Auctions for Lab Equipment, Part 1admin
When buying used lab equipment, know the risks
When it comes to outfitting a lab with its necessary equipment, purchasing used lab equipment is one way to stay under budget. However, before making the decision to purchase used, rather than new, equipment. there are certain risks a potential buyer should be aware of.
For example, used lab equipment sold at auction is sold “as is” – meaning no additional work will be done by the seller after the sale is complete. The equipment may not work, software might not be included, or critical components might be missing.
The primary way to avoid any potential issues is to attend the inspection day held before the actual auction. During the inspection day, you have the opportunity to ask questions about the machinery, make sure it turns on and has any critical components necessary for operation. This way, when the day of the auction arrives, you’ll know exactly what you’re getting when you bid on an item.
The Lab World Group will be hosting it’s first ever auction June 5-7. Find out more information and register for the auction here.