How do I sell used construction equipment?

How do I sell used construction equipment?

9 Tips for Selling Heavy Equipment Online

  1. List your equipment on Machinery Trader.
  2. List your equipment on Craigslist.
  3. Post your machines in Heavy Equipment Groups on Facebook.
  4. Grow a targeted email list.
  5. Reach out to dealers in your region.
  6. Ramp up your SEO.
  7. Connect with potential buyers on LinkedIn.
  8. Run Facebook ads.

How much should I sell used equipment for?

50-30-10 RULE: Near-to-new items should be sold for 50 percent of their retail price; slightly used items at 25-30 percent of retail; and well-worn items at 10 percent of retail.

Who sells the most construction equipment?

Caterpillar
Caterpillar was the world’s largest construction machinery manufacturers in 2020, based on construction equipment sales: Caterpillar sold equipment to the value of around 24.8 billion U.S. dollars.

What is JCB equipment?

Most people don’t realize that JCB stands for J.C. Bamford Excavators Limited. JCB is one of the three largest construction equipment manufacturers in the world and it was named after its founder, Joseph Cyril Bamford.

How do you find the value of equipment?

Three main methods for valuing used equipment

  1. Sales comparison method. In the sales comparison method, an appraiser determines the equipment’s value by researching the market for similar new and used equipment, and seeing what it has sold for.
  2. Cost method.
  3. Income method.

How do I market my construction equipment?

How do we drive results for heavy equipment dealers?

  1. Have a robust, responsive website.
  2. Optimize your site for search engine optimization.
  3. Run PPC campaigns.
  4. Adopt content marketing.
  5. Maintain your social media profiles.
  6. Start a YouTube channel.
  7. Write for relevant publications.
  8. Offer your expertise.
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