So you are ready to sell your construction equipment, heavy machine, tractor, etc. Maybe you want to buy something newer, or maybe you are ready to take a nice vacation, here are five easy steps that you should follow to make sure you get the most money.
1. Find your machines value
You can look at comparable machines on dealer sites and find what fits your machine best or you can use Pittman Tractor to help with your appraisal, just click here Free Equipment Appraisal
2. Decide how you want to sell
Need cash fast? Look at using a wholesaler, they will buy your machine quickly and give you a big check. Does your machine have low hours and in good shape? Auctions can give you a nice return, just watch out for seller fees; they can be up to 6% at some. Lastly, you want to get the most money and have plenty of time? Try listing it yourself, ebay and facebook are two easy options to sell your machine.
3. Fix major issues
Does the machine run? Do the hydraulics work and do what it needs? Is it in good condition? If so you can skip this, but if you have hydraulic leaks, bad starter, final drive issues, worn our pads, etc. you may consider fixing these to get the most money for your machine. If not whole-selling to a dealer may be your best option.
4. Give it a good cleaning
Ever been to a used car dealer where the cars were covered in dirt? I didn't think so; there is a reason everyone wants to buy something clean, so break out the soap, water, windex, and use your elbow grease. Cleaning will help set your machine above the rest even if you are whole-selling or sending it to an auction.
5. Get Paid
Depending on which avenue you go will affect how quickly you make your money, but if you follow these steps, you will have yourself in the best position to make money.