Upcoming auctions

Preparing for upcoming live and times auctions

For upcoming auctions on makana.com, users should take a few key steps to ensure they're fully prepared to participate:

1. Inspection and visit days: Many auctions offer inspection or visit days prior to the event. During these days, potential buyers can either visit the auction site to physically inspect the machinery or take advantage of virtual tours to view the machines online. This provides an important opportunity to verify the condition of the equipment and gather additional details before bidding, whether in person or remotely.

2. Reviewing the auction catalog: Before placing any bids, users can review the auction catalog, which is typically included within the upcoming auction details and can be downloaded as a PDF. The catalog provides a comprehensive list of all the machines available in the auction, complete with images, specifications, and condition reports.

3. Placing deposits to unlock bidding privileges: Makana.com requires participants to place a deposit of at least 25% of their planned purchase price before they are allowed to bid. For example, to bid up to $100,000, a deposit of $25,000 is needed. This ensures that only serious buyers are participating. Once the deposit is made, users gain access to the bidding process. It’s crucial to complete this step early to avoid any delays or issues when the auction begins.