Purchasing with confidence on IronPlanet

Posted by IronPlanet on Mar 4, 2013 8:40:00 PM

Buying used construction equipment online can be a simple, seamless process that could save your construction company a significant amount of money. If you're new to purchasing large pieces of equipment like backhoe loaders, boom trucks or excavators online, IronPlanet can help you through the process. Our IronClad Assurance also gives buyers extra confidence they are making a smart decision by purchasing through the online auction site.

This assurance guarantees that inspectors have personally viewed the items up for bid, conducting a visual inspection and making note of every detail of the equipment. Inspectors also take numerous pictures of the items, giving buyers the opportunity to view various details of the equipment. Inspection reports also offer an assessment of the item's true condition, giving bidders a fair representation of the equipment for sale.

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Available equipment with IronClad Assurance
If you're in the market for a Boom Truck, check out the items available at IronPlanet. For instance, a Terex TC-4792 Straight Boom on a 1999 Peterbilt 357 Truck is available for purchase in IronPlanet's Daily Marketplace. It also comes with IronClad Assurance and a full inspection report. The truck has just 26,514 hours on the meter and also features a Caterpillar 3406 Engine. With a load capacity of 47,000 pounds, this impressive piece of equipment could prove to be a valuable investment for a company. The item can also come with a safety certification report, giving potential buyers even more confidence in their purchase.

If you're in the market for compactors, you will find a wide selection on IronPlanet. The 2007 Caterpillar CP-563E Vibratory Single Drum Compactor comes with a dual frequency vibrator and a Caterpillar 3056E engine. Inspectors detailed the piece of equipment, so buyers can learn about the product before bidding. This compactor, for instance, has no visible damage to its steps, ladder or hand rails, the report states.

If you can't decide between a few models, IronPlanet also allows potential buyers to compare up to six items at a time. This will let them see any major differences between the pieces of equipment and help them make a decision on what machine will best serve their business needs.

Steps when getting ready to purchase
Identifying the pieces of equipment you are interested in purchasing is essential before a big auction begins on the IronPlanet website. It's a smart idea to make a list of things that are important to you as a buyer, like the condition of an item or price, so you are fully prepared for the auction. This list may also contain must-haves, if a construction company is in desperate need of a compactor, for instance, they may want to pay extra attention to those items for sale.

If you have searched the IronPlanet website and found equipment you are interested in buying, as well as reviewed the inspection reports, the next step will be to place a bid. Before a Featured Auction, buyers can place priority bids at IronPlanet, which allows the buyer to set a maximum amount they are willing to pay for the piece of equipment. Potential buyers can also bid the day of the auction, and the Daily Marketplace hosts sales for up to one-week, givng bidders plenty of time to make an offer.

IronPlanet will then help the winner of the auction through the payment process, and even help the buyer arrange financing and transportation of the equipment.

All these steps during the bidding and purchasing process should make buying used construction equipment online a simple task. Giving customers confidence in their purchase is also important, that's why IronPlanet guarantees its inspections and reports are accurate and detailed.

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