Britannia AuctionsHow much is a used machine worth?
Less than it cost, and the gap depends on age, condition, control system and demand. A late model machine from a maker with strong dealer support can hold a good proportion of its value. An older machine with a rare control may be worth little more than its weight. We give you an estimate for each machine before the sale, based on its condition, specification and current demand, so you can decide with real numbers.
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Machinery and engineering auctions
CNC machines, lathes, mills, presses and workshop equipment catalogued with the detail the engineering trade asks for.
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A stage by stage account of an online timed auction for business assets. It covers the asset schedule, cataloguing, viewing days, how bidding closes, buyer's premium and VAT, collection and how you get paid.
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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.
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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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