Why You Should Consider Consignment

By Toromont Cat
August 04, 2021
1 minute read
Consignment of used heavy equipment

arrowHave you thought about consignment before auctioning your equipment?

 

Thinking of selling? Consignment could be a great option. You can sell your used equipment at the price you want, without the hassle of marketing it. By consigning your equipment to Toromont Cat, you control the selling price, while taking advantage of our extensive dealer network and representatives across the country. Toromont will market your equipment, which you can choose to keep in your possession or bring to one of the branches until it’s sold.

 

Consignment vs. auctioning: what's the difference?

 

When you’re busy closing contracts, auctioning your equipment may seem like a quick and easy way to sell your equipment and not have to deal with scrapping it. However, selling at auction means

  • Make your price very competitive
  • Pay a participation fee.

As a result, the yield can often be disappointing. Moreover, everything happens very quickly, making it impossible to negotiate. Conversely, consignment offers many benefits and will give you peace of mind because:

  • You can set your price and get a free inspection.
  • Toromont Cat will leverage all its resources to sell your equipment.
  • You control of the price, and if the sale doesn’t suit you, Toromont Cat will continue the process for you.
  • You can concentrate on your business without wasting time and energy trying to sell your equipment.

consignment 100Taking your time is often more profitable

In business, a spur of the moment decision is rarely the right choice. And the construction business often – especially in recent months – demands shorter delivery times and a reduced workforce. So, more than ever, time is money. But it takes time to market used equipment if you want a good return on your investment. To free you from this task and help you get the most out of the sale of your equipment, consignment is a very attractive option.

 

A personalised approach with customized options

 

Consignment is only one of three options to sell your used equipment. 

We offer also:

  • Direct purchase: Sell your machine directly and quickly at the best market price
  • Trade it for a new or used model, with very advantageous conditions.

No matter which option you choose, you can trust Eastern Canada’s largest heavy equipment network to advise and support you.

Ask a representative for more information.

Consign your equipment here

 

 

About Company
Toromont Cat

Toromont Cat is your Cat Dealer in Manitoba, Ontario, Quebec, New Brunswick, Nova Scotia, P.E.I., Newfoundland and Labrador, and Nunavut. We are dedicated to supplying and servicing new and used equipment, delivering a superior customer experience and exceptional product support to the markets we serve.