Sell Machinery on Bid on Equipment

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Sell Equipment on Bid on Equipment

Sell surplus industrial equipment used in the food processing, chemical processing, pharmaceutical, personal care products, packaging and related industries.   Buyers and sellers on Bid on Equipment are typically plant managers and purchasing directors of companies in those industries, as well as used machinery dealers.

Companies with surplus equipment to dispose of may list it on this site for no listing fee and may set an asking price and a reserve price.   Companies needing equipment may bid for these listings.

Listings typically have a duration of 180 days (although this can be extended if the item does not sell).

Asking Price:  The asking price is a "Buy-it-Now" price.   The seller agrees to sell the item IMMEDIATELY to a bidder who bids this price.

Reserve Price:  The reserve price is the minimum amount the seller will accept for the item.   The seller agrees to sell the item to the high bidder UPON THE 180 DAY LISTING EXPIRATION if the bidding has reached or exceeded this price.   The reserve price is not published but buyers can see whether or not is has been met.

How to sell equipment:  This website is open to the public to list surplus equipment for sale.
To list equipment, one must first register.  The registration page is here

After you register, click here to list your surplus equipment for sale

Please take note of the following:

  • Sales are FOB.  The seller is responsible for loading equipment onto the buyer's truck, unless otherwise noted.
  • Sales are subject to inspection.  The buyer is given a reasonable amount of time after the acceptance of his bid to inspect the merchandise at the seller's location and may refuse it upon inspection.

Commissions:  There are no fees for listing merchandise on this website.  Sellers pay a 10% commission.   Successful bidders pay a 10% buyer's premium.   (There is a minimum commission and buyer's premium of $50 on small sales.)   When a seller agrees to accept a bid, Bid on Equipment collects the bid price plus premium from the successful bidder and pays to the seller the bid price less commission.

 


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