Posted On: March 19, 2025 by Backes Auctioneers in: Auctions, Auto and Shop Equipment
When it’s time to sell your machine shop equipment, choosing the right auction format is key to maximizing your return. With Backes Auctioneers, you have two main options: online auctions or in-person auctions. Both have their advantages, but which one is the best fit for your equipment, timeline, and goals? Let’s break down the pros and cons of each so you can make an informed decision. Online Auctions: Convenience and a Larger Buyer Pool Online auctions have become increasingly popular, especially for industrial equipment. With buyers able to place bids from anywhere, online auctions open the door to a much larger audience than traditional, in-person sales. Benefits of Online Auctions for Machine Shop Equipment: Wider Reach, More Bidders – Your CNC machines, lathes, and milling equipment will be seen by a national (or even global) audience, increasing competition and potentially driving up bids. Sell Without Moving Your Equipment – No need to transport