Should You Use a Dealer To Sell Used CNC Machines?

CNC machining is a manufacturing method that uses pre-programmed computer software to control machining tools. This technology can be used to perform a range of complex processes, including grinding, routing, milling, punching, turning, and lathing. But sometimes the contract for a specific job is over, limiting the machine’s usefulness to the shop. If an upgraded machine model is on the way, selling a machine might simply be a question of prioritizing the available floor space. And while an entire shop closure can feel like a much more daunting task, the necessary steps are the same in each case.

When selling a used CNC machine, many factors decide the price. To ensure you get the best price for your used equipment, it is important to consider appropriate valuation techniques. While most businesses resort to traditional ways like browsing through listings such as eBay and calling used equipment dealers, these methods have their limitations. They might not fetch the best price for your valuable business assets. When selling such a piece of giant, expensive equipment, it might become difficult to know where to start. Though there are high chances you get a good price for your used CNC machine, it can take some time to find the right buyer, determine the functionality and fair price for your used CNC machine, arrange for the logistics to transport the machine, and get paid. You want to make sure you get as much money as possible and sell your used CNC machine fast. Organizing yourself to sell the machine means a lot of time and energy.

While it may be tempting to strike out on your own, using a 3rd party dealer is still the best option for most machinists looking to sell. There are so many machine dealers who are looking for old, efficient CNC machines for stocks. They pay good prices for 5 to 10 year old machines as they appeal to foreign markets. To sell your machine with this approach, you should contact at least three dealers in different geographic locations. The advantage of this method is a quick payment with clean delivery arranged by the dealer. The disadvantage is that the price includes the dealer’s profit. The main reason people work with used machine dealers to sell their tools is because of the immense amount of time saved by doing so. If you want to, you can sell a machine right away for an upfront price provided by the company, and instantly have it off your hands. The other main draw of dealers is the reach of their network and sales skills. This raises your chance of finding a buyer that is willing to pay more for your machine than you could get in selling through eBay or Craigslist. Another reason is that the often overlooked benefit of selling through a dealer is easing the logistics of delivery. A dealership can point you in the direction of quality riggers and transportation companies. Ultimately your choice is going to be about profit, and while it may not seem so at a glance, you’re almost certainly saving money by using a seller.

If you’re looking for a knowledgeable CNC machine dealer, contact the team at S&M Machinery Sales today and we’ll help you sell your used CNC equipment. We welcome the opportunity to bid on your surplus machine tools!

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      Section 179 Deduction Calculator

      This Section 179 Deduction Calculator can help you decide whether or not to purchase or lease equipment in the current tax year!

      Find out More
      S&M Machinery Financing Partner

      S&M Machinery partners with Complete Capital Services for all your machinery financing needs. Visit them to find out more:

      Get Financed Today