Recently Sold & Upcoming Auctions

Aucto Blog | 2017-05-09 18:20:02 EST

Recently Sold & Upcoming Auctions

Published by Ryan Degen on: 2017-05-09 18:20:02 EST

It’s no secret that ‘buying used’ industrial equipment and machinery is becoming more popular than ‘buying new.’  Individuals and larger companies realize that ‘buying used’ means huge savings. In fact, the savings typically outweigh the minimal risks associated with purchasing used equipment. As well, a trusted marketplace can reduce most, if not all, risks associated with purchasing used equipment and machinery.

Below we’re highlighting some recent sales and upcoming auctions to keep an eye on.

Recent Sales

A successful industrial auction depends on realistic pricing expectations. For auctioneers, this means setting starting bids that promote an active and competitive bidding stream. While the featured equipment below sold for 50 to 60 per cent of their approximate ‘new’ value, their starting bids were set significantly lower to ensure maximum interest and activity.

       1. Neles Jamesbury Metso 30In Butterfly Valve W/ Actuator ($2,800)

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       2. Standard Height 40’ Container, 67,200 LBS Capacity ($1,100)

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       3. Burks Feed Pump and Motor ($200)

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Upcoming Auctions

       1. Takatori MWS 812 SD Down Cut Multi Wire Saw ($50,000)

ASTOCA is hosting a one-day, online-only auction featuring processing machinery and equipment from Rubicon Technology's now-closed Perai facility. The auction offering includes wafer processing and polishing operations including multi-cut wafer saws, dual-face lapping and polishing machines and auto laser marking equipment.

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       2. Doosan DL300 Loading Shovel ($15,000)

William George & Co. is hosting a used construction and agricultural equipment auction. The auction features excavators, loading shovels, mowers and more.
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       3. 1999 Okuma Impact LU-35 4-Axis CNC ($5,000)

IAAS Worldwide is hosting an online timed auction featuring turning and machining centers, as well as lathes and general machine shop equipment. 

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Registration & Bidding

If you’re interested in signing up for an account, be sure to register prior to an auction’s go-live date. We prepared two guides to walk you through Aucto’s registration and bidding process.

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