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Four Expert Tips For Selling Used Industrial Process Equipment

If you have used industrial process equipment that you want to sell, there are several options available to you. Here are four expert tips to help you shift your equipment.

1. Sell to a Used Equipment Dealer

If you are looking for a quick and easy sale, or if you have industrial process equipment that has been gathering dust and taking up space for months, your best option is to sell your equipment to a specialist dealer. When you sell surplus industrial equipment quickly, you can also invest in new equipment or other business areas like marketing much sooner. Furthermore, when you sell to a professional third party, you save a lot of time because you do not have to assess your equipment’s value in a constantly changing marketplace, run credit checks on buyers, or develop and execute a marketing and sales strategy. One of the best options for selling industrial process equipment is via the experienced company Revelation Machinery. When you do so, you are five or six times more likely to sell your equipment than if you attempted to sell the equipment to customers directly.

2. Sell Your Used Equipment Directly to Customers

You could get a better price for your used industrial process equipment when you sell directly to customers rather than a professional dealer. But there is so much additional time and effort involved with selling directly that it often makes financial sense to sell to a dealer. If you do decide to go it alone, you will need to have a thorough understanding of how the equipment works, what it does, and how it needs to be operated, as well as have a record of its maintenance history. Customers will have questions about all of the above, so it is essential you know the specific piece of equipment inside out in order to answer customer questions knowledgeably and accurately. So, before you sell directly to a customer, gather the equipment’s maintenance and service history and know all of the technical specifications. You should also spend time cleaning up the equipment to make it look fresh. It is also a good idea to take a video of the equipment so that potential buyers can view it in detail and see what it is capable of. When you take such steps, you could get top dollar for your used equipment.

3. List Your Used Equipment on Established Online Platforms

In today’s modern world, it is easier to find multiple selling routes than ever before. So, if you want to sell your used equipment directly to customers, consider using platforms like Facebook and eBay. Facebook has groups that are dedicated to the buying and selling of used equipment, and you can use the Facebook Marketplace to sell items in your local area. Similarly, you can sell on eBay under the site’s Business & Industrial section. There are plenty of other sites too, such as Craigslist. It can take longer to sell your equipment via such platforms, but the more platforms you use for selling your used industrial process equipment, the sooner you can speed up the sales process.

4. Consider Trading in Your Used Equipment for New Equipment

Selling is not your only option. You might like to consider trading in your used industrial process equipment. If you want to buy new equipment, trading in is an excellent choice because it basically means you can purchase new machinery cheaper. Just make sure that it makes more financial sense to do that rather than selling your used machinery and then using the funds to help buy your new equipment. Also, one great advantage of trading in equipment is you can avoid having to pay capital gains taxes.


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Four Expert Tips For Selling Used Industrial Process Equipment

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