11 Websites for Buying The Best Used Construction Equipment

11 Websites for Buying The Best Used Construction Equipment

11 Website for Buying the Best Used Equipment

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Equipment is critical to getting your job done. And depending on the upcoming project, you can source your equipment in multiple ways:

  • Use existing equipment/fleet
  • Rent construction equipment to supplement existing fleet
  • Buy new construction equipment
  • Buy used construction equipment

Here, we are going to focus on the last option – buying used construction equipment.

Most would argue that buying equipment is more transparent and easy than ever and trends continue to point towards online purchases of used construction equipment, if not at least online searching for used construction equipment.

We are now at the inflection point where used construction equipment purchases are primarily started online

With that in mind, we are going to do a deep dive analysis of 11 major online platforms for used construction equipment and highlight their relative strengths and weaknesses. With this information, it should be much easier to pick the right marketplace for the right used equipment buying need.

When buying the used construction equipment online, it is important to understand the websites types and their general characteristics:

  • Classifieds, Originator: an online classifieds platform where the seller lists the asset directly through that website
  • Classifieds, Aggregator: a website that aggregates/scrapes listings from Classifieds, Originator websites to making it easy to search all equipment in one place
  • Classifieds, Remarketing: a specific version of a Classifieds, Originator website that is controlled by a manufacturer’s remarketing team and only carries equipment from that manufacturer
  • Auctioneer: a distressed sell, buy asset in seconds through classic offline auction companies

On to the websites, which include:

Equipment Trader

Equipment Trader

Website: www.equipmenttrader.com

Equipment Trader is one of the leading used construction equipment marketplaces with dominant traffic and progressive site features.

Purchase Type: Classified Listings

Originator or Aggregator: Originator (listings start here, are not syndicated)

Asset Valuation Method: Fair Market Value

Asset Quantity: High

Asset Type(s): Construction Equipment (not, parent company also has platforms for Truck and Ag equipment)

OEM-Specific: No

Region Focus: USA

Parent Company: Trader Interactive

Integrated Financing Feature: Yes

Price Change Email Notification Feature: Yes

All Assets Inspected by Platform: No

Machinery Trader

Machinery Trader

Website: www.machinerytrader.com

Machinery Trader is the largest, highest volume classified platform in the industry. Go here for selection when wanting to buy a non-distressed asset (non-auction).

Purchase Type: Classified Listings

Originator or Aggregator: Originator (listings start here, are not syndicated)

Asset Valuation Method: Fair Market Value

Asset Quantity: Very High

Asset Type(s): Construction Equipment (note, parent company also has platforms for Truck and Ag equipment)

OEM-Specific: No

Region Focus: USA

Parent Company: Sandhills Global

Integrated Financing Feature: Yes

Price Change Email Notification Feature: No

All Assets Inspected by Platform: No

Rock and Dirt

Website: www.rockanddirt.com

Rock and Dirt is a longstanding classified marketplace for construction equipment. Their platform was just relaunched in October 2020 – take another look.

Purchase Type: Classified Listings

Originator or Aggregator: Originator with some light syndication

Asset Valuation Method: Fair Market Value

Asset Quantity: Medium – High

Asset Type(s): Construction Equipment, Trucks Class 1-8, Trailers

OEM-Specific: No

Region Focus: USA

Parent Company: n/a

Integrated Financing Feature: No

Price Change Email Notification Feature: No

All Assets Inspected by Platform: No

Machine Finder

Website: www.machinefinder.com

Machine Finder is the John Deere corporate-controlled platform for the John Deere dealer network – both construction and ag equipment. Come here to find the best selection of John Deere equipment.

Purchase Type: Classified Listings

Originator or Aggregator: Originator

Asset Valuation Method: Fair Market Value

Asset Quantity: Low – Medium

Asset Type(s): Construction Equipment, Ag Equipment, Lawn, Forestry

OEM-Specific: Yes – John Deere

Region Focus: USA

Parent Company: John Deere, Inc.

Integrated Financing Feature: No

Price Change Email Notification Feature: No

All Assets Inspected by Platform: No

CAT Used

Website: www.catused.com

CAT Used is the corporate remarketing platform for the Caterpillar dealer network. It exists as a disposition platform for trade-ins and end-of-lease assets ending up with Caterpillar financial. These CAT assets have all the certification you could hope for. It’s THE place to hand-select your next Caterpillar machine.

Purchase Type: Classified Listings

Originator or Aggregator: Originator

Asset Valuation Method: Fair Market Value

Asset Quantity: Low – Medium

Asset Type(s): Construction Equipment, Power Systems, Trucking, Ag Equipment (CAT-style)

OEM-Specific: Yes – Caterpillar

Region Focus: USA

Parent Company: Caterpillar, Inc.

Integrated Financing Feature: No

Price Change Email Notification Feature: No

All Assets Inspected by Platform: No

Volvo CE Used

Website: volvousedce.com

Volvo CE Used is the corporate remarketing-managed platform for the Volvo CE dealer network. Find all things Volvo CE here. What’s one big benefit of it being corporate controlled? For every available machine, a full telematics report is provided, showing maximum performance transparency (Volvo CE calls them a “Matris” report).

Purchase Type: Classified Listings

Originator or Aggregator: Originator

Asset Valuation Method: Fair Market Value

Asset Quantity: Low

Asset Type(s): Construction Equipment

OEM-Specific: Yes – Volvo CE

Region Focus: USA

Parent Company: Volvo Group

Integrated Financing Feature: No

Price Change Email Notification Feature: No

All Assets Inspected by Platform: No

Case CE Used

Website: used.casece.com

The last of our corporate remarketing sites, the Case CE Used platform is the new one on the block. Here’s you’ll be able to sort through Case CE machines with ease, with extra filter controls, specifications and history transparency because it’s all one brand. Enjoy your Case CE viewing.

Purchase Type: Classified Listings

Originator or Aggregator: Originator

Asset Valuation Method: Fair Market Value

Asset Quantity: Low

Asset Type(s): Construction Equipment

OEM-Specific: Yes – Case CE

Region Focus: USA

Parent Company: CNH Industrial

Integrated Financing Feature: No

Price Change Email Notification Feature: No

All Assets Inspected by Platform: No

Used Equipment Guide

Website: www.usedequipmentguide.com

When UEG came on the scene in 2016, they were the disruptor. Aiming to be the “aggregator” of all construction, truck, lift/access and power generation ads, they have been largely successful in hitting that goal. They were quietly sold to Randall Reilly, a trucking information business in 2019/2020, where they’re leveraging their skills to launch new marketplaces.

They are the lone large-scale aggregator on our list, meaning they’re the “search engine” of all online marketplaces. Watch out, though – you’ll normally need to still go to the originator website to make contact with the seller.

Purchase Type: Classified Listings

Originator or Aggregator: Aggregator

Asset Valuation Method: Fair Market Value & Forced Liquidation Value

Asset Quantity: The Most Possible

Asset Type(s): Construction Equipment, Ag Equipment, Trucking, Lift/Access Equipment, Power Generation

OEM-Specific: No

Region Focus: Global, with a preference for USA

Parent Company: Randall Reilly

Integrated Financing Feature: Depends – links to originator website for detail

Price Change Email Notification Feature: Depends – links to originator website for detail

All Assets Inspected by Platform: Depends – links to originator website for detail

Iron Planet

Website: www.ironplanet.com

Iron Planet is the original online auctioneer. For over a decade, this team defined what it meant to buy equipment online, quickly and with confidence.

Since being acquired by Ritchie Bros. Auctioneers in 2016/2017, they’ve continued their pioneering of the online auction space with rich features, detailed information and industry-leading inspections.

Purchase Type: Auction

Originator or Aggregator: Originator

Asset Valuation Method: Forced Liquidation Value

Asset Quantity: Medium

Asset Type(s): Construction Equipment, Ag Equipment, Trucking, Power Generation, Random Bits

OEM-Specific: No

Region Focus: USA

Parent Company: Ritchie Bros. Auctioneers

Integrated Financing Feature: Yes

Price Change Email Notification Feature: Yes

All Assets Inspected by Platform: Yes* (some impact due to Covid)

Ritchie Bros. Auctioneers

Ritchie Bros Auctioneers

Website: www.rbauction.com

The grand-daddy of used equipment sales, Ritchie Bros. Auctioneers is the global standard for buying used equipment, quickly. Here, we are just focusing on their primary, classic auction business.

If you’re looking for a well priced machine for an upcoming project, Ritchie is your place. Buy quickly, buy with confidence and ship it anywhere all through their feature rich platform.

One big advantage that the Ritchie Bros. family of businesses has is the integration of Veritread, an equipment industry-first “uship”, enabling real time transportation shipping costs before you buy.

Purchase Type: Auction

Originator or Aggregator: Originator

Asset Valuation Method: Forced Liquidation Value

Asset Quantity: Medium

Asset Type(s): Construction Equipment, Ag Equipment, Trucking, Power Generation, Random Bits

OEM-Specific: No

Region Focus: Global

Parent Company: Ritchie Bros.

Integrated Financing Feature: Yes

Price Change Email Notification Feature: Yes

All Assets Inspected by Platform: Yes (partial)

Bidadoo

Bidadoo

Website: www.bidadoo.com

Bidadoo is the up and coming online auctioneer. With rapid growth in recent years, their unique platform strategy of partnering with eBay means we are comfortable with their platform and know how it works. And their features go beyond basic eBay, including finance and inspection capability.

Purchase Type: Auction

Originator or Aggregator: Originator

Asset Valuation Method: Forced Liquidation Value

Asset Quantity: Low – Medium

Asset Type(s): Construction Equipment, Ag Equipment, Trucking, Power Generation, Random Bits

OEM-Specific: No

Region Focus: USA

Parent Company: n/a

Integrated Financing Feature: Yes

Price Change Email Notification Feature: No

All Assets Inspected by Platform: No, but can purchase an inspection via We Go Look separately

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