Do Your Homework
It sounds cliché, but you must do the research involved in planning to partake in an industrial auction. This is the only way you will know how to ask for what you want, set a budget, and bid on high-quality equipment. You must also be aware of the specifications of what you want and what will break a deal for you.
Understand the Costs
To ensure you bid successfully, you must get a deal that is clearly within your budget. Establish all the costs beforehand to do this. Factor in the price of equipment, the shipping, and any repairs or restorations that need to be done. Also, remember to consider import fees, registration, and insurance.
Inspect the Equipment
Be sure to put somewhere on your shortlist of must-haves and dos, Inspecting the equipment. Do not bid on anything before you get to do this. These auctions will allow you to assess the industrial equipment to decide if it meets your needs and suits your budget. If you do not have the knowledge needed to know whether the equipment is suitable or not, hire a professional to inspect things pre-purchase.
You should follow all of the above and compare auction platforms to get the best deals possible from your auction