Buying equipment brand new can be very expensive. For example, if you want to buy a generator, you’ll end up spending approximately $800 or more. You’re probably wondering if there’s anything you can do with your old one to make some money while not having to spend so much at once. Well, I’m going to tell you the things you need to do now to make some money with it.
How To Sell Your Generator
There are many things to consider when selling used generators. Always make sure everything is in working condition before you sell it off.
Make Sure Your Backup Power Generator Is In Good Condition
Since you want someone to pay for your generator, you’ll want to make sure it’s in good condition. It’s not worth the money you’ll receive if your generator is broken down. Make sure it’s in working condition, and that it runs well. The total running time on your backup diesel generator is always a factor, so most buyers want to purchase equipment with low hours.
Check The Price Of New Generators
Check online to see how much brand-new generators cost. This is a good starting point to consider how much your old one will sell for. You’ll want to make sure this is not too much, as you don’t want to lose money selling it. If the cost of new ones are not too much, then consider listing your old one for a similar amount.
This is also a good time to consider the kind of power generators on the market. Are you trying to sell a portable or standby generator? Does it run on natural gas, propane gas or diesel fuel? How many appliances can it power at once? Is it good for industrial or commercial use? How many hours can it provide electric supply during a power outage? These are all the factors that affect how much your home or business power generator is worth.
Consider Offering Your Power Generator As A Package
If you want to sell your machine, offering it as a whole is the best way. You’ll have more options as you can sell it with a regular warranty and all the things that come along with it. For example, you can have it “whole” and sell it with a new engine, other equipment, or fuel so you won’t lose money.
How To Sell Your Generator
The process of selling your old generator depends on the model. You’ll want to contact the manufacturer’s customer service department to find out how you can sell your used generator.
Posting certain brands of generator on eBay is one of the easiest ways and it’s because of how easy it is to use this online marketplace. You have many options too if you’re looking to sell an item online using a website such as eBay and Amazon. You’ll want to take note of how you can sell your old machine using these websites too.
Another way to do this is to get in touch with a generator removal and liquidation company who will purchase used generators.
Choosing The Right Generator To Replace The One In Your Home
Honda makes the most reliable generators, with one caveat. If you’re a fan of Honda products, no argument there. If you’re looking for the most powerful generator on the market, though, keep searching. I’m not saying Honda doesn’t make strong generators. Just don’t let their stats confuse you. The EF2400 is a 2400 watt generator that’s portable and definitely serviceable in your home—but it’s not necessarily the best.
In conclusion, it all depends on what you need. Consider the kind of equipment or appliances you need it to provide electrical power for and what industry it can be used in.