Britannia AuctionsIs there a market for old or high hour machines?
Yes. Older machines and those with high hours are catalogued in the same way as anything else, and what they make depends on condition, specification and the cost of moving them. Where a machine is only worth its scrap value, we say so before it is catalogued.
This question comes up in
Plant and construction equipment auctions
Excavators, dumpers, generators, compressors and site equipment sold with the checks plant buyers expect.
Related questions
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- 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.
- Selling a commercial vehicle fleet
Fleet sales turn on paperwork as much as on price. This guide covers the V5C, MOT and plating documents, clearing finance before listing, keys and livery, recording mileage and tachograph data, and how to defleet in batches while still trading.
Other questions
- Do I need to be there during the auction? General
- Who disconnects the machines? Surplus equipment
- What reporting does the office holder receive? Insolvency asset sales
- What happens to equipment that does not sell? Warehouse equipment