5 Things to Consider Before Selling Your Used Equipment

It’s tempting to rush into a sale to get rid of your equipment and make money. However, taking the time to consider your equipment and the market will save you time and money down the road. Before you sell your used robot or manufacturing equipment, read our tips on what to do before you make a sale.

Do you know the value of your equipment?

It’s important to know the value of your equipment. When selling large industrial robots or pieces of manufacturing equipment with high price tags, you want to have an official document that clearly shows the value and condition of your equipment so that potential buyers can trust you.

iGAM offers asset appraisal services to help you learn the value of your equipment. With over 35 years of experience, our appraisers can create a personalized document for you to present to potential buyers and make the sale.

Is it in the right conditions to sell?

No one wants to buy something that doesn’t work. That’s why it is important to determine if your robot or equipment is still functioning and useable. You can get your equipment inspected and tested to find out if it is in good condition to sell. You can also consider selling individual used parts if the robot or equipment is no longer functional.

Is the buyer qualified?

You want to make sure that your buyer is qualified to make the purchase. It is best to sell to companies that have the financial means to buy your equipment and avoid having to return the equipment to you. Make sure you research your potential buyers; it’ll save you time, money, and a headache.

Are you able to fix it—and make more money than selling it?

Sometimes, fixing your equipment and putting it back on your production floor is worth your while. If your robot or equipment just needs a repair, you can make more money than selling it by increasing its efficiency and speeding up your production process.

iGAM is partnered with MRO, Inc. to offer expert repair services for industrial robots and manufacturing equipment. Fix your equipment today and save!

Are you getting your money’s worth?

It’s important to make sure you receive the full value of your robot or equipment. No one wants to lose out on a costly transaction, so protect your equipment’s worth.

Using the steps above, you can research your potential buyers to ensure they are qualified to buy your equipment and present a potential buyer with an asset appraisal with the total value of your equipment. Taking these measures will give you an advantage and protect you from a sale that leaves you hanging.

Are you looking for a place to sell your equipment?

iGAM has purchased robots and equipment from hundreds of manufacturing and industrial companies across the globe. If you want to recoup your original investment and increase space in your manufacturing facility, then consider selling with iGAM today.