(Newswire.net — June 20, 2019) — Surely many times we have asked ourselves, how much is my boiler? And my jigsaw? How much would you give me for my miter machine Virutex, or for that drill Black & Decker that almost no longer use? In short, how much money could you sell those second-hand machineries that you no longer use?
In this article, you will find a series of tips that will help you get more money when selling your second-hand tools.
Tricks and Tips to Get More Money for Your Second Hand
Whenever we go to sell a used or second-hand product, we must be realistic. That is a rule of thumb. If you refuse to take that into consideration, you may be selling your machinery later than expected. You need to take as a reference what that same new product costs today. If it was not already for sale, you would choose a model with similar characteristics.
Example: Imagine that 5 years ago you bought a chainsaw ‘x’ for $1500 but currently the same chainsaw ‘x’ now cost $800. At the time of selling second-hand, we should take as a reference the price of $800 and not the one that really cost us.
How Much Money Can I Ask for My Used Machinery?
Well, what is evident is that in the previous case, we will have to ask for less than $800 if you really want to sell your tool. The time of use also determines how much you ask for a particular tool. You can ask the same price on machinery that has only used one month compared to if it is 7 years old already.
Nor will it be the same if we sell it directly to someone (end customer) or sell it to an intermediary company such as in industrial auctions.
Once you have determined the sale price of your second-hand tools, you can use the internet to check if your price is within the range that we could call “reasonable”.
The year of manufacture of the tool, the general state of use, whether it is damaged or not are all factors that affect the sale price. The mark of the tool and if it is for professional use or for DIY will also affect. We will have to take all these things into account.
Another aspect to take into account is the supply and demand that there is in the market for the used machinery that we are going to sell.
Anyway, there are a series of actions that you can carry out to sell your tools for more money:
- Check that everything works perfectly. When making the sale of the tools, the buyer will check its operation. These must work properly and everything must be in good condition.
- Research the market value of the machinery you are trying to sell. If you have the model, make, serial number and documentation of the item you want to sell, it is good to get some idea of what it currently worth on the market. You can get that by quickly doing a little internet search or consulting an expert. You also need to be sure of the day it was manufactured.
- Never cheat. Always be honest and give all the relevant information to the buyer. Offering confidence and credibility is the best investment.
- Original box. If you have the original box, you must add it to the tool. It will always be an added value and will improve the presence of the machine.
- Check to be sure the cables are in good condition. Everything must be in optimal conditions. If the plug is broken, it is worth changing it for a new one. It substantially improves the image of the whole.
- Completely clean tool. It may seem silly, but perhaps it is one of the most important aspects. A clean tool without any traces of grease will make you get more money for them.
- Take photographs. Take photographs of your item and prepare a detailed description of it and the condition it is in.
- Accessories and others. If you have accessories for the tool you want to sell, do not hesitate to deliver them next to the machine. It will help you increase the sales price of your second-hand machinery a little.
- Approach companies that may be interested. Walk up to companies you think will have an interest in buying your used machinery directly. And now that you have the details and particulars of the machinery, you can consider sending pictures to potential buyers too.
Place an advert on retail websites or industry publications.