How to buy at an online asset auction
Online auctions are a quick and effective way to buy surplus machinery and business assets. In this guide to online auctions at Eddisons CJM, we’ll explain how to get started so you can commence bidding on our online auctions and sales.
Firstly, you need to find the assets that you want to buy. You may have received one of our auction alerts, showcasing an auction, or have seen one of our featured sales on Facebook, bidspotter or another advertising channel and click through to that specific page. NB: If you haven’t signed up already, we’d recommend subscribing to our auction alerts, so you will be the first to hear about upcoming auctions and sales.
If your first stop is the machinery and assets home page, then there are a few ways to find our current asset sales:
- use the “Auctions & sales” tab in the main menu navigation
- or use the “search function” to navigate to the listing of current sales or a specific item
- use one of the category searches to browse all items listed within that categoryWhen you visit the asset listing page, you’ll see that our online auctions include a full range of machinery and business assets – from cars & commercial vehicles, surplus retail stocks, through to more specialist metals processing equipment, plant & machinery or other industrial assets. These have been organised into different categories, to help you find the type of assets you are looking for more quickly.
Once you have found the assets that you want to make a bid on, you’ll need to ensure that you have an account set up. You can set-up a bidding account, or login, by clicking here. It’s a FREE service and there is no ongoing charge for bidding or watching our online asset auctions. Follow the onscreen instructions and complete the required fields. You should then receive an email asking you to verify your email address.
Register for an auction
Registering for an auction is quick and easy. Just follow the four steps below:
1. Sign in to your account
2. Select the auction you wish to bid on under “auctions” then “current auctions”
3. Click “connect to auction”/ “register to bid”
4. Follow the steps to complete your sign-up.
Before you can make a bid you may be asked for card details, which will be used if you are the winning bidder.
You’re now ready to start bidding. Good luck.
NB: Bidding at auction is a contractual commitment to buy and, unlike online shopping, you can’t return items you bid on unless they’re materially different to their catalogue description.