Frequently Asked Questions                                                                                                                        

Where do the prices come from?

The prices come from on-site industrial auctions held in North America over the past several years.  All of our prices are actual "hammer prices" - when the auctioneer says "lot # 541 sold to buyer # 243 for $10,500" the machine which is lot # 541 goes in our database with a selling prince of $10,500.

What is your experience in the machinery & equipment industry?

We have been publishing pricing data for industrial machinery for the past twenty years.  Before that, our staff has worked in tool shops, printing plants, steel mills and industrial publications.

How do I use your information to help me?

We give "base line" prices for machinery & equipment that has sold at public auction.
If you are looking to buy or sell a piece of equipment, look them up and get several recent selling prices for your machine, then you have a good idea what is the market for your machine.  You certainly can adjust the value of your machine based on additional options, condition, etc.  Our prices give you a range of actual value your machine has in the market place.  There is "not one number" for a machine's value!

Is your information free?

No.  It is free to search our database for any an all machines that you choose.  There is only a charge once you ask to see the selling price.  The charge is $3.50 per machine with a seven dollar minimum.  (In most cases, you will want to see the price of several machines.)

Is the $7.00 minimum charge limited to each specific search?

No.  You can search and get a price for a lathe, search and get a price for a mill, and then search and get a price for a welder.  The minimum charge is calculated at time of check-out.  In the case sited above, you would have three items, so your total bill would be $7.50.  If you added a fourth item to your basket, your bill would be $10.00.

How often do you update your information?

We update it monthly.

What is the difference between your prices and the prices we see on equipment listing sites like eBay?

eBay and other sites offering machinery for sale are listing sites, not pricing services.  Often times you will see items listed with a minimum opening bid or no minimums at all and there will be no bidding on the item.  Our information is organized, whereas the listing site, because of the nature of their business, is somewhat random.  With our data, every item has a price, so you are not wasting your time.  Plus, along with our data being confirmed as an actual selling price, our data is organized, so that you can look for all of the particular make and model of a machine.

How many machines do you have in your database?

Well over a quarter of a million.