There are several different ways to buy high-quality industrial equipment and machinery on the Aucto Marketplace.
- Auction Lots - Auction lots refer to equipment and machinery that are being sold in a traditional online auction. Buyers have the ability to submit bids following the bidding increments. g These increments are visible to other users on the marketplace, although the full buyer's identity remains private. Lots will close at a predefined time and date and will get extended once a new bid is placed during the auction end time window.
- Tender Lots - Tender lots are usually reserved for high-value equipment. Buyers are able to submit a sealed-bid on Tender lots, but must do so before the Tender end time and date. These bids are only visible to the equipment seller. At the end of a Tender, the seller will review all sealed bids and select a winner.
- Buy Now Listings - A buy now listing enables a buyer to purchase the equipment immediately. A seller will list an asset for sale at a desired price. The buyer will be able to purchase the asset at the specified price or make an offer privately to the seller as long as the listing is active.
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