"Sometimes hire companies' list ex-hire equipment on their own websites - this can mean hours of searching individual websites to no avail," said Tom Nicholson, Diffusion Group director. "
The site benefits sellers due to the auction format, allowing items to reach higher prices than if they were sold with a fixed price," adds Wain.
To celebrate the launch of the site, Gearsales.com is charging no listing fees, so if an item receives no bids it will not cost the seller a penny, say the company.
(Lee Baldock)