Are you looking to save money on farm equipment without sacrificing quality? Buying used farm machinery at auction can be a smart move if you know what to look for. Our guide will walk you through the benefits, tips for buying, and maintaining your equipment to make the most of your investment.
Why Buy Used Farm Equipment at Auction?
There are many benefits you’ll get from buying at an auction, including saving money, avoiding huge contracts and pushy salespeople, and even supporting your local economy. Here are some others.
1. Cost Savings
Auctions are a great way to save thousands, especially when compared to buying new machines. You can find high-quality brands at a fraction of the price, helping you stick to your budget.
2. Backup Equipment
Need a second tractor or other machine? Want to have parts available whenever you need them? Auctions allow you to purchase reliable backup pieces and parts at reasonable prices.
3. Startup Costs
For new farmers, buying used equipment at auction helps reduce initial investments while still getting what they need to get started.
Tips for Buying Used Farm Equipment at Auction
Auctions are great, but it is best not to start going to these events without some knowledge of how they work. You’ll need to be prepared before buying anything, too.
1. Do Your Research
Before attending an auction, research the fair market value of the pieces you’re interested in. Compare this with the auctioneer’s starting price to ensure you’re getting a good deal. Remember to take note of any additional fees or buyer’s premiums that may be added to your final bid. Finally, arrive early to inspect the items in person and ask questions if needed.
2. Inspect the Farm Equipment
Check for any signs of damage, such as rust, wear, or weather exposure. Look for upgrades like new batteries, tires, or engines as well. Finally, verify if the piece still has a valid warranty, because some will cover hours of use or specific parts even after changing ownership.
3.Ask Questions
Talk to the seller or original owner, if possible, to learn about the equipment’s history and usage. Ask about any past repairs or maintenance to get a better understanding of its condition. Knowing how it was used can help you assess whether it will meet your needs.
4. Buy Reliable Brands
When purchasing used farm equipment, it’s wise to stick with well-known, active brands. This ensures replacement parts are readily available when needed. However, if you’re a collector, this may be less of a priority.
5. Stick to the Right Age Range
Experts recommend purchasing machines that are 3 to 8 years old. Avoid equipment with excessive wear or that has exceeded its typical annual usage.
6. Test Before You Bid
Whenever possible, test the equipment to ensure it’s in good working condition before committing to a purchase. This can help you avoid unexpected issues and ensure you’re investing in something reliable. If testing isn’t an option, make sure to review warranties or return policies for added peace of mind.
What to Avoid When Bidding
When it comes to bidding on used farm equipment at auctions, there are certain things that you should avoid to make the best purchase possible. Some tips to keep in mind include being cautious of prices that seem too good to be true, avoiding machines with unclear maintenance records or visible damage, and not getting caught up in the excitement of bidding. It’s important to stick to your budget and do thorough research before making any bids.
Best Equipment to Buy at Auction
- Diesel-Powered Machinery: Diesel engines are more efficient and cost-effective over time.
- Low-Hour Equipment: Look for machinery that hasn’t been overused but has a proven operational record.
- Trucks and Trailers: These are valuable assets to any operation and can be found at a great value.
- Construction Attachments: Equipment attachments like buckets, blades, and hammers can also be purchased at auctions for a fraction of the cost.
Maintaining Your Used Farm Equipment
Regular maintenance is essential for prolonging the lifespan of your machinery and preserving its value. Here are some tips to help you!
- Replace batteries every 3 to 4 years.
- Monitor tire tread and replace tires as needed.
- Conduct regular inspections to address wear and tear on parts.
- Keep your equipment clean and free of debris.
- Follow the manufacturer’s guidelines for oil changes and other routine maintenance tasks.
- Store all machinery and tools in a covered area to protect them from the elements when not in use.
- Keep a detailed record of all maintenance and repairs.
- Train operators on proper usage, maintenance, and safety procedures to prevent accidents and damage to the machinery.
Need More Help?
If you’re ready to explore upcoming auctions or need expert advice on buying used farm equipment, High Plains Auctioneers is here to help. Call us at (806) 244-6776 or email us today. Check out our regularly updated auction listings to find the perfect equipment for your farm.
Updated on 7/17/2025