An auction can create urgency and price discovery, but the hammer price is only one line. Premiums, taxes, payment, loading, removal and condition terms determine the real transaction.
Before biddingTerms, premium, tax, payment and inspection
Before winningRigging quote, freight route and installation plan
Before releaseCleared funds, authority, title and pickup documents
After removalCondition record, claims, facility closeout and open items
Read the sale terms before the catalog
Registration, deposits, buyer premium, taxes, payment method, lot withdrawal, condition disclaimer, dispute forum and removal deadlines can change the decision before machine specifications matter.
Verify the lot
Confirm serial identity, location, power status, included accessories, tooling, control options and whether photos show the exact lot. Ask what can be inspected or demonstrated and what the auctioneer or seller actually represents.
Price the exit
Rigging, electrical disconnection, loading, permits, freight, storage and missed-removal penalties belong in the bid ceiling. A low hammer price can become a high installed cost when the machine is difficult to remove or far from the destination.
Sellers should model net
Commission, buyer premium allocation, photography, advertising, labor, rigging credits, no-sale fees, reserves, title issues and leftover lots affect the seller outcome. Compare the auction contract with dealer, broker and direct-sale alternatives.
Machine Blue Book is an independent information and research service. It does not replace a qualified attorney, accountant, appraiser, engineer, inspector, broker, auctioneer, lender, carrier, rigger, manufacturer or other responsible professional for the actual transaction.
