Posted On: April 9, 2025 by Backes Auctioneers in: Construction and Industrial, Fabrication
For contractors, having the right equipment is essential to keeping projects on schedule and maintaining a competitive edge. But what happens when you have aging, underutilized, or surplus machinery taking up space? Rather than letting old equipment collect dust—or worse, continue to depreciate—smart contractors use auctions to free up capital for new investments. Here’s how selling through Backes Auctioneers can help you turn outdated equipment into cash and keep your business moving forward. 1. Get Immediate Cash for Your Old Equipment Holding onto unused machinery ties up valuable resources. Selling at auction turns that idle equipment into immediate cash, giving you the liquidity needed for new purchases, payroll, or expanding operations. No waiting months for a buyer—auctions ensure a sale happens on auction day. Competitive bidding can drive up the final selling price. You get paid faster than listing equipment privately. 2. Avoid Depreciation