Auctions
Keep up with industry trends, facilitate trust, attract more buyers, and offer peace of mind, improving overall auction performance.
Get a Quote For Your Equipment
Customer Satisfaction
Enhance Buyer Confidence
Stop giving auction buyers a reason not to bid. Offering extended warranties gives buyers peace of mind, making them more willing to bid on equipment they know is covered.
Strengthen Buyer-Seller Relationships
Offering extended warranties facilitates trust between buyers and sellers, positioning your auction platform as a reliable and value-driven marketplace.
Align with Industry Trends
While some auctions have adopted the “don’t ask, don’t tell” motto for generations, times have changed. With today’s technology, there is ample opportunity to represent the equipment for what it is. If you are selling high-end equipment, it’s time your programs reflect that.
Increased Revenue
Dual Revenue Opportunities
Auction companies can sell extended warranties to either the equipment seller and/or the equipment buyer, creating multiple opportunities to add the coverage.
Increase Seller Appeal
Sellers gain a competitive edge by listing equipment with the option of extended warranty coverage, attracting more buyers and potentially achieving higher sale prices.
Boost Auction Results
Equipment sold with an extended warranty typically commands 5% to 10% higher proceeds improving overall auction performance, seller satisfaction, and reputation for top results.
Efficient Operations
Easy Enrollment Process
With today’s technology and access to information, we can qualify equipment for coverage quickly and easily without a burdensome process for the auction company or its buyers and sellers.
Simplified Claims Process
Machinery Scope’s transparent and efficient claims handling ensures buyers and sellers experience hassle-free coverage, reflecting positively achieving higher sale prices.
