Q:

What online resources exist for selling a used excavator?

A:

Quick Answer

Equipment Trader and Ritchie Bros. Auctioneers each offer resources for selling used excavators. Each of these sites offers sales listings, tips and equipment valuation tools.

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What online resources exist for selling a used excavator?
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Full Answer

Equipment Trader is an online marketplace that posts classifieds for construction hardware. As of 2015, placing a basic ad on the site costs $29. Basic ads run for four weeks, and extensions are discounted if the ad is renewed within the allotted time. An option to run the ad until the merchandise is sold is also available. There are no refunds for listing fees. Equipment Trader also offers a comprehensive research section including a directory of hauling companies, a list of escrow services and a seller tips and tricks section. Customer service is available by phone, live chat or email.

Ritchie Bros. Auctioneers holds online auctions for excavators and other heavy equipment. Sellers may also auction their equipment in-person at one of the company's many permanent sites. All auctions are full service; Ritchie Bros. Auctioneers handles storage, marketing, trading and profit collection. The company offers several consignment options and outright purchase may be available. Users can contact customer service to set up an auction. The website also contains a collection of articles on selling heavy equipment that are free to browse.

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