Should You Sell Your Construction Equipment Online?

Online tools are available to sell your heavy equipment, safely and profitably

The pandemic changed a lot of things, but the largest influence has been on the utilization of ecommerce tools for purchasing. Customers were driven online to buy instead of shopping in-person and construction equipment was no exception.

Historically reliant on offline, in-person sales and auctions, the construction heavy equipment market has seen adoption of online equipment marketplaces accelerate through the COVID-19 pandemic. With eBay’s 150+ million active buyers around the globe, the platform provides equipment sellers access to the world’s largest online auction marketplace and sellers of equipment should take advantage.

The Time is Now to Auction Your Construction Equipment Online

With the supply chain shortages that came with the pandemic, simply finding the equipment they need has also been a challenge for contractors. Online tools have adapted and are working hard to make finding what they need easier. Buyers continue to convert to trusted online marketplaces in record numbers, due to the pandemic impact, a better buyer experience, the trusted eBay platform, and the convenience of the 100% online model.

Contractors who are ready to sell their inventory can take advantage of this and put their equipment in new hands faster than ever. The unprecedented demand in the marketplace, coupled with increased asset returns, can equal immediate and profitable success for selling equipment.

Benefits of Selling Equipment Online:

High Demand, High Profit: According to bidadoo, an eBay trusted partner, strong buyer demand drove dramatically higher selling prices by an average of over 35%+92f7bb00 30ed 4429 890c 82c9e307ef02 across many equipment and truck categories in Q1 of 2022. Prices are up 20% to 30% or more in some product categories and now is by far the best time to sell assets.

Global Reach: Items sold through eBay’s platform have the potential to reach buyers in every corner of the world. With over 150 million active users, your equipment has a higher potential of reaching the right buyer at the right time. 

Confident Buying & Selling Process: With many consumers turning to the internet for purchases, it’s important to list your equipment with a trusted source. Both buyers and sellers will depend on platforms like eBay to provide a safe space for purchases. With over 25 years of experience, the website allows both users to exchange information in a secure way.

And since items in the heavy equipment category are often valuable, all eligible items sold on eBay for at least $1,000 and up to $100,000 are covered by Business Equipment Purchase Protection - free of charge.

One-stop shopping to buy complex equipment and machinery is what customers have come to expect from a good online marketplace and eBay provides that space. Sellers can list their equipment with confidence that they will be in control of the final sale. 

Click here to learn more about how to sell your construction equipment online.