Consignment and Auction

Titan offers flexible consignment periods, transparent processes, and a seamless transition to auction if your equipment does not sell during the consignment period. Our approach is designed to maximize your returns and minimize hassle.

You can choose from 30, 90, or 180-day consignment periods, allowing you to sell your equipment on your terms.

• 230 equipment sales consultants with daily farm/construction visits
• Lower fees, thorough inspections, and a transparent process
• Leveraging Titan Machinery’s retail traffic, marketing power, and auction experience
• Trusted by farmers and contractors across 90+ locations
• Access to Titan Machinery’s service, parts, and decades of industry experience

Each unit’s listing includes a Titan Uptime inspection, providing buyers with confidence and helping you generate more cash from your sale.

• Simple, step-by-step consignment listing support from Titan Machinery Consignment & Auction team
• Easy online submission: upload details and your unit’s story 24/7
• Consignment units listed on the Titan Machinery website, reaching upwards of 25,000 site viewers per month
• Additional efforts may include SMS texting campaigns, listings on auctiontime.com, social media postings, and general digital advertising

With both prices listed, this allows Titan Machinery 230+ equipment sales consultants to complete a sale with an interested party on your consigned unit by knowing your bottom dollar to accept, without the delay of having to call to find out your acceptable bottom dollar and risk not closing the sale at that moment.

If by chance, you give verbal or email confirmation for your consigned unit to enter the 5-week Equipment to Cash Auction process, we will have your desired “buy it now" price for week one through week three for bidders that want to beat the two-week auction process. The Minimum Auction price (reserve) is the reserve price that bidders must reach at a minimum before your unit can sell via the Equipment Cash to Auction process.

If your unit remains unsold, you can opt to move it directly into our Equipment to Cash Auction, with no additional steps required on your part, except verbal or email confirmation for moving your unit to the Equipment to Cash Auction process.

When you choose to enter your unit into the 5-week Equipment to Cash Auction, your equipment will be listed in the auction and marketed to potential buyers for 5 weeks. During this period, buyers can place bids, and if the highest bid meets or exceeds your reserve price, the unit will be sold, and you’ll receive payment according to the auction terms.

If your unit does not meet the reserve price and does not sell, you have options:

• Lower your Buy It Now price and reserve price and re-enter the 5-week auction process.
• Re-enter a consignment period at a lower price.

No, the consigned equipment does not need to be at the store, but it does help minimize the number of people at your business or farm to see the consigned equipment. The cost of getting the unit to the store is the customer’s responsibility.

No, the consigned equipment does not need to be at the store, but it does help minimize the number of people at your business or farm to see the consigned equipment. The cost of getting the unit to the store is the customer’s responsibility.

Yes, before any forward process to enter a unit into the Equipment to Cash Auction process or receive payment, all units must be free and clear of all liens.

Payment is fast and secure—typically within twenty business days after lien release and receipt of sale funds.

Consignment Fees:

• 15% for units under $25,000
• 10% for $25,100–$50,000
• 8% for $50,100–$100,000
• 5% for $100,000+
• $500 minimum fee

Consignment Removal Fee:

• $995 (removal fee waived if the unit is traded in to Titan Machinery)

Auction Fees:

• 4.5% seller fee
• 2.5% buyer fee

Equipment to Cash Auction Removal Fee:

• 3% of the agreed Buy It Now price (for units listed for auction; the Buy It Now fee is determined by the consignor and Titan Machinery for the 5-week auction process).
• If your unit does not sell via the Equipment to Cash Auction process, there is no charge, but if you choose to exit the Titan Machinery process completely, there is a $995 removal fee. 

Titan Machinery appraisal services will provide Auction Average values based on current market sales results, precisely by hours, configuration, and model year, to support loans, insurance, and transfer planning. Your banker gets reliable third-party collateral values.

The $1,000 yearly auto-renewal service provides valuations on fifty units. Each additional unit from 1 to 50 incurs an extra $1,000 fee.