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Am I Allowed to browse the site and view equipment on the site without being a member or logging in?
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Yes. You do not have to be a member to browse, but you must register or log in to communicate with an end-user. |
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Why isn’t the machine tool or accessory I’m looking for listed on BuyPassDealer.com?
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BuyPassDealer.com is a startup company launched in 2005 to change the way end buyers and end sellers buy and sell machine tools and accessories. Over the next several months our inventory of machines tools will expand exponentially as end buyers and end sellers realize this new innovative way to do business. |
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How will I know when someone has listed a machine I am looking for?
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We have created an email response system that will automatically send you an email that a machine you have searched for has just been listed. However this will ONLY work if you have saved your search. |
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How does the process work?
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BuyPassDealer.com has been purposely designed to allow end buyers and end sellers of machine tools and accessories to buy and/or sell machine tools quickly, easily and securely.
BuyPassDealer.com links the end buyer and end seller directly to speed the flow of accurate technical information and the time to close the transaction.
The end seller posts their machine on the site including specifications, pictures and price. End buyers can search the site and quickly identify machines that fit their application and business need. Once a match is found we link the buyer and seller together so the flow of information is direct, accurate and timely. |
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What is the benefit of using BuyPassDealer.com?
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There are many benefits to both buyers and sellers that use the BuyPassDealer.com website.
First BuyPassDealer.com removes the need to use the traditional dealer to either sell or procure a machine. This directly benefits the end buyer by eliminating the traditional 15% - 30% (and sometimes greater) mark-up placed on machines that are sold through dealers and online auctioneers. Additionally, the seller can now realize a greater return on the sale of their machine by obtaining the real market value for their machine and not a penny less.
The goal of BuyPassDealer.com is to provide both end buyer and end seller with the most substantial savings in the industry and providing end user to end user communication. BuyPassDealer.com is also your only source for value added services from the initial contact to the delivery of your machine.
Additional benefits are realized by providing critical time to market for both the end buyer and end seller. Imagine needing a machine; then imagine having a tool that allows you to search for that specific machine and within minutes having all the information you need to make a purchase. Sellers will also be able to move their machine faster than ever before by using tools such as our Advanced Reverse Search to proactively find buyers for their machine. |
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Is the site secure?
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Yes. BuyPassDealer.com has a secure database that keeps your personal information confidential. Please read our Privacy Policy for more specific details. |
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What part does BuyPassDealer.com have in the selling/buying of machines between two parties?
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The first and most important role of BuyPassDealer.com is to create a secure marketplace for you to buy and/or sell your machine tools. BuyPassDealer.com also monitors the flow of data and information between buyer and seller to insure that no unauthorized party is abusing the system. |
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Do I have to sign up or become a member to buy or sell machines on BuyPassDealer.com?
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Yes. All end buyers and end sellers are required to register prior to using this marketplace. It’s free to register and your information is kept confidential in accordance with our Privacy Policy. |
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Is it free to sign up or become a member of BuyPassDealer.com?
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Yes. |
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How does BuyPassDealer.com make money for the service they provide?
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The traditional business model of buying and selling machine tools and accessories has been to procure tools at below market value and sell at an inflated price point. Thus providing no monetary benefit for the end buyer or end seller.
BuyPassDealer.com charges the end buyer 5% of the final selling price of a machine tool or accessory for the use of this secure marketplace and your single source for all your value added resources and services. |
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Does BuyPassDealer.com guaranty the transaction of buying or selling a machine?
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BuyPassDealer.com creates a tool that links the end buyer and end seller together to negotiate the deal direct and bring it to close without the need for a third party. It is the direct responsibility of both the end buyer and end seller to negotiate and honor any contract entered into. BuyPassDealer.com will monitor the flow of information and step in if we feel one party is not conducting themselves ethically or with good standard business practices. |
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How do I contact BuyPassDealer.com?
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We have setup an easy to use contact form that allows anyone to contact us directly regarding any issue. Use the attached link http://www.buypassdealer.com/contacts/ to access the contact form. In addition you can contact us via the following Toll Free number 877-BUY-USER (877-289-8737). |
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Does it cost anything to list or sell my machine on BuyPassDealer.com?
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No. The industry prototype has been ingrained with the buyer always paying the fee. BuyPassDealer.com will continue this trend. |
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How do I post my machine tool or accessory if a selling profile has not been created on the BuyPassDealer.com website?
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E-mail BuyPassDealer.com with a complete detailed description of the machine tool or accessory and BuyPassDealer.com will create one immediately. |
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If I don’t have an account can I use the site to sell machines?
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No. In order to create and operate a credible and secure marketplace, all users of the site are required to register. It’s free to register and your information is kept confidential. |
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How do I create an account to begin using BuyPassDealer.com to sell machines?
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It’s quick, easy and secure. Use the link below to access the registration form and get started using our marketplace as your business tool. http://www.buypassdealer.com/members/signup.asp |
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I have an account, how do I post a machine to sell?
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Log into the site. Under the section My Postings (mid page) select ‘New Post’. You will be brought to a form to describe your machine tool or accessory. There are three parts to the form. The first part is the basic information regarding your machine tool or accessory. The second part allows you to provide more specific technical information regarding your machine tool or accessory. The third and last part allows the end seller to post pictures of their machine tool or accessory to our web site.
The end buyer uses the same criteria to search for a machine tool or accessory as the end seller uses to list their machine tool or accessory for sale. To increase your success of matching an end buyer with your machine tool or accessory provide as much detailed information and photos as possible. |
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Are photos of my machine tool or accessory required?
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No. BuyPassDealer.com does not require a photo, but the addition of a single or several photos (from various angles) will greatly increase the amount of interest for your machine tool or accessory. |
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How do I take photos of my machine?
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BuyPassDealer.com uses digital photographs. We recommend including photo’s showing the entire front along with the left side, right side, and inside of the machine.
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What size photo should be up loaded to the site?
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Any size photo is fine. After up loading your photo or photos, the website will automatically resize the photo for you. |
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I posted my machine to sell. What’s the next step?
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BuyPassDealer.com has created a search vehicle that allows end sellers to proactively search for end buyers with potentially similar buying criteria. This provides the end seller the ability to search for an end buyer without having to wait for the end buyer to locate the end seller. This is called Advanced Reverse Search. |
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Can I update the description of the machine and/or change the price of the machine after it is already posted?
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Yes. You can update the description or photos of your machine tool or accessory at any time. You can also reduce the selling price, however, BuyPassDealer.com requires 24 hours advance notice to do so.
*(Refer to USER AGREEMENT paragraph 1.3 LISTING and SELLING) |
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Does BuyPassDealer.com provide me with the name and contact information of any potential buyers?
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BuyPassDealer.com provides interested end sellers the ability to contact the end buyer directly through e-mail. Once initial contact has been made it is up to the end buyer and end seller, if they choose to share alternative means of communication (i.e. telephone numbers, etc.).
These are authorized communications means but will be continuously monitored by BuyPassDealer.com. |
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Does BuyPassDealer.com facilitate any process within the selling of my machine?
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Yes. BuyPassDealer.com requires both the end buyer and end seller to complete a Completion of Transaction form. The end seller must provide the final sale price of the machine tool or accessory and the ID number to close the transaction. |
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How does BuyPassDealer.com know I sold my machine tool or accessory using their service?
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BuyPassDealer.com monitors the flow of communication between the end buyer and end seller to insure the ethical and use of good standard business practices between both parties. Upon completion of the transaction both end buyer and end seller are required to submit a ‘Completion of Transaction’ form indicating the close of sale. |
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How and who FUNDS End User Seller for their machine tool or accessory?
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End user buyer will make payment directly to end user seller. This form of payment will typically be of certified funds, either bank wire or certified check.
Methods of funding between the end seller and end buyer should be discussed prior to the prep work or disconnect of the machine tool or accessory. The end buyer will also request that once funded, clear title will be provided at this time. If the end seller has a deficiency to be paid to the bank to clear title, the end seller may inform the end buyer that two or more methods of payment may be needed. One or more payments to the lien and or title holders and one to the end seller.
At this time the Finalization of Transaction form and fee are to be completed and processed for BuyPassDealer.com. It is the direct responsibility of both end buyer and end seller to negotiate and honor any contract entered into. BuyPassDealer.com will monitor the flow of information and step in if we feel one party is not conducting themselves in an ethical manner or with acceptable standard business practices. |
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How does BuyPassDealer.com get paid?
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BuyPassDealer.com receives 5% of the final selling price of the machine tool or accessory. This will be paid by the end buyer (purchaser) only.
*(Refer to USER AGREEMENT paragraph 3.1, 3.2 & 3.3 FEES and SERVICES)
Payment in full is required from the end buyer at the same time of funding for the machine tool or accessory as specified within our USER AGREEMENT.
*(This is outlined within the ‘Finalization of Transaction’ form.) |
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Does BuyPassDealer.com need to communicate with me during the selling of a machine? If so what method of communication will they use to contact me (e-mail, telephone, fax, other)?
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No communication is required provided both end buyer and end seller adhere to ethical and good business practices. If communication is required we will do so via e-mail or over the telephone. |
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If I don’t have an account can I use the site to buy machines?
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No. In order to create and operate a credible and secure marketplace, all users of the site are required to register. It’s free to register and your information is kept confidential. |
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How do I create an account to begin using BuyPassDealer.com to buy machines?
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It’s quick, easy and secure. Use the link below to access the registration form and get started using our marketplace as your business tool. http://www.buypassdealer.com/members/signup.asp |
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I have an account, how do I begin to search for machines to buy?
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From our Home Page (http://www.buypassdealer.com/) fill in the search criteria under Buy Machinery (Machine Type, Manufacturer, etc.) and click the SEARCH button. You will be directed to a page that displays all machines that fit your search criteria.
BuyPassDealer.com has been designed to allow you to enter minimal information to see a wide range of machine tools or accessories that will potentially meet your business and application needs, or input more detailed information so your search provides a specific machine tool and/or accessory. |
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I found a machine I want to buy. What’s the next step or what must I do?
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Once you find a machine you want to buy or minimally discuss with the end seller, click on the ‘Contact The Seller’ link at the top of the page. You will be directed to e-mail the end seller of this specific machine tool or accessory. At this point you and the end seller are in direct communication to begin initial discussions to determine if this machine tool or accessory meets your business or application needs.
*(BuyPassDealer.com will monitor the flow of data and information between the two parties to insure that both end buyer and end seller are conducting themselves using ethical and good standard business practices). |
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Does BuyPassDealer.com provide me with the name and contact of the seller?
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BuyPassDealer.com provides interested end buyers the ability to contact the end seller directly through e-mail. Once initial contact has been made it is up to the end buyer and end seller if they choose to share alternative means of communication (i.e. telephone numbers, etc.).
*(These are authorized communications means but will be continuously monitored by BuyPassDealer.com) |
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Does BuyPassDealer.com facilitate any process within the purchasing of my machine?
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Yes. BuyPassDealer.com requires both the end buyer and end seller to complete a Finalization of Transaction form. The end buyer must provide the purchase price of the machine tool or accessory ID number to close the transaction. At this time the end buyer will also be required to provide BuyPassDealer.com with their method of payment. There are several purchase options for your convenience: credit card, bank wire, or electronic check. |
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How does BuyPassDealer.com know I bought a machine using their service?
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BuyPassDealer.com monitors the flow of communication between the end buyer and end seller to insure the ethical and use of good standard business practices between both parties. Upon completion of the transaction both end buyer and end seller are required to submit a "Finalization of Transaction" form indicating the close of sale. |
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How and who do I FUND for the machine tool or accessory?
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End user buyer will make payment directly to end user seller. This form of payment will typically be of certified funds, either bank wire or certified check.
The method of funding should be discussed between the end buyer and end seller prior to prep work and/or disconnect of the machine tool or accessory. Bank wire or certified funding is usually required. The end seller is also aware that clear title must be provided at time of funding. If the end seller has a deficiency to be paid to the bank to clear title, the end seller may inform the end buyer that two or more methods of payment may be needed. BuyPassDealer.com has provided another service for the buyers called Title Search. This link provides a service for UCC and lien searches.
At this time the Finalization of Transaction form and fee are to be completed and processed for BuyPassDealer.com. It is the direct responsibility of both end buyer and end seller to negotiate and honor any contract entered into. BuyPassDealer.com will monitor the flow of information and step in if we feel one party is not conducting themselves in an ethical manner or with acceptable standard business practices.
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How and when does BuyPassDealer.com get paid?
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BuyPassDealer.com receives 5% of the final selling price of the machine tool or accessory. This will be paid by the end buyer (purchaser) only.
Refer to USER AGREEMENT paragraph 3.1 FEES and SERVICES)
Payment in full is required from the end buyer at the same time of funding for the machine tool or accessory as specified within our USER AGREEMENT.
*(This is outlined within the "Finalization of Transaction" form.) |
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Does BuyPassDealer.com need to communicate with me during the buying of a machine? If so what method of communication will they use to contact me (e-mail, telephone, fax, other)?
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No communication is required provided both end buyer and end seller adhere to ethical and good business practices. If communication is required we will do so via e-mail or over the telephone. |
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Can I use the purchase of my machine tool toward the trade-in of a new machine tool?
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Yes. BuyPassDealer.com allows the end seller and end buyer to negotiate the sale of the machine tool while providing third party procurement to execute the transaction.
The third party procurer (new distributor) invoices the end buyer for the negotiated price of the used machine tool and then the end seller for the difference between the price of the new machine tool. |
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How does BuyPassDealer.com get paid?
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BuyPassDealer.com receives 5% of the final selling price of the machine tool or accessory from the end buyer.
*(Refer to USER AGREEMENT paragraph 3.1 FEES and SERVICES) |
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Does the third party procurer (new distributor) pay a fee?
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No. Their responsibility is simply to control the flow of monies and conduct a typical trade-in transaction, which is standard practice when upgrading to a new Machine Tool. |
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What is the Advanced Reverse Search feature?
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Advanced Reverse Search is BuyPassDealer.com's intellectual property that allows end sellers to proactively search for end buyers' specifications and pricing that may match similar criteria and specifications of end sellers' machine tool or accessory.
The Advanced Reverse Search will allow the end seller to find an end buyer that may have a need for their machine tool, however, the price and certain specifications may not fall in line with end buyer's certain specifications or budget. In contrast, the end seller may find an end buyer with similar specifications minus a single feature or different budget that would prohibit your machine tool or accessory from showing up in their search.
The goal of the Advanced Reverse Search is to allow the end seller to find any potential end buyer by providing as much detail or as little detailed specifications as possible. The more detailed criteria inputted in the search, the fewer amount of end buyers will be provided. The less detailed criteria inputted, the more end buyers that will be provided. |
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How will the Advanced Reverse Search benefit me as an end seller?
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Price, control, specifications, and features are traditionally the most important aspect of an end buyer's search.
Additionally, similar criteria and specifications may satisfy the end buyer’s application but were not inputted properly or omitted by the end seller.
This tool also assists end sellers in moving their machine tool or accessory in the event floor space is required for a new machine and the existing machine must be sold quickly. |
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