Construction professionals and equipment dealers can find valuable opportunities to acquire aerial lifts—commonly known as boom lifts—at competitive prices through auctions. These events often feature high-quality machinery at significantly lower costs than retail, making them an attractive option for expanding or upgrading equipment fleets. However, success at auction requires careful preparation and a strategic approach. This guide provides a step-by-step framework for buying boom lifts at auction, covering essential aspects such as research, inspection, bidding, and post-purchase logistics to help you make a smart and informed investment.
Research and Preparation
Understanding boom lifts and the auction landscape is the foundation of a successful purchase. Boom lifts are hydraulic machines designed to elevate workers and materials to heights ranging from 30 to over 200 feet. They come in two main types:
- Telescopic Boom Lifts: Featuring a straight, extendable arm, these are ideal for reaching long distances in open spaces.
- Articulating Boom Lifts: With jointed arms, these offer flexibility to navigate around obstacles, perfect for tight or complex job sites.
Popular manufacturers include Genie, JLG, Snorkel, Haulotte, and Skyjack. Auction prices for used units vary widely—smaller models may start at $10,000, while larger, advanced lifts can exceed $100,000 based on age, condition, and features. For instance, a used Genie S-60X might fetch $15,000 to $25,000, while a JLG 400S could range from $20,000 to $30,000.
To prepare:
- Research Market Value: Check recent sales on platforms like Ritchie Bros., IronPlanet, or Purple Wave to gauge fair prices.
- Set a Budget: Factor in the lift’s intended use—consider maximum height, platform capacity, and power source (electric or diesel).
- Understand Auction Terms: Review buyer premiums, payment deadlines, and pickup rules to avoid unexpected costs.
Preparation ensures you bid with confidence and clarity.
Inspection Tips
A thorough inspection is critical to avoid purchasing a lemon. Here’s what to check before bidding:
- Visible Damage: Look for dents, cracks, or missing components on the boom, platform, and base.
- Hydraulic System: Inspect lines for leaks or wear, as repairs can be costly.
- Boom and Platform: Test extension and retraction for smooth operation; check the platform for corrosion or structural damage.
- Controls and Electronics: Ensure all buttons, switches, and displays work properly—faulty electronics may signal bigger issues.
- Tires and Outriggers: Confirm tires have sufficient tread and outriggers (if present) function correctly.
- Safety Features: Verify guardrails, harness points, and emergency stops comply with OSHA standards.
- Maintenance Records: Look for a history of regular servicing (every 150 hours or 3 months) to confirm upkeep.
If feasible, hire a certified technician for a detailed evaluation, especially for high-stakes bids. A hands-on inspection minimizes risks and maximizes value.
Bidding Strategies
Smart bidding keeps you in control. Follow these tips:
- Set a Maximum Bid: Base it on your research, inspection results, and additional costs like repairs or transport.
- Use Proxy Bidding: If offered, this tool bids automatically up to your limit, preventing emotional overbidding.
- Stay Disciplined: Resist the urge to chase a lot beyond your budget—another opportunity will come.
Patience and planning trump impulsive decisions every time.
Post-Auction Steps
Winning the bid is just the beginning. Next, handle payment and pickup:
- Payment: Follow the auction house’s terms, typically detailed online, to settle promptly.
- Transport: Boom lifts require specialized hauling due to their size and weight. Partner with Freight SideKick, a trusted name in heavy equipment transport. Our experienced drivers manage loading and on-time delivery, ensuring your lift arrives safely and on schedule.
Efficient logistics get your equipment to the job site without delay.
Conclusion
Purchasing a boom lift at auction can be a cost-effective way to bolster your fleet, provided you approach it with diligence. Research the market, inspect thoroughly, bid strategically, and rely on Freight SideKick for seamless transport. As auction season heats up, use this guide to secure a reliable boom lift that meets your needs—confidently and efficiently.
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