Tips For Selling Surplus Used Machinery

If you are in the manufacturing industry, you know that times have been tight for the last few years. Many companies are streamlining operations and boosting their bottom lines by selling off used machinery. Whether your business deals in plastic injection molding machines or processing equipment for a variety of industries, there is always a good buyer out there: the trick is just to find him. But there’s a right way and a wrong to do it: here are some tips on how to liquidate some unneeded assets and get the most out of the deal.

–Deal with a broker: Did you know that there is a huge market for used machinery? It makes great sense both in practical and fiscal terms if you think about it. Used machinery is often more reliable than newer ones and experience less “glitches.” Of course, it also costs substantially less than new too. A used machinery broker acts as a “matchmaker” between seller and buyer, and will have the contacts and resources you need to sell your machinery much faster.

–Go with experience and size: A well-established, large machinery brokerage will not just deal with American companies; they will also have extensive operations abroad where most of the industrial growth is happening right now. Deal with a brokerage that regularly sells and exports equipment to where the action is: in Canada, Mexico, Central and South America, Eastern Europe, Asia, and so forth.

–Choices: When you need to sell your surplus equipment fast, having choices in how to do it best is essential. The best machinery brokers will offer: outright purchase, consignment, or on-site liquidation; whichever is best for your particular situation.

Buying and selling surplus used industrial machinery is a snap if you choose the right partner.

Post time: 01-30-2017