Aucto Help Center
What is a Tender?
On January 31st, Aucto is proud to announce the launch of our newest feature on Aucto.com. This new selling method is known as Tenders and will replace the previous Fixed Priced Listings across the website.
Modeled after a seal-bid auction, format Tenders provide provides corporations with another way to sell surplus and used industrial equipment, machinery, and parts. The new selling format offers sellers another sale variety to sell industrial assets that may not traditionally perform well in an auction format.
The new selling format allows sellers to offer a single or group of assets for sale and set an expiry date for when all bids are due. Aucto then markets the assets to its global buyer base, who can submit their best offer for those assets in a sealed bid format. Once the Tender expires, sellers review the bids and can award the sale to the highest bidder.
If you are looking to sell used heavy equipment, then you’ll want to maximize your return. Here are a few tips to help you do that!
Get in the know with our complete guide to auction terminology and definitions you should know before buying or selling in an online auction
Getting rid of used equipment? Whether it is through selling or recycling, we'll show you what equipment disposition options are available to you.
What to Look For When Buying Used or Surplus Industrial Equipment Online
Tips and tricks for buying machinery and parts at used industrial equipment auctions and liquidations.