Bidding

Frequently Asked Questions

• How do I bid and buy?

  Buying equipment is easy. You can check detailed equipment information and photos before you place a bid. You will need to be logged in to participate in bidding sales.

• Do you have different types of bidding sales?
  • We have both open and sealed bidding sales. Be sure to check what type of bidding sale you are participating in.
  • An ‘open’ bidding sale is where bidding is open and visible to other people. You can see bids placed on the item by other bidders, and what the current highest bid is. Bidding typically works in ‘increments’ and the next bid is one increment higher than the existing bid.
  • A ‘sealed’ bidding sale is where your bid is private, and unknown to other bidders. Typically, bidders submit their best and final offer for the item. At the close of the sale, the bids are reviewed, and the highest bidder is contacted.

• What should I do if I have the winning bid?

  If you are the highest bidder you will receive an e-mail. We will then start the Customer Due Diligence process and will inform you of any additional information required.

• What other services do you offer?

  We also provide inspection, insurance, financial solutions and transportation via our partners.