With the cost of new machinery soaring, buyers are taking a serious look at quality used construction equipment, earthmoving and mining machinery. Which means that redundant stock can be put to good use – owners need to clear stock holdings, manufacturers need to make way for new ranges and the rental market needs to refresh their fleet regularly – and auctions are a great way to do it.
Have you seen something you like on auction but the idea of bidding on auction doesn’t appeal to you, you’d like to avoid the stress of an auction or maybe you don’t to lose it to another bidder?
Auctions are exciting and fast paced and their rules are a little different to an ordinary purchase. So it’s important to make sure you understand the basics before you try bidding for the first time. These 8 tips will get you on your way.
Buying property at 20-50% lower than market value can be an attractive investment opportunity, but buying at Sheriff auction comes with many unknowns. If you’re considering buying on Sheriff Auction, it’s worth keeping these 3 simple points in mind..
In South Africa, there has been a general misconception about auctions, that they are only for forced property sales and dodgy car dealers. Auctions really are so much more than that. Reputable auctioneers offer a route to market that is efficient, transparent and fast. And they’re worth a try if you keep your head about you.