This site uses cookie, to continue browsing this site means you agree to our cookie policy Find out more here. Use Latest Chrome version for the best experience.
Why Buy Heavy Equipment from IBID?
Do you need quality used heavy equipment to support your construction or industrial project? Besides renting, you can now buy used heavy equipment online from IBID – Balai Lelang Serasi, PT Serasi Autoraya (SERA) business line that is also part of the Astra Group.
IBID offers various types of heavy equipment in a single auction schedule, including excavators, forklifts, compactors, and scissor lifts. The auction process is practical, safe, and transparent, all of which are accessible via the app or official website.
All units are sold through the online auction system called Timed Auction, which lasts 1 to 3 days. With this mechanism, you have plenty of time to monitor and place your best bid.
Before participating in a heavy equipment auction, follow these important steps and tips to ensure a smooth process and increase your chances of winning.
See also: Do This After Winning the Used Motorcycle Auction at IBID
A Guide to Participating in IBID’s Heavy Equipment Auctions
1. Create an Account on IBID’s App
First step, download IBID’s App on Google Play Store or App Store. Next, register an account and complete the verification process so you can participate in the auction. Whether for personal or business use, you can register under the name that best suits your project needs.
2. Select the Auction Schedule & Unit Location
After finding the unit you're looking for, check its auction schedule and location. Although the auction takes place online, the heavy equipment is located at a designated site. Make sure to choose units that are located close to or in line with your logistics needs.
3. Learn the Units Specifications and Documents
Before negotiating, it’s important to carefully review the unit information, including the brand, model, serial number, and the status of document completeness. If the heavy equipment is owned by a corporation, a Release of Rights (SPH) document is usually included.
4. Check the Unit Conditions in the Description
Heavy equipment units from IBID do not have a detailed inspection report like a used vehicle. However, a unit description is available that includes its physical and technical conditions.
If necessary, you can check the unit directly at the location by making an appointment first through the provided PIC contact.
See Also: Here is How to Find Your Desired Used Motorcycle at IBID Online Auction
5. Understand Bid Increment
Every auction unit has its nominal bid increment. Make sure you understand this rule before starting to negotiate. The more accurate your bidding strategy, the greater your chance of winning.
6. Make the Payment
If you win the auction, make the payment immediately according to the specified deadline. If payment is not made on time, it will be deemed a default, and your Auction Participant Number (NPL) deposit will be forfeited.
How to Register & Take Part in the IBID Heavy Equipment Auction
Heavy equipment auctions are held through a Timed Auction. Here’s how to participate:
Log into IBID’s App, click the “HVE” (Heavy Vehicle & Equipment) icon.
Select the heavy equipment units that you want.
Buy Timed Auction NPL based on auction location and date. Please note that one NPL only applies to one unit.
Double-check your NPL purchase details before making a payment.
After completing the payment, you officially become an auction participant.
When the auction takes place, you can submit a bid while it is still active.
If you win, the final price will be deducted with NPL deposit. If you lose, the deposit will be returned to your account within a maximum of 3 working days.
See also: Differences between NPL Live and NPL Timed at IBID Auctions
IBID’s Online Auction is Safe and Trusted
IBID auction house is also officially registered at DJKN (Directorate General of State Assets Management). All payments are made through an official virtual account, ensuring the process is safe from fraud risk.
To ensure a smoother auction experience, please ensure you use the latest version of the IBID app and have a stable internet connection.
For more information, visit our website www.ibid.astra.co.id and follow IBID on Instagram: @ibid_balailelangserasi, Facebook: IBID - Balai Lelang Serasi, TikTok: @ibid_balailelangserasi, YouTube: IBID - Balai Lelang Serasi, and Twitter (X): @ibid_lelang.