Rush for Second-Hand Machinery: Why Now is a Good Time to Sell your Assets

Used Machinery

The machine and plant construction sector cannot meet the high demand due to delivery bottlenecks caused by corona disease. As a result, the market for used machinery is booming. For companies that want to sell their used machines, this is a promising opportunity. Those who sell their depreciated equipment now get a good price and a smooth sale.

For more than two years, the coronavirus has been quite harsh for everyone. In 2020, the fear was there and the world economy collapsed. With the first vaccines, optimism returned in 2021 and the world production started again. To get through the crisis, you have to be flexible. Thus, the manufacturing industry is using the coronavirus times as an opportunity for restructuring. And it really has to modernize its machines.

However, the machinery and equipment manufacturing sector is not able to meet the growing demand in a timely manner. Indeed, the industry’s full order books are facing global bottlenecks due to the pandemic. Not only is there a shortage of materials, but logistics is struggling to get organized and is swimming in the void. The shortage of goods echoes the shortage of containers. The situation is not expected to ease until the second quarter of 2022, perhaps not until the third.

Each inconvenience is offset by an advantage

Those who want to buy a new machine must now be patient. Those who don’t have the time are looking for their chance on the used machine market. One of the most successful online auction companies in this field is Surplex, through which more than 55,000 used machines change hands every year. And the trend is upward: the market for used machines is growing rapidly.

In February, for example, Surplex held a two-day auction of more than 1,000 items from a renowned organ manufacturer. 1,599 potential buyers from 73 different countries registered for the auction. This is a new record for Surplex. However, Surplex is also experiencing record demand for other industrial auctions. Sellers can make profits like never before.

Good reasons to sell your second-hand machines

“When you think of B2B auctions, you quickly think of bankruptcies. But more and more companies are consciously choosing this type of sale for other reasons,” explains Ghislaine Duijmelings, one of Surplex’s managing directors. “Many clients are currently undergoing restructuring, and we can help them achieve an optimal return.”

The high demand for high quality machines forms the basis for a promising sale. Those who want to turn their unused assets into budget find a grateful market.

The icing on the cake is the sustainability of used machine auctions. The result: less discarded equipment, more repurposed equipment. Each machine sold at an auction saves considerable amounts of CO2 and raw materials compared to new production.

Optimized benefits and quick and easy processing

Each industrial auction is tailored to the individual needs of the seller. Contract marketing is just as possible as the immediate purchase of all assets by Surplex. After all surplus machines have been evaluated according to the market, the entire process chain is organized by the industrial auction house from a single source. This includes the cataloguing of the machines, their presentation in 16 languages on Surplex.com, the organization of viewing appointments and much more. Thanks to worldwide online marketing, the commercial potential of each item is fully exploited. As a result, the auction prices often significantly exceed the seller’s expectations.

After the sale, Surplex organizes professional dismantling, invoicing and customs clearance, among other things. The processing team of the industrial auction house speaks more than 20 languages. Duijmelings: “With our comprehensive service offering, which is unique in Europe, we not only guarantee an optimal product, but also smooth processes before, during and after the auction.”

About Surplex

Surplex is one of Europe’s leading industrial auction houses and trades in used machinery and operating equipment worldwide. The 16-language auction platform surplex.com registers around 50 million page views per year. More than 55,000 industrial goods are sold each year in over 500 online auctions. The company is headquartered in Düsseldorf and has offices in fourteen European countries. More than 200 employees of 20 different nationalities generate an annual turnover of over 100 million euros.

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