New to UK Machinery Auctions? Top Questions Answered for First-Time Buyers

If you’re new to machinery auctions in the UK, you likely have plenty of questions about how the process works, what to expect and how to make the most of your purchase. Whether you're a business investing in industrial equipment or an individual looking for quality used machinery, understanding the ins and outs of auctions is essential to bidding with confidence.

At Auction News, we’ve been supporting buyers in the auction industry for over 65 years. Below, we answer the most frequently asked questions by first-time buyers to help you navigate your next machinery auction with ease.

1. How Do I Register to Bid at a Machinery Auction?

To place a bid, you’ll usually need to register with the auctioneer beforehand. This can typically be done online and may involve submitting photo ID and sometimes a refundable deposit.

Top Tip: Register well in advance - approvals can take time and some auctions close registration a day or more before the bidding starts.

2. What Payment Methods Are Accepted at Machinery Auctions?

Payment options vary between auctioneers, but the most common include:

• Bank Transfers (BACS, CHAPS, Wire) – Secure and preferred for high-value purchases.

• Debit or Credit Cards – Often accepted but may have limits or surcharges.

• Online Payment Platforms – PayPal or Stripe may be available for lower-value items.

• Finance or Leasing Options – Available through auctioneer partners for eligible buyers.

• Cheques – Rare and typically need clearance before collection.

• Cash – Increasingly uncommon due to anti-money laundering laws and security risks.

Why most auctioneers don’t accept cash:

• Security concerns

• Compliance with UK money laundering regulations

• Transaction limits

• Administrative hassle

3. Are There Additional Fees on Top of the Hammer Price?

Yes - and it’s important to factor them in before bidding. Common fees include:

• Buyer’s Premium – Typically 10–20% of the hammer price.

• VAT – Usually applied to the hammer price and/or premium. Some lots may be VAT-exempt.

• Admin Charges – A flat processing fee per lot, sometimes added.

• Handling or Loading Fees – For dismantling or loading machinery.

• Storage Charges – If you miss the collection deadline.

• Delivery Fees – Optional, if the auctioneer offers transport services.

Always check the auction catalogue and terms & conditions for full fee breakdowns.

For a more detailed guide, read Understanding Auction Fees: Valuation Costs and Commissions.

4. What If I Can’t Attend the Auction in Person?

No problem - many UK machinery auctions are now online or hybrid. Common options include:

• Timed Online Auctions

• Live Webcast Bidding

• Absentee (Proxy) Bids

• Telephone Bidding

Auction platforms such as BidSpotter and i-bidder are widely used and offer secure, real-time bidding from anywhere.

5. Can I Inspect Machinery Before Bidding?

Yes, and it's highly recommended. Options include:

• On-Site Viewings – Visit in person on scheduled viewing days.

• High-Resolution Photos – Multiple angles, key details and visible wear.

• 360° Virtual Tours – Explore the item online as if you were there.

• Video Walkarounds – Pre-recorded or live-streamed inspections.

• Condition Reports – Official assessments and maintenance history.

• Live Video Calls – One-to-one appointments with auction staff.

Auctioneers like Sanderson Weatherall and Hilco Valuation Services frequently provide these digital tools to build buyer trust and transparency.

6. How Do I Collect or Arrange Delivery of Machinery?

After payment, the machinery must be collected within the auctioneer’s stated timeframe. Common options include:

Collection:

• On-site pickup (by appointment)

• Use of forklifts or cranes for loading

• Third-party courier or transport firms

• Proof of purchase usually required

Delivery:

• Some auctioneers offer delivery (at extra cost)

• Courier services for smaller items

• Freight forwarding and export services for overseas buyers

• Dismantling services for large machinery (fees apply)

Check transport deadlines carefully to avoid storage charges.

Why Use Auction News?

For over 65 years, Auction News has been the trusted source for connecting buyers with the latest UK machinery auctions. We work with leading auctioneers across the UK and beyond to bring you fully-vetted sales, detailed listings and expert insights to help you buy safely and smartly.

Start Bidding with Confidence

Whether you’re searching for used industrial machinery, construction equipment or factory tools, Auction News makes it easy to find the right auction at the right time.

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