Skip to content
Britannia Auctions Discuss your sale

What if a machine is still on finance?

Tell us before it is listed. The machine belongs to the funder until it is settled, so we contact them for a settlement figure and their agreement, and where they agree the settlement is paid from the proceeds before you receive the balance. If the settlement figure looks higher than the machine is likely to make, we tell you, because it may be better to hand the machine back.

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

Read more

  • 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

All questions

Have assets to sell?

Tell us about the sale and we come back with a plain view of the best route and what it is likely to make.

  • What you have
  • Where it is
  • When it needs to go
Discuss your sale

Takes a couple of minutes. No obligation.