Benefits Of Selling Used Equipment
It is common for an inventory of idle manufacturing equipment to accumulate for various reasons, including investment in updated equipment or adjustments to manufacturing lines due to a change in goods manufactured. However, there are several benefits to selling your new, idle, surplus, or used equipment.
Recover Capital
Turn idle assets into working capital
Free Up Storage & Expand Productive Space on Your Production Floor
Selling used processing equipment frees up storage space and reduces storage costs. Also, unused equipment often takes up production floor space reducing productivity.
Eliminate Unused Equipment Maintenance Costs
Even unused industrial equipment must be maintained correctly to ensure its viability. By selling surplus manufacturing equipment, you can eliminate that maintenance cost and allocate it to active assets on your manufacturing floor.
Support Sustainable Manufacturing
Redeploying equipment within your organization or selling unneeded equipment to other manufacturers contributes to sustainability and zero-carbon objectives. Procuring used equipment whenever possible also contributes to sustainable manufacturing. All of these activities are key components of the circular economy.
Selling Used Industrial Equipment – Federal Equipment Company's Solutions
Federal Equipment Company leverages a menu of approaches as we work with clients to secure maximum value for their used equipment. Depending on the specifics of your used equipment inventory and your timeframe, we will use tactics, including:
Outright Purchase
Federal Equipment Company purchases the equipment upfront, in full.
Used Equipment Auctions
Auctions are public sales in which your used equipment is sold to the highest bidder.
Used Equipment Liquidations
Typically include a larger lot of equipment than an auction; liquidations are a public sale in which the equipment is sold to the highest bidder.
Consignment Sales
Federal Equipment will sometimes orchestrate consignment sales in which the equipment seller and Federal Equipment Company split the profits of a sale according to predetermined terms.
