The online auction site IronPlanet is an excellent way for farmers and construction company owners to find the equipment they need. While there's a lot to learn about IronPlanet and its many features, a brief overview can be useful for new visitors getting their bearings.
IronPlanet is an auction site that focuses on used construction and agricultural equipment. There are a few things that set IronPlanet apart from a typical equipment auction, however, that site users should familiarize themselves with.
First and foremost is IronClad Assurance. This unique program ensures that buyers never have to question whether or not a piece of equipment is in working order, which can be a problem when buying other items online. As part of the service, IronPlanet offers experts who complete a full in-person inspection report. These reports get into every detail, so the buyer can know the mileage of the tractors they're looking at, or note any problems with a crane's inner machinery.
Every minute detail of the product is noted in the inspection reports, which are easily viewable on each item's page. The inspection reports provide a number of high-quality images of the item, along with detailed analyses of oils and other fluids in the equipment.
This is a major benefit for both sellers and buyers. Those purchasing an item on IronPlanet will know exactly what they're getting, enabling them to bid more effectively. For example, farmers with technical know-how might be willing to buy an affordable tractor with several problems if they know they can easily fix them up. Or, a contractor who wants to minimize risk can be sure the excavator he's buying is in perfect condition before he submits a bid.
IronClad Assurance also makes IronPlanet one of the best places for buyers looking to sell their used equipment. On a site or auction where the buyer isn't guaranteed the item will be in the condition the auction house says it is in, those considering purchasing are less likely to submit the highest bid for an item. Doubts about the item's condition ultimately lead to lower bids, and the seller may not get the full price they were hoping for. On IronPlanet, those bidding are doing so with the full knowledge of the item, so the original owner gets a fair price.
