Auction Guide
Buyers & Sellers Guide
Everything you need to participate in or sell through KD Auctions, from finding a sale to final settlement.
Each auction may have unique terms. Always review the specific sale details before bidding or consigning.
How KD Auctions Work: Step by Step
Find an Auction
Browse current and upcoming auctions by industry, location, or asset type. Each sale includes detailed information, photos, and timing.
Review the Catalog
Evaluate available lots using descriptions, photos, and available documentation. Inspection opportunities are provided when applicable, see each auction for details.
Register to Bid
Registration is completed per auction. Follow the registration process on the listing to get approved. Each sale may have its own terms.
Place Your Bids
Bidding is conducted online. Many auctions use a soft-close format: bidding activity near closing time may extend the countdown to ensure fair participation.
Invoice & Payment
Winning bidders receive an invoice after close. Payment terms and accepted methods vary by sale and are outlined in each auction's details.
Removal of Assets
Buyers are responsible for coordinating pickup within the stated timeframe. Removal requirements and deadlines are provided in each auction.
Guides & Resources
For Buyers
Bidding & Purchasing
How to Bid at an Industrial Equipment Auction
Registration, bidding strategy, and what to expect.
How to Inspect Equipment Before Bidding
What to look for with CNC machines, forklifts, and more.
Understanding Buyer's Premium & Fees
How buyer's premium works and how to budget.
How to Ship Equipment After an Auction
Logistics, rigging, permits, and carriers.
For Sellers
Liquidation & Consignment
How to Liquidate a Manufacturing Plant
Step-by-step from engagement to final settlement.
How to Prepare Equipment for Auction
Steps to maximize recovery before the sale.
How to Choose an Industrial Auctioneer
What banks, trustees, and corporate sellers should look for.
How to Sell CNC Machines
CNC-specific liquidation options and best practices.
Equipment Appraisal Process
OLV, FLV, and FMV: how appraisals work.
Payment & Removal Terms
Payment due: Typically within 24 hours of auction close, unless stated otherwise in sale terms.
Buyer's premium: Varies by auction, always listed clearly on each sale page. Added to the hammer price.
Sales tax: Applied where required. Exemptions require valid documentation submitted before bidding.
Removal: Buyers arrange and pay for all removal, rigging, and shipping. Deadlines are per auction.
Riggers: Unless an item can be carried by hand, a rigger must be hired, no exceptions.
Financing: Equipment financing available, must be arranged before bidding.
Buyer FAQ
Common questions from buyers participating in KD Auctions sales.
Do I need to register for each auction?
Yes. Registration is completed per auction, and each sale may have its own terms and requirements. By registering, you agree to that auction's specific Terms & Conditions.
How do I know what the Buyer's Premium is?
The buyer's premium varies by auction and is clearly listed on each sale page. It is added to the final hammer price to determine your total purchase amount (before applicable taxes and fees).
When is payment due?
Payment is typically due within 24 hours of auction close, unless otherwise stated in the specific sale terms.
What payment methods are accepted?
Accepted payment methods vary by auction. Please refer to the individual sale listing for complete payment details and instructions.
Will I be charged sales tax?
Sales tax is collected where required by state and local law. Buyers claiming an exemption must provide valid documentation acceptable in the state where the auction is conducted.
Can I inspect items before bidding?
Yes, when available. Inspection dates and details are listed on each auction page. All assets are sold as-is, where-is.
How does soft-close bidding work?
If a bid is placed near the end of a lot's countdown, the closing time is automatically extended, giving all bidders a fair opportunity to respond.
Who is responsible for shipping or removal?
Buyers are responsible for all shipping, rigging, and removal. Removal deadlines and requirements are outlined in each auction's Terms & Conditions.
Can you help with shipping or recommend riggers?
While KD does not provide shipping or rigging services, we can often recommend third-party providers familiar with our auction sites.
Seller FAQ
Common questions from banks, trustees, and corporate owners selling through KD.
How do I get started selling with KD?
Contact us for a free consultation. We'll assess your equipment, recommend a sale strategy, and walk you through the process from valuation to final settlement.
What types of equipment do you sell?
We handle industrial machinery, CNC equipment, manufacturing lines, construction equipment, fleet vehicles, and complete facility contents across 16+ industries.
How does the consignment process work?
You provide the equipment and access; we handle photography, cataloging, marketing, auction execution, buyer invoicing, and settlement. No upfront fees.
How long does the auction process take?
A full managed auction typically runs 6–10 weeks from engagement to settlement. Cash purchase engagements can close much faster.
Can you do a cash purchase instead of an auction?
Yes. For situations requiring speed and certainty, we can make a direct offer on individual lots or entire facility contents. Contact us to discuss.
Prefer to buy direct?
KD Machinery offers dealer-priced used equipment with immediate availability, no auction schedule required.