Utilizing Farm Equipment Auctions to Stretch Your Dollar Through the Recession


Over the years there has been a lot more farm equipment manufactured than there are farms that need it. If you are looking for equipment and want to get it at bargain rates you may want to look at farm equipment auctions. For years people would dispose of their old equipment at auctions. Buyers would congregate from miles around to view and bid on the available equipment. Today that same tradition continues only now people need only go as far as their computers to search out and find the available farm equipment. They can find cheap, second hand, or even reconditioned farm equipment online.

Whether you participating in farm equipment auctions on line or in person, there are a few things that you need to know before you bid. First of all, know what you are looking for before you enter the bidding. Do your homework first. While manufactures such as John Deer, Caterpillar, and McCormick all make farm equipment, there are other lesser know manufactures as well. The better known companies got to be that way by producing quality products. It stands to reason that the used models of the well known manufacturers will stand up better too. Know the value of each article you are interested in based on its age and hours run. No matter what the clock hours some owners do not maintain their equipment. Be aware of this and make you final bid contingent upon your physical inspection.

Always inspect what you are buying before you make the final payment for any item found in farm equipment auctions. A freshly painted tractor may be just that or it may be hiding something. Always check under the hood to be sure it runs as smooth as it looks. Look at all external fittings for evidence of wear or misuse. Look at the hydraulic system and check for dents, bends or breaks. Are the fluids at their right level and are they clean?

Farm equipment auctions can be a place to save money on your equipment. You will often find lower prices there because the auction has a lower overhead than your dealers do. When you find your bargain, check it out and if it proves to be good, go for it. Money can often be saved on a fixer upper so do not be afraid to buy a piece of equipment that needs a little work. Just be sure that it has not gone beyond the stage that can be fixed reasonably.


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