5 tips for selling your heavy machinery

Selling used heavy machinery can be time consuming and stressful. It is often difficult to accurately price machinery and know where and how to list equipment. These 5 tips offer a good starting point and will make the sales process a lot easier.

Do your homework

The first step in selling any heavy machinery is knowing how much your equipment is worth. Researching the current market and comparing the prices of machinery similar to what you are trying to sell allows you to establish a reasonable price range. Once you have found a suitable price range, you are able to negotiate the cost of the equipment and set realistic expectations.

Research sales methods

Whatever machinery you want to sell, its conditions and your passion for a quick sale, there will be a sales method that suits you. There are several common selling methods, including confidential and no-reservation auctions, equipment dealers, and private sellers.

Show the value of your equipment

Before selling any heavy equipment, you should consider what it looks like to potential buyers. Poor maintenance can discourage a buyer, so it is recommended that you do some renovations to any machinery you want to sell. This can include any maintenance such as cleaning, upholstery, glass repair, painting and finishing. Usually, refurbishment is a surefire way to show and add value to machinery and provide a greater return than the initial investment.

Be transparent

When listing heavy machinery online, it is important to provide accurate and detailed photographs and information about the equipment you wish to sell. The details and photos posted must be complete and show a realistic representation of the machines – this is especially important if you are selling internationally and the buyer will not be able to physically view and inspect the machine.

Find an equipment dealer

If you are unsure how to sell your heavy machinery and are reluctant to do it yourself, it may be wise to seek out an experienced equipment dealer and distributor. They will bring the skills needed to properly list and market your machinery and perhaps even have the ability to increase the market base for your specific equipment.

Tips and advice Machinery and equipment

For heavy machinery loads concentrated in a small footprint, special care should be taken to ensure that the base of the load is not damaged and to ensure that the weight is evenly distributed over the entire floor of the container. Cordstrap specialists can assist you in selecting the most suitable locking methods.

• Particular attention should be paid to goods of exceptional width, such as machinery packed in crates on flat racks, for a blocking that prevents any slipping and lateral overturning. Cordstrap has come up with solutions to ensure that these types of loads stay in place for the entire transport chain – our belt loops.

• Compliance with the current regulations of the CTU Code is important for the shipper, who is now explicitly held responsible for the delivery of goods that are safe and suitable for transport.

• The straps should only be applied after careful consideration and calculation of the movements and forces that can act on the load. Calculations must be made based on relevant codes or regulations, such as the CTU Code. The Cordstrap team of cargo securing experts can recommend specific applications.

•Belts must take into account a series of factors, such as the nature and weight of the products, but also the means of transport.

• Cordstrap strapping and straps are available with different sealing characteristics from 1,000 lbs (450 daN) to over 45,000 lbs (20,000 daN). Note that polypropylene straps, although similar in appearance, have completely different elongation properties than Cordstrap strapping.