Originally Posted by
skullworks
For the really good deals you have to put alot of your own time into it. How much is your time worth? Are you ready to spend a week at the auction site to pre-inspect the machine, Wait through the bidding period, then deal with loading. BTW these are all CASH, bank transfer, certified letter of credit type purchases - There is no financing, unless you set that up with your bank prior to do an unsecured or line of credit loan. Since the machine is an "as is" purchase, it has no collateral value to the lender.
Most machines are sold "where is, as is" and you must hire a bonded rigger to remove the machine and load it onto your truck or trailer, or arrange for other industrial freight to be there to have the machine loaded.
Then you have to repeat - pay a rigging company to unload, unless you have a suitable forklift and or the other tools required for safe movement of the machine.