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Agriculture equipment auctions can be the perfect place to pick up top-quality tractors, harvesting equipment, planting and seeding machinery, and other farm equipment that are not only in good working condition but may also come at a good price.
When it comes to purchasing agricultural equipment, auctions are a great platform to find a good deal. Retiring farmers, or farmers who are upgrading their equipment often place their unwanted farm equipment on auctions to be sold off, making this an opportune venue to pick up.
If you have never been to farm equipment auctions or auction houses, we’ll explain how these work and what are the advantages of participating in these auctions.
In an auction, the highest bidder wins the item on auction. This is a rule common to all auctions which can be held offline or online. The process for an auction is as follows:
All bidders will need to register themselves for the auction. They will receive a number from the clerk that identifies them uniquely.
There will be an auctioneer or an auction house that will conduct the auction. The auctioneer’s job is to conduct the sale process, asking registered bidders to raise their hands if they choose to bid. The auctioneer keeps track of the process, managing and moving along the auction. If you want to bid, you must raise your hand. Keep an ear out for the bid values being called. If the item exceeds your budget, stop bidding immediately, if not, continue bidding.
If you are the highest bidder and no more bids are forthcoming, you will be “Awarded” the item. You have to pay for it and collect it from the auction house.
You will need to keep in mind the cost of shipping and transportation. There may be several rules and regulations surrounding transportation to your destination, so make inquiries regarding these before you purchase.
Once you visit equipment auctions you will need to inspect the piece of machinery you have bought for signs of wear and tear.
Look out for the following things:
Tractors and harvesters are some of the most common farm machinery found at auctions. Sometimes you might even get specialized equipment like orchard and vineyard equipment like pruning machines, harvesters, and specialized sprayers.
Certain equipment auctions could also be selling precision agriculture tools like GPS-guided systems, sensor technologies, and drones as well as organic farming equipment like flame weeders, compost turners, and cultivators.
You could also find climate control systems, irrigation equipment and grow lights as well as equipment to handle livestock.
For more updates on farm machinery auctions you can visit our home page of midwestauction.com to find the latest auctions in your area, so you don’t miss the chance to snag some interesting deals.
Auctions are also a great place to seek out like minded companies and get the latest buzz on several issues pertaining to the agricultural industry. To stay on top of the latest auctions that are being held in the mid-west, you can stay tuned to our website and hit our social media pages to keep tabs on the latest agriculture equipment auctions. You will be sure to find something that is useful for you.
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