Best Places to Sell Used CNC Equipment
Whether you have a single piece of CNC machinery or an entire shop, selling used CNC equipment that’s sitting idle can not only help you recoup some of the purcahse price, but can help free up valuable space,
Selling used industrial equipment can be a time-consuming task, especially when you realize the number of places you can sell second-hand equipment has only increased over the years. It can be a tough task trying to figure out whether you should consider selling online or offline, who’s a reputable used industrial equipment dealer and which online marketplace is worth transacting with.
We’ll help save you some time by sharing the top 3 places to sell your used CNC equipment so you can get back to your business operations.
Used Equipment Dealers
Used equipment dealers specialize in buying and selling new and used CNC equipment from a variety of industries. Whether you have an entire machine shop, lab, factory, or warehouse full of equipment you’re looking to sell or have an individual machine you want to get rid of, used equipment dealers not only have years of experience in both valuing and selling used equipment to get you the best price, but also have a large network of contacts in order to reach serious buyers quickly.
Used machinery dealers don’t offer a one size fits all approach. Instead, you’ll find they offer multiple options when it comes to selling your equipment including offering to buy the used CNC machinery directly from you, or options like asset liquidation or an online auction if you have multiple pieces of equipment. Used equipment dealers can also offer online marketplace options such as listing it on their own website as well as eBay to ensure they get your equipment in front of as many eyes as possible. By working with a used equipment dealer, you’ll experience the expanded customer outreach efforts they offer with advertising options like social media ads, and email marketing. This helps to ensure your equipment is marketed specifically to people who are looking for your type of used CNC equipment.
Used CNC equipment brokers handle the marketing, negotiations, and logistics of the sale of your used CNC machinery so you can focus your time on your core business operations. Besides saving you time and effort, used machinery experts will also travel to your shop to not only view the used equipment you’re interested in selling, but to discuss the best way to sell your machinery. When it comes to selling your equipment, factors such as machine type, age, condition, demand, and other factors will help to determine the price of the equipment.
Not sure if a dealer will accept CNC equipment from your industry? While it’s best to always call and double check, CNC equipment brokers accept machinery from aerospace, adhesive and sealant, cannabis, chemical, cosmetic, food and beverage, laboratory, packaging, pharmaceutical, plastics, power generation, and recycling, just to name a few. If you’re looking to get your CNC equipment sold quickly with little work from you, working with a used CNC equipment broker may be the best solution to not only ensure it’s marketed to a wide audience, but to make sure you get the best value for your CNC machinery.
Used CNC Machine Auctions
If you’re interested in offloading multiple pieces of CNC equipment, selling your CNC equipment at auction could be a great option. While a simple Google search will provide you with a list of well-known auction houses, working with an auctioneer who specializes in used CNC equipment will not only ensure you get the highest return on your investment, but will give you confidence the auction will be a success as the auctioneer has experience and knowledge of your equipment. Creating a positive experience for you is important, but it’s just as important to make sure you choose an industrial auction house that creates a positive experience for buyers as well.
With so many auctioneers, it can be hard to figure out where to start, or how to find an auctioneer that you can trust. Doing research can go a long way in finding a reputable industrial auctioneer. Find out what auction services are included when you work with an auction house. Find out their industry experience, knowledge, and past companies they’ve worked with. A reputable auction house should have a good number of past auctions under their belt. It’s just as important to look at upcoming industrial equipment auctions which helps to show consistency as well as popularity. Customer testimonials, auction marketing, and a dedicated team of experts able to support the size and industry of your auction should all be areas that are considered as well.
Selling your CNC equipment at auction takes the work and stress off of your shoulders and allows the auction house to take care of everything from the first phone call to the final payment. A great CNC equipment auctioneer will create a custom plan designed to ensure you get maximum value for your equipment while also achieving maximum exposure for your auction, marketing it to those who are looking for your type of equipment.
eBay Online Marketplace
eBay is a great DIY option for selling your used CNC equipment, but can have its drawbacks if you’re limited on time or are new to the online marketplace. eBay offers a Business & Industrial section where you can buy and sell equipment.
Besides setting up an account to sell your used equipment, you’ll also want to become familiar with listing the actual pieces, selling fees, completing a sale, shipping, returns and refunds, and additional tips. eBay offers a seller help section that addresses all of these areas. In addition to creating listings with photos, videos, machine specifications, and other details to showcase your listing, you can also pay to have your listings promoted, helping it to stand out and increasing the likelihood of a sale.
Unlike selling your used equipment to a dealer or through an auction, with eBay, you do need to keep refunds in mind as customers have up to 45 days to request a refund. Seller reputation is something that eBay takes very seriously, ensuring buyers can not only trust the website as a whole, but the individual sellers as well. If you’ve never sold on eBay before, your reputation is non-existent until purchases are made and feedback is sent by the buyers. This could lead to your used equipment being listed much longer as buyers tend to purchase from sellers with good feedback. While there can be some drawbacks, if you’re not in a rush to sell your used equipment and have the time to set up an account and manage your listings, eBay could be a good option.
If you like the idea of eBay, but not the work involved, look at listing your CNC machinery with a used equipment dealer. Oftentimes, used CNC dealers will not only list equipment for sale on their own website, but also market it on their own established eBay page, ensuring your equipment is marketed to a wider audience.
Choose What Works Best For You
While there are a number of ways to sell CNC equipment you no longer need, there’s no right or wrong way. Choosing what works best will depend on the machine type, industry, and a number of other factors. Whether you choose to sell your CNC machinery online or offline, through an equipment dealer, or at auction, you should be able to find a buyer and make some extra cash in the process.
Do you have used CNC equipment sitting idle? Are you closing down a division or retiring? The experts at Revelation Machinery buy used CNC equipment whether it’s a single machine, a warehouse, or multiple facilities across the country. We’re ready to help get you the maximum value for your used CNC equipment now! Fill out a form or reach out to our CNC equipment experts today!