When you are in the market for used farm equipment, you have more purchasing options than ever before. You can browse online marketplaces, connect with specialized brokers, visit local dealerships, or participate in live and virtual heavy equipment auctions.

When attending an auction, it can be tempting to let the crowds affect how you bid. However, as a buyer, you are in control of what and how you bid at an auction. There are a few tactics many people use at auctions to walk away with great items at a low price. These tips will give you the chance to win, even if you have arrived on a tight budget or are unsure of how to bid at an auction. Below are five strategies you can use to knock out the bidding competition.