New farm equipment is expensive, but you can often find good used pieces of machinery at a farm equipment auction. Every piece of farm equipment you can think of will show up eventually at an auction, including combines, tractors, irrigation materials and grain bins. Equipment comes from a variety of sources including farms going out of business or those who have just upgraded their machinery and are selling off the old.
Why look for equipment at a farm machinery auction?
- Farm equipment auctions will save you money over buying new equipment.
- You can buy farm equipment to use as parts for your existing machinery.
- A farm machinery auction can help you find antique equipment to restore for shows or resale.
You’ll find a wide range of equipment, parts and materials at farm equipment auctions. Regardless of what you need, you can often find it through either local or online farm auctions.
Action Steps
The best contacts and resources to help you get it done
Use farm classifieds to find farm machinery auctions within driving distance
Actually seeing and testing the machinery will leave you in a better position than buying sight unseen, so look for the machinery you need within driving distance. With local auctions, you get the experience of attending a live auction, meeting with others in the agricultural industry and having the chance to buy multiple pieces of machinery.
I recommend: With the
Farm Auction Guide, find local and online farm equipment auctions and see the details of the auction.
Tractor House also has an online calendar of farm machinery auctions in North America.
Search the online farm equipment auction sites
The Internet has made it easier than ever to find the machinery that you need. Many online auction sites include farm machinery listings. Keep in mind that you'll either have to ship the equipment to your location or pick it up yourself, particularly with large equipment. You may be able to find local machinery for sale at one of the auction sites as well.
I recommend: Ebay is one of the largest online auction sites and you can find farm equipment like
tractors in the auction listings.
Proxibid allows you to bid online for farm equipment.
Check prices before bidding in a used farm equipment auction
You can find auction results online that will tell you about how much you should expect to spend for the machinery you want. Showing up at a farm machinery auction without knowing the average value can be a recipe for disaster as you'll often wind up spending too much.
I recommend: Use the
F.A.C.T. Reports at Machinery Pete’s to learn how much machinery sold for at past acutions or use their
calculator for an estimate of worth. View
auction results by the category of machinery at Tractor House.
Tips & Tactics
Helpful advice for making the most of this Guide
- You'll need to register at online auction sites to bid on machinery during a farm equipment auction. At local auctions, you'll need to bring identification with you in order to receive a bidding number. Take care of these tasks before the auction starts so you don't miss any great deals.
- Online auctions often heat up as the time on the auction gets set to expire. Be sure to check in or use automatic bidders on sites like eBay.
The official source of Farm Equipment Auctions is
the Farm Equipment Auctions page at Business.com
Related Resources from Business.com
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