Buyers are required to pay a fee of 3% to Machines & Bids in addition to the seller's final price. This fee is subject to a minimum of $300 and a cap of $4,500.

Sign In or create your account and verify your email, add a payment method and phone number to your account. You can also opt to register when you're ready to bid on a specific equipment, at which point credit card details will be required.

Once you're registered, choose the equipment you're interested in and hit 'Place Bid' on its page. Your bid should exceed the current highest bid. A temporary hold will be placed on your credit card for the duration of the auction. Refer to the pre-approval amounts below for more details.

When placing a bid, you will be asked to choose a pre-approval amount. There are 5 maximums you can get pre-approved for: up to $10,000 (hold of $300), up to $25,000 (hold of $750), up to $50,000 (hold of $1500), up to $100,000 (hold of $3000) and $150,000 and up (hold of $4500). If you win the auction, the buyer's fee of 3% of the winning amount will be charged to your card, and the remaining hold amount will be released. If you don't win, the hold will be released immediately at auction end. If you wish to increase your pre-approval amount during an auction, you will be prompted to do so automatically. At any time, you can release the pre-approval hold by clicking on the 'Release Hold' button on My Bids page, as long as you are not the highest bidder on an equipment.

The increments for bidding are as follows: starting at a $50 minimum, then increasing in $50 steps up to $4,999, followed by $100 steps from $5,000 to $9,999, $250 steps from $10,000 to $24,999, $500 steps from $25,000 to $99,999, and $1000 steps for amounts $100,000 and above. You are welcome to bid any amount you desire above the current bid. The mentioned guidelines represent the minimum bid increment.

All bidding activities on Machines & Bids auctions are conducted in Canadian Dollars (CAD), regardless of the equipment's location.

International bidders are welcome, but full payment for the equipment is required immediately after the auction. All responsibilities related to logistics, import duties, and transportation fall on the buyer. It's crucial to have these aspects sorted out before you place a bid.

You can add a question on the auction page, which is visible to all users. You can also contact the seller directly by clicking on the 'Contact Seller' button on the auction page.

Inspected machinery will be marked with an 'Inspected' below the pictures on the listing. You can view the detailed inspection report by following the link provided on the listing page.

The inspection covers a comprehensive check of the equipment's exterior, interior, and operational condition. For the complete inspection checklist, please refer to the report on the listing page.

Operational tests are conducted if the machinery is safe to operate and the seller consents. However, there may be cases where operational testing is not feasible due to various constraints.

Proxy bidding is not available. Should you be outbid, you'll need to enter a new bid manually. Your bid amount becomes the new high bid immediately.

A hold is placed on your card as a precautionary measure to cover the potential buyer's fee, in case you win the bid. Refer to the pre-approval amounts below for more details.

Holds for non-winning bids are released immediately after the auction concludes. However, the time it takes for this to reflect in your account may vary depending on your bank.

Listings without a reserve will be marked with a 'No Reserve' tag. Reserve prices are confidential and not disclosed during the auction.

In cases where the highest bid doesn't meet the reserve, we'll facilitate negotiations between you and the seller to agree on a sale price. This opportunity is exclusive to the highest bidder.

Post-auction, we provide contact details of both parties to each other to finalize the transaction.

We have partnerships with financial institutions to provide financing solutions. You can explore these options on each auction page. It's advisable to secure financing approval before participating in an auction. You can also arrange a pre-approval limit that you can use for multiple equipments.

The buyer is responsible for arranging and bearing the cost of transportation. We recommend discussing the collection timeline with the seller beforehand.

We strongly suggest using wire transfers. The equipment is expected to be paid to the seller within seven (7) business days of the auction's conclusion. If you're unable to complete the transaction within this period, please contact us to discuss an extension.

Sellers are required to pay a fee of 3% to Machines & Bids at the conclusion of the auction. No fees are charged if the item doesn't sell because the reserve is not met or there are no bids at auction end.

We're interested in a wide range of equipment, from classic tractors to modern equipment. While we can't accept every submission, we're keen to review your equipment to see if it fits our auction platform.

Currently, our auctions are limited to equipment located in Canada. We're exploring the possibility of including USA listings in the future. Make sure to drop us a email if you're interested in this expansion and subscribe to our newsletter to stay updated on our expansion plans.

To list your equipment, click on the 'Sell a Machine' button. You'll need to provide basic information like make, model, year, and a few photos. If your equipment catches our interest, we'll reach out for more detailed information to create an accurate auction listing.

Initially, we need basic information such as make, model, year, and some photos. If we decide to list your equipment, we'll then ask for more comprehensive details specific to its category, features, and condition.

Quality photos are crucial for a successful auction. If we have a local representative in your area, we'll arrange for them to take the photos. Otherwise, we will request a live video call with you to take the photos. We'll provide detailed instructions to ensure the best possible results.

Absolutely! Videos showcasing the exterior, interior, and operational aspects can significantly boost interest and confidence among buyers. We recommend using landscape mode for filming and hosting the video on platforms like YouTube or Vimeo.

An inspection report can significantly increase the value of your equipment. It gives bidders confidence in its condition, often leading to higher bids. The cost of an inspection is usually offset by the increase in final bid amounts.

Inspections cover the equipment's exterior, interior, and operational state. Each category has a comprehensive checklist of items to be inspected. You can use one of our trusted partners or a local inspector of your choice, the latter must be clearly referenced (inspector name and company) on the inspection report.

We recommend allowing inspectors to operate your equipment, provided it's safe and legal to do so. However, there might be situations where operation is not possible due to various constraints.

Including the inspection report in your listing is optional. However, sellers are obligated to disclose any defects to ensure a fair and accurate listing and to avoid conflicts after sale.

Once you provide all necessary details about your equipment, our team will draft the auction description. We ensure it's straightforward and factual, focusing on key details. Your approval is sought before the listing goes live.

You can chat with us directly from the 'My Listings' page once you submit your equipment. We aim to respond promptly, typically within one business day.

Our auctions typically last 14 days. However, if a bid is placed in the final minute, the auction extends by one minute to allow for further bidding, emulating a traditional auction environment.

Direct edits by sellers are not possible, but you can contact us for any changes. You're also encouraged to actively participate in the Q&A to add clarity or additional information.

Active participation in the Q&A section is highly recommended. Responding to queries and engaging with potential bidders often leads to more successful auctions. Remember, a positive and informative approach builds bidder confidence.

You have the option to choose between a reserve and a no-reserve auction. For reserve auctions, you suggest a minimum price, which we may discuss and adjust. You're free to lower the reserve during the auction, but it cannot be increased.

Reserve price must remain confidential. Revealing the reserve often slows down the bidding process, particularly as bids approach that amount.

Registered bidders with verified email addresses and valid credit cards can bid. Bidders, including international ones, are expected to complete payment promptly after the auction. They are also responsible for any logistics and import fees.

No, all sales must go through the auction process. Attempting to circumvent the auction for a private deal can result in penalties and a ban from our platform.

If the reserve isn't met, we'll attempt to negotiate a satisfactory price between you and the highest bidder. If an agreement is reached, we'll facilitate contact. If not, we may offer to relist your equipment or provide other solutions.

Following the auction, we furnish both parties with contact information, supply the seller with a bill of sale to fill out, and provide a draft of the necessary ownership transfer documents. The completion of the transaction, including payment and transfer of ownership, is then managed directly between the buyer and seller.

We recommend secure payment methods like wire transfers. Depending on the situation, other methods may be suitable. Always exercise due diligence, such as verifying checks with your bank, before finalizing the sale.

Familiarize yourself with the title transfer process and be prepared for post-sale arrangements. If there's a loan on the equipment, have a plan to pay it off and transfer the title promptly after the sale. Understanding province-specific requirements is also crucial.

Yes, a Bill of Sale detailing the equipment, sale price, and transaction terms is necessary. We will provide a draft to be completed, that both parties should sign and keep a copy.

While rare, if a winning bidder defaults, they lose their buyer's fee and face a ban. We'll then work with the next highest bidders to finalize a sale. If unsuccessful, we may offer to relist your equipment or provide a partial fee compensation after a set period.