Whether your company uses plasma cutters or lathes, CNC machinery simplifies the manufacturing process in every conceivable way. There comes a time in the lifespan of every business, though, when certain equipment is no longer needed. If you’ve reached this point, you’re probably asking yourself “How can I sell my CNC machine?’”
Fortunately, the process is pretty straightforward. Whether you’re downsizing and need more cash on hand or upsizing and purchasing new equipment, the following steps will show you how to sell CNC machines without giving yourself a headache. In a world where machinery auctions had to adapt to the COVID-19 pandemic, this is easier than ever before.
1. Be Honest About the Condition
To ensure you get a truly fair price on your CNC machinery, you must first determine its condition. This might not be difficult if you’re still using the equipment, but what if you’re asking “how can I sell my CNC machine” because you’re concerned it’s been sitting around too long? In either of these situations, it may benefit you to bring in a professional inspector.
2. Document Everything Exhaustively
In a perfect world, a sales post could simply say “Wysong 90 TON Press Brake” and everyone would know exactly what they’re getting. When selling used machinery, though, there are nonstandard features and potential defects to consider. Noting these is the only way to ensure a fair transaction for both you and the buyer.
Anyone who has ever learned how to sell CNC machines successfully also knows the importance of maintenance documentation. A five-year-old piece of equipment that was serviced six months ago, for instance, will appeal to far more buyers than a five-year-old piece of equipment with no maintenance documentation at all.
3. Prep Your CNC Machine for a Higher Sales Price
Questions of how to sell equipment will always lead to questions of “how can I sell my CNC machine for the highest price possible?” A quick and easy answer is to clean it like you’ve never cleaned it before. Use industrial-strength solutions in every nook and cranny and every surface. Degreasers, mirror glaze compounds, and metal polishing cream will get the job done.
This may seem tedious and over-the-top for a machine that will get dirty again within a week of use. Take a moment to ask yourself, though, whether you’d pay more for equipment that looks well cared for. We’re going to guess your response to this question is “definitely.”
4. Take Great Photos and Videos
What’s the answer to “How can I sell my CNC machine?” without pristine imagery? The answer is “you can’t.” After all, why else did you take the time to get your equipment cleaned up and looking beautiful?
Don’t rush this process. Take several well-lit images from every angle you can think of. Recording a video of the machine in action can also go a long way in attracting potential buyers.
5. Place Your Equipment on the Market
All that’s left in selling your CNC machine is placing it on the market. You can list it online at a flat price, pay for a managed sale, or learn how to register for machinery auctions. Fortunately, the latter option isn’t difficult. You’ll likely save money over a managed sale, and while it may take longer than a flat price offering, your return on investment will improve.
IRS Auction is a Texas-based company with more than 40 years of experience, so if you’re still asking “how can I sell my CNC machine,” we believe we’re the right answer. Let our CNC machine auctioneers show you how it’s done!
Now You Know How to Sell CNC Machines
Selling CNC machinery doesn’t have to be a hassle, and now you know the simple steps to ensure it isn’t. We gear each of these actions toward helping you sell equipment faster and for more money. To ensure you get the most bang for your buck, take a look at our CNC machine auctions.
Getting your equipment ready to sell is the simple part, but it’s understandable if you still have questions.
Click here to speak with a CNC Machine Auction Expert today. You can finally stop asking “How can I sell my CNC machine?” and start asking “What’s the best way to invest this new influx of revenue?”