Insider Tips on Bidding at Industrial Auctions the First Time

Are you looking to source industrial equipment for your new startup? Or are you just planning to upgrade your existing equipment? Either way, online industrial equipment auctions provide an amazing way to look for used equipment in all categories. The ability to browse and bid on a near-unlimited inventory in such auctions is matchless. However, if you’re bidding for the first time, then there are few things to keep in mind. Continue reading to find out.

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Research

There is no substitute for a proper research before a bid. This will remove the chances of overpayment and last-minute surprises. Do research about the auction site to know how trustworthy it is. Contact the seller and ask any questions you may have related to the machinery. If you enjoy geographical proximity to the seller, you may even arrange an inspection of the item to determine if it is what you’re looking for.

Budget

Whether it is a dealer auto auction, industrial equipment auction, or an insurance auto auction online, it is always important to have a clear idea about how much you’re willing to spend in a particular auction. Often times, owing to over-excitement many bidders tend to bid on an amount that exceeds their budget. Stick to a budget and try to remain within it. Factor in the auction fees and import duties especially if you are bidding from another state or country.

Registration

Once you’ve taken care of the research and costs involved, you’re set for registration. Most auction sites requires prospective bidders to sign up for an account on their site, and provide personal details such as credit card to establish legitimacy as a buyer. Following the registration, the auction site will approve the bidder after which they can start bidding. Allow yourself sufficient time for approval by registering early.

Payment & Shipment

Once you have successfully bid on your favorite item at an auction, it’s time for payment. Find out beforehand the payment gateways the seller accepts such as PayPal, Braintree, and Google Wallet. Some auction sites have their own payment service. Once you made the payment, ascertain how the auction site handles the shipping part. Most likely, bidders need to pick up the vehicle themselves or arrange for shipping soon after they receive a communication from the auction site. Successful bidders also need to sign certain document to finalize the purchase. Understand the payment and shipping rules of the site clearly to avoid any disputes later on.

Conclusion

With no particular lead times and industrial equipment far below the market prices, online auction is arguably the best place to buy used items for industries. If you’re a first-time bidder, take into consideration the above factors so that you have a positive experience. Sign up with a leading industrial auctions site today and strike gold on the first occasion.

Revisiting Mobility: The Mercedes Benz EQ Concept

Mercedes Benz auto auctions are one of the best places to find attractive and affordable deals on a Benz coupe that meets your requirements. The Mercedes Benz group have been bringing and incorporating technological innovation into their vehicles, and the EQ is one such mind-boggling concept-vehicle. If you are a car enthusiast, go through this blog. We cover the key features of the Mercedes Benz EQ concept that will revolutionize and set the tone for all futuristic vehicles.

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Futuristic Design

The Mercedes EQ concept is a leap towards futuristic ideas of vehicles. With concealed windscreen wipers, cameras replacing exterior mirrors, barely visible body panel joins, and not using door handles all makes the exterior of this beauty stand out of the crowd. It comes with large 21-inch alloy wheels and a reduced side view, diving an overall dynamic appearance to the EQ.

Refined Interiors

Equipped with a driver-oriented cockpit, the EQ concept interiors focuses on controls that are touch-based, giving the interiors a high-tech electro-look that compliments the exteriors. A floating wide screen display is installed in the instrumental panel tailored to the driver, for increased efficiency. The EQ comes with four separate seats that are designed to match the futuristic interior design, making it enhance its appeal.

Revolutionary Safety Features

The EQ is equipped with the latest driver-assistance systems available for the Mercedes coupe. This concept is said to use highly accurate maps that features automatic adjustment of driving and speed dynamics in order to provide the driver with utmost comfort.

High-Tech UI Systems

With high-tech UI systems, the EQ concept indeed has broken all records and made many jaws drop! The interiors come with classic knobs and switches, except the seat adjustments that are electrical, as in all Mercedes Benz vehicles. The EQ also has a 24-inch high-definition display that provides all information relevant to the user, such as range, driving data, navigation details, map details, and speed. Another unique feature presented in this concept is that both doors and windows are touch controlled.

“V2V” Energy Concept

Taking a step further into technology, engineers have equipped the EQ with Car-to-X communication technology to ensure information is exchanged with other vehicles and infrastructure. The biggest advantage of this technology is that drivers are easily informed of energy stations that are close by. When the EQ realizes that the destination is impossible to reach with the battery charge available, it provides the driver with nearby options to charge the battery on the map.

Final words

Mercedes Benz have proven their excellence time and again, and with the “Concept EQ”, they have impressed us further! If you are searching for a used car at a Mercedes Benz car auction, browse the web and shortlist a few reputable salvage car auctions. Choose one that has the most positive reviews. Make sure they provide an instant VIN check and finalize on a vehicle after thorough inspection of all required information to grab a deal that best suits your requirements.