One thing we know about online machinery marketplaces is that there are so many of them online, you can get confused as to which one to choose. However, we know enough about these websites to know that they can either be an Amazon or an eBay. In other words, they can work like Amazon or eBay.
What we mean is that while there are websites that require you to pay the full price, there are those that allow for you to bid on their machinery, thus allowing for you to get discounted prices. But if you have used any of these websites before, you already know that you only get what you pay for.
With Amazon-like websites, such as MachineSales.com you do get brand-new machinery that you can get serviced at no cost to you, you know, just in case something happens to the machine while in transit. On the other hand, with auction websites, you do need buy a piece of machinery as is, and there is no telling if it’s going to be in totally good condition when it arrives or you need to do some fine-tuning.
In any case, it’s not up to use to decide which type of online machinery marketplace to use. As Paul Rogash, director of MachineSales.com said, there are pros and cons to using different websites. To recap, with auction websites, you can get discounts on the price and with regular websites, you do something brand new.
Regardless of the website you are using, though, we really believe that you should do extra to check that the machine you are using is in truly good. You could ask the seller if you can personally check the machine before you buy it. If this isn’t possible, then at least ask if you can get a free servicing or warranty on your machine just in case something happens. If a seller refuses to offer it, then move on to the next one.
Aside from warranties on your purchase, ask about any financing options on your purchase. Machines are expensive and you will want to be able to buy it without compromising your current cash liquidity. While financing does make the price of the machine more expensive, what you’re trying to do here is to free up your cash flow so you have money for other things even when you just bought an expensive machine for your business.