What are the different ways to buy industrial equipment on Aucto?

There are several different ways to buy high-quality industrial equipment and machinery on the Aucto Marketplace.

  • Auction Lots - Auction lots refer to equipment and machinery that are being sold in a traditional online auction. Buyers have the ability to submit bids following the bidding increments. g These increments are visible to other users on the marketplace, although the full buyer's identity remains private. Lots will close at a predefined time and date and will get extended once a new bid is placed during the auction end time window.

  • Tender Lots - Tender lots are usually reserved for high-value equipment. Buyers are able to submit a sealed-bid on Tender lots, but must do so before the Tender end time and date.  These bids are only visible to the equipment seller. At the end of a Tender, the seller will review all sealed bids and select a winner.

  • Buy Now Listings - A buy now listing enables a buyer to purchase the equipment immediately. A seller will list an asset for sale at a desired price. The buyer will be able to purchase the asset at the specified price or make an offer privately to the seller as long as the listing is active.

Need More Help?

Contact Our Support Team

CONTACT SUPPORT