Britannia AuctionsHow do I know whether something is worth selling?
Send us a list with makes, models, ages and a photograph of each main item. We will tell you what we think each is likely to make and whether it is worth the effort. What an item makes depends on its condition, specification, whether the type is still in use and the cost of removing it. Single purpose equipment, old IT and anything built for one product line tends to be worth far less than its book value.
This question comes up in
Selling the machines, tools and kit a working business no longer uses, without disrupting what it still does.
Related questions
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- Preparing machinery and equipment for sale
What to do before viewing day. Keep the machines that can be run safely available to demonstrate, isolate the rest, clean but do not repaint, find the tooling and manuals, and sort out access for removal.
- How used machinery is valued
Buyers pay for what a machine will do for them, less what it costs to get it out and running. This guide explains how make, hours, tooling, demand and removal cost feed a guide price, and why that price is not book value.
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