How to buy used industrial equipment and surplus machinery
Used industrial equipment can cost a fraction of new, but the price on the listing is rarely the cost of getting it running. Rigging, freight, power requirements, firmware, missing accessories and testing all land on the buyer. Price those first.
Step by step
1. Match exact model and revision
Manufacturer, model, series/revision and firmware matter for compatibility with existing systems and spare parts.
2. Confirm testing status
'Powers on', 'tested', and 'as-is' mean different things. Ask for video or test reports; treat unknown status as untested.
3. Price logistics
Get rigging, loading and freight quotes before you bid. Heavy items can cost more to move than to buy.
4. Check installation needs
Voltage, phase, footprint, software licenses and calibration requirements.
5. Set your ceiling
Compare total installed cost to new or refurbished alternatives with warranty.
Checklist
- Exact manufacturer, model, revision
- Firmware/software license status
- Testing evidence
- Accessories, manuals, cables included
- Rigging and freight quotes
- Power and installation requirements
- Auction premium, tax and pickup deadline
Common mistakes
- Bidding before freight is quoted
- Assuming licenses transfer
- Missing pickup deadlines
- As-is sales with no returns
Where Have It Sold helps
- Record freight and rigging as cost lines
- Track pickup status and deadlines
- Compare written vendor offers if you plan to resell
What Have It Sold does today
- ✓ Organize buyer evidence (written offers, standing orders, buyback quotes) in a Buyer Book
- ✓ Total every cost and calculate a Max Safe Buy before you commit
- ✓ Grade deals NEON GREEN / GREEN / YELLOW / RED and show what is UNKNOWN
- ✓ Track sourcing candidates, deals, payouts and actual results versus projections
- ✕ Host listings or a marketplace — you buy and sell through your own channels
- ✕ Execute purchases, place bids, or contact buyers or sellers on your behalf
- ✕ Guarantee a buyer, a price, or a profit
A direct marketplace for buying and selling is not available today. If one is ever offered, it will be announced on this site; nothing here should be read as a current listing service.
Questions
- Can I buy equipment through Have It Sold?
- No. Have It Sold does not list equipment. Buy from auctions, surplus dealers or sellers directly.
- What does 'as-is' mean?
- Usually no warranty and no returns. Price the item as if it may need repair.
- Should I always get a freight quote first?
- Yes, for anything palletized or heavy. Freight frequently changes whether a deal makes sense.
Related
- Selling Industrial Equipment
- Flipping guide for this category
- The book: Have It Sold Before You Buy It
