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How to Sell Your CNC Machine

Posted by J. Quentin Murray on Jul 7, 2017 1:00:00 PM
J. Quentin Murray
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So, you've thought it over and decided that the time is right to sell your what? When selling a giant, expensive piece of equipment, it can be difficult to know where to start. While you'll likely be making off pretty well (machines ain't cheap), it can be hard to find a buyer, organize the logistics of rigging and transport, and make sure you're getting the most money you possibly can. Luckily, in the modern age, all of those problems can be covered through an online seller like Machinery Marketing International.

Fill Out a Submission Form

Most online retailers will have some sort of easy form to fill out. For MMI you simply have to submit the specifications of your machine and you will be put in contact with an expert to go over all of your options. From there any questions specific to your individual situation can be answered. Once you have a good understanding of how much your machine is worth, it's time to move on to:

Know Your Options

Not all machine sales are the same. MMI offers many different ways to sell CNC machines, each with their own pros and cons.

Cash Buy

With this option the machine distributor simply buys the machine from you at a flat price. This is obviously by far the quickest option, as it doesn't require waiting around for a buyer. If you just want to get rid of a machine and get an immediate return on it, then this is probably the right option for you.

Online Auction

This is another option for those on a time crunch, with a chance for more money. With online CNC machine auctions, you can set the end date yourself, so if you'd like to get rid of a machine by the time its replacement arrives, that's completely doable, and without necessarily having to settle for a lower price. An auction is a bit of a gamble though, especially if started too close to the date you want to sell. You will definitely want to plan ahead if you plan on auctioning off a piece of equipment. Still, the auction is always a great option and if you're lucky could be your most profitable.

Managed Sale

Absolutely your safest bet for receiving maximum returns on your machine. For the managed sale, you give MMI the specifications of your machine, and one of their experienced sales reps will sell the machine for you in exchange for a small cut of the sale. There is little time guarantee on this one, as you'll get your returns when the machine is sold, but if selling quickly isn't of great concern, then this is definitely the best bang for your buck.

If you want to learn more about selling CNC machinery, check out our free guide:

Download "Selling CNC Machines"

Topics: Used CNC Machines, Selling Machinery