9 Ways to Sell Surplus Equipment Online


Published On October 17, 2022

Did you know that the used and re-conditioned machinery market experiences increased demands due to the rise of online auctions?

Did you know that the used and re-conditioned machinery market experiences increased demands due to the rise of online auctions?

You have some extra equipment lying around and you're not sure what to do with it.

You could try to sell it through classified ads, but that can be a pain. It's hard to get people to see your ad, and even harder to get them to contact you about buying your equipment.

Selling surplus equipment online is the solution for you. Keep reading for 9 easy ways to sell surplus equipment online.
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1. Sell on an Online Marketplace

If you have surplus equipment that you no longer need, there are many online marketplaces that you can use to list and sell the items. eBay is a popular option for buyers and sellers worldwide, and it offers a wide range of features to help you manage your listings.

Amazon is another well-known option, and it offers several advantages for sellers, including access to a large customer base and integration with other Amazon services. Alibaba is a popular choice for businesses selling to international customers, and it offers a range of features to help you manage your sales.

Whatever marketplace you choose, read the terms and conditions carefully before listing any items for sale.

2. Sell on an Online Auction Site

AuctionZip is an online marketplace that specializes in live auctions. If you have equipment that you would like to sell, you can create a listing on the site and set a minimum bid price. Potential buyers will then be able to view your listing and place bids.

The AuctionZip team will also promote your listing to their large database of registered users. If your equipment receives a sufficient number of bids, it will be sold to the highest bidder. Another option for selling surplus equipment is Bid4assets.

This site is similar to AuctionZip, but it focuses on online auctions only. You can create a listing and set a minimum bid price, and potential buyers will be able to view your listing and place bids. The key difference is that all bidding on Bid4assets takes place online, so there is no need to coordinate with an auctioneer.

This makes the selling process easier and more convenient. If you have surplus equipment that you would like to sell, consider using an online auction site such as AuctionZip or Bid4assets.

3. Sell Directly to a Buyer

One option is to sell through an online classifieds site such as Craigslist or Kijiji. This can be a quick and easy way to reach a large number of potential buyers, but it's important to be aware of the risks involved in meeting strangers for transactions.

Another option is to work with a local consignment shop or pawnbroker. This can take a bit more time, but it can also give you more peace of mind knowing that a professional is handling the sale. Ultimately, the best option for selling surplus equipment will vary depending on your circumstances.

4. Use a Consignment Service

For those who are looking to sell their equipment but are not comfortable doing so themselves, a consignment service may be the ideal solution. With this option, the consignment service will list and sell the gear on behalf of the owner and will take a commission from the final sale price.

In most cases, consignment services will only accept gear that is in good condition, meaning that it is still structurally sound and does not have any major cosmetic damage.

5. Sell to a Scrap Dealer

Most people don't think about what to do with their old, broken, or surplus equipment. But if you have metal equipment that you're looking to get rid of, you might be able to make some money by selling it to a scrap dealer.

Scrap dealers will pay you based on the weight and type of metal in your equipment, so it's a good way to get rid of unwanted items and make a little extra money. Just be sure to check with multiple dealers to get the best price for your scrap metal.

6. Donate It to a Charity

Getting rid of old or surplus equipment can be tricky. If you're not using it and it's just taking up space, you may want to consider donating it to charity. This is a great way to get a tax deduction and clear out some clutter, and you'll be helping out a good cause.

Many charities accept donations of all kinds of equipment, so do some research to find one that would be a good fit for your donation. You'll feel good knowing that your unwanted equipment is going to help someone in need.

7. Give It Away for Free

If you don't want to sell or donate your surplus equipment, you can always give it away for free. There are many websites and online communities where you can find people who are looking for free stuff.

8. Recycle It

Recycling is a great way to get rid of surplus equipment. Not only does it help to preserve our natural resources, but it also reduces pollution and saves energy.

Recycling centers accept a variety of items, from paper and plastic to metals and electronics. And many companies will even pick up recyclables from your home or office.

9. Raffle It Off

Finally, you could raffle off your surplus equipment to raise money for a good cause. This is a great option if you have a lot of equipment that you want to get rid of but are struggling when selling online.

Sell Surplus Equipment Online With Fuelled

The information above should help you understand how to sell surplus equipment online. However, if your equipment is in good condition, there may be other ways to repurpose them.

If you're looking at buying or selling equipment online, check out our equipment listings. And if you need some more information, feel free to contact us today.