Britannia AuctionsWill overseas buyers bid?
Bidding is online, so the sale is open to buyers outside the UK as well as within it, and exporters do buy used machine tools. They arrange their own shipping and export paperwork. From your point of view nothing changes: they pay us like any other buyer, and they collect during the same window.
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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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- How a commercial asset auction works
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.
- 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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