Machine shop auctions offer a treasure trove of equipment, tools, and machinery for savvy buyers. Before diving in, research the items you need, set a budget, and inspect items thoroughly. Understand auction rules, fees, and payment methods. Attend previews to assess quality and condition. Strategize your bidding, staying disciplined and avoiding overbidding. Factor in transportation and potential refurbishing costs. With preparation and patience, you can snag valuable assets at a fraction of retail prices.