you\u2019re looking for<\/span><\/li>\n
  2. Inspect\u2014 remember, everything sells \u201cas is\u201d<\/span><\/li>\n
  3. Register\u2014online or at the live auction<\/span><\/li>\n
  4. Bid\u2014raise your hand (or paddle) to place a bid. Sitting toward the front will ensure your bid isn\u2019t missed by auctioneers <\/span><\/li>\n
  5. Purchase\u2014if you were the highest bidder, a staff member will approach you to go through payment information<\/span><\/li>\n
  6. Pick-up\u2014bring the invoice and identification to pick up your item. Information on pick-up times and dates will be available on the day.<\/span><\/li>\n<\/ol>\n

    Now you know how the process works, here are 10 things to know for buying at a farm machinery auction:<\/span><\/p>\n

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    1. Consider different farm machinery auction types<\/span><\/li>\n
    2. Understand market trends<\/span><\/li>\n
    3. Buy the right age & brand machinery<\/span><\/li>\n
    4. Consider diesel powered <\/span><\/li>\n
    5. Have clear intentions<\/span><\/li>\n
    6. View machinery before auction day<\/span><\/li>\n
    7. Check warranty & service history<\/span><\/li>\n
    8. Try before you bid<\/span><\/li>\n
    9. Know your deal breakers<\/span><\/li>\n
    10. Maintain your farm machinery<\/span><\/li>\n<\/ol>\n
      \n

      Check out farm machinery for auction<\/span><\/a><\/p>\n

      \n
      \"Farm
      Pictured: 2018 New Holland TD75 4WD Tractor for Auction. Source: Machines4U<\/span><\/figcaption><\/figure>\n

      1. Consider Different Farm Machinery Auction Types<\/span><\/h2>\n

      There’s no ‘one size fits all’ farm machinery auction, so it’s likely (to get what you want) you may have to attend several different types of auctions. These auction types include:<\/span><\/p>\n