Our Company

Damside Ltd is a company dedicated to remarketing repossessed machines from banks, Credit Unions, financial institutions or the government.

With over 16 years in the market, we are highly specialized in this field. Our main priority is to insure the fair market value of each unit based on an honest evaluation.

im-machinery.co.uk is our online retail facility. This website is open in order to offer to the public a 24/7 service. All units listed for sale on our website have passed an inspection. All buyers are strongly encouraged to shop around and compare similar machiness so that you truly understand the "Outstanding Value" of our lot. For added peace of mind, we have a fast and secure payment system. Our qualified staff will assist you in finding the right vehicle for you, depending on your preference and budget.

What is a repossessed machine ?

A large number of people or companies have either had their machines repossessed or have voluntarily turned them in to their lenders. What's more, it is likely there are many more repos in the pipeline.

Contrary to popular opinion, repossessed machines sold through repo auctions are not damaged nor are they old. The term repossessed in repo auctions is being used to mean that the machines have been taken over by the government or by a financial company from those who have problems meeting their financial obligations. They are not, therefore, sold, simply because their owners have found them no longer road worthy. Because of this, the high quality in repossessed machines is almost always 100% guaranteed.

The financial institutions are organizing auctions in order to sell the vehicles/machines. These kinds of offers are hard-to-find. Usually the machines are being sold in large lots and for this reason, most of the winning bidders are dealerships. Because of this, many of this repossessed machines end up at the dealerships.

In order to sell the machines to the public, the dealers are organizing other auctions. On these auctions, the dealers are selling the machines to private buyers, for bigger price, of course.

Our competitive advantage

When going to repo auctions, it may be necessary to find out how the auctions are being conducted. One truth in repo auctions is that you can never tell as to how much your machine will be sold at. Especially if there is another person in the room who is also in love with the same item, but that he or she has a lot more money than you do, he or she can considerably outbid you.

Damside Ltd does it for you, SO YOU DON'T HAVE TO SEARCH FOR AUCTIONS AND BE OUTBID IN THE LAST MOMENT. We buy the machines and then offer them for sale like a normal dealership does. We don’t buy a machine,we buy hundreds and NO PRIVATE BUYER CAN GET THE PRICE WE GET AT AN AUCTION. Anyway, few dealerships can compete with our prices.

We make the difference because while other companies are only offering information about the repo machines auctions, we actually have the machines for sale. No more hassle, no more expensive fees, no more search for auctions and never know what you are going to get. We do this work for you.

WE HAVE NO REGISTRATION FEES, NO PURCHASING FEES, NO SHIPPING FEES. IF YOU DECIDE TO BUY A CAR FROM OUR WEBSITE, YOU WILL HAVE IT AT YOUR DOOR IN MAX 5 BUSINESS DAYS.

The sale price of each unit is based on the price we paid at the auction, regardless of the balance owed to the financial institution. THE PRICES LISTED ON OUR WEBSITE ARE FINAL AND HAVE NO OTHER HIDDEN OR ADDITIONAL COSTS. ALL THE MACHINES ARE COMING WITH A CLEAR HPI. All documentation will be completed by our company so there is no concern of error.

Our business is concentrated on profit from quantity (not high prices) and fast capital movement. That’s why we prefer to sell a great number of machines and to obtain low profit margins per sold unit instead of selling a limited number of machines at very high prices. At the end, the selling price of our machines stays low, without affecting our general profit. In this way, we keep our customers satisfied and we also obtain a good profit. It is a win/win situation.

• All machines are sold with no sales tax since they are repossessions.
• All inventory moves rather quickly. The inventory available today may be sold tomorrow.
• All our prices include VAT.
• A VAT invoice will be provided for every sale.