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Why Some Auction Bargains Never End Up Running

Why Some Auction Bargains Never End Up Running

I buy machinery at auction regularly, and so do many of my customers. Most buyers go into an auction with good intentions and a clear plan: buy a machine, move it, install it, and put it to work.

In practice, that plan doesn’t always survive contact with reality.

This isn’t a criticism of auctions. Auctions serve an important...

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Auction Purchases vs. Dealer-Supported Equipment: What Buyers Should Know

I buy machinery at auction frequently. Many of my customers do as well — and at times we find ourselves bidding against each other. I also count several auctioneers in this industry as close personal friends. Auctions play an important role in the machinery market, and when they’re the right fit, they can work very well.

That said, auctions aren’t the right solution for eve...

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URGENT SCAM ALERT

Does your business make electronic payments or receive electronic payments? If so, please read the following so that you may avoid getting scammed.

Modern thieves are getting very sophisticated. They are finding ways to hack into business email accounts. They scan for bills and invoices being sent by email. Then they quickly create domain names with an extra letter or sligh...

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