Gyms gain name and fame when they have excellent fitness equipment and a good trainer who knows their clients’ pulse.
As they grow, some gyms switch over to updated and latest fitness machines.
But some others close down the business due to losses incurred.
What do these gyms do with their old equipment in such cases? Most gyms either sell out their old equipment to smaller gyms or even sell it to individual clients who might profit from purchasing them—They could do either of them.
Who Picks the Used Gym Equipment?
Believe me or not, there is a constant demand for old equipment as they are valued cheaper comparatively.
Who picks the used gym equipment in most cases? Small gyms face ample money crunches and would love to pick up any used gym equipment in working condition. Even individual users are interested in such equipment as they get to choose from various options and purchase more products at a lesser price.
Sometimes, the owner auctions the products selling to the highest bidding small gym or even sell it to individual users at a lower price if they had been a regular to the gym and close contact with the owner.
Our body’s only concern is to become healthy and achieve fitness, which is possible by exercising regularly and eating a well-balanced diet.
In no way does it care whether the equipment and machines we use to exercise are old or new.
However, the machine might be, the output is dependent only on your resistance levels, and efforts are taken.
Hence, it is beneficial to buy equipment from gyms when you know that it is in good working condition.
Do Gyms Buy Used Equipment?
Smaller gyms thrive on word of mouth reviews and recommendations. They also run on a tight budget, and hence, most of them buy used equipment from bigger gyms when there is an opportunity to do so.
Gyms are commercial places that run well, depending on their performance and customer satisfaction.
Having various equipment and a good trainer helps individuals excel in their efforts irrespective of whether the machines are brand new or too old.
The old equipment mostly works well and remains durable.
The primary problem with them is that they look worn out and suffer from dents or peeled paints that give them an old look.
Giving excellent touch-up works and getting it ready to look as good as new should work advantageous for these smaller gyms.
Where to Buy Old Equipment?
Once you’ve made up your mind to buy old equipment after analyzing the pros and cons thoroughly, you are now in a dilemma on how to go about choosing the right place to buy the old equipment.
But where can you buy old equipment? There are dealers in fitness equipment who could guide you to the best vendor who puts old products for resale, or there are also some dealers who directly purchase fitness equipment from gyms and sell it. Reputed big gyms sell their old equipment directly to vendors from whom you could make your deal too.
Nowadays, online purchasing has become the trend, and there are buying or selling sites that deal with both old and new products.
You could buy old equipment from the web as this also could come with a guarantee for the product.
You can expect everything right from barbells, weights, and squat racks to treadmills and ellipticals to be sold online.
5 Tips to Buy Used Equipment from Gyms
You have decided upon buying old equipment to set up your home gym (this saves ample time and money which would otherwise be wasted on gym memberships).
But the main problem now is to know the difference between good/bad gym equipment and make the right decision.
Given here are five main tips that would be handy when you buy used equipment from the gym.
- Understand the major difference between the three basic conditions in which gym equipment could be sold
- Get to know the details and become popular with the various equipment brands, features that each of them offers, and different popular machines with buyers.
- Have specifications in mind and set a budget for the purchase
- Realize that purchasing used gym equipment helps you save ample money and time
- Be sure that the dealer/individual you are dealing with and making offers on the machines is reliable and trustworthy.
Now, let’s look into each of the five tips in detail to understand them better.
1. Understand the major difference between the three basic conditions in which gym equipment could be sold
Used gym equipment could belong to any of the three categories as-is (working condition), serviced and cleaned, and remanufactured, each of which bears different pricing.
Of the three, buying old equipment in the ‘as-is’ condition is the cheapest as you buy the machine without any added expenses.
But this is also possible only when all that you want is a piece of simple equipment that helps you stay healthy without any fuss.
If you are particular about certain features and would like to have something much better, it is better to buy a serviced and cleaned product.
Too much usage can bring about wear and tear of the equipment (or certain parts in the equipment), and servicing the product prevents any mishaps or failures, thereby promising longevity.
But, if you would like to add a machine that looks as good as new, it is better to get it ‘remanufactured.’
This means that every part of the machine, right from inside parts to the outside look, is redone to bring about a new look.
But, indeed, the look and feel of the machine differ depending on the job done.
2. Get to know the details and become popular with the various equipment brands, features that each of them offers, and different popular machines with buyers.
You might be a beginner trainer who is unfamiliar with exercise equipment but only sure of one thing—fitness and health are guaranteed when you exercise regularly.
So, you might be on the lookout for exercise equipment that could do you good.
In such cases, you must become aware of the various equipment such as treadmills, ellipticals, rowers, and other strength-training machines available in the market that could help with your exercising needs.
Now that you know the different machines, it becomes necessary to understand and know different features that would help you pick the right equipment for your use.
For instance, cardio equipment comes with standard features such as variable resistance levels, intensity levels, incline capabilities, heart rate monitoring, and monitor consoles, which help you decide/reject equipment.
Such specifications could be of great aid when you are picking ‘as-is’ equipment—you can get a checklist of basic items and functional and working features.
Knowing various brands that sell these products and understanding the top brands in the fitness industry could give a fair idea of whether buying the used equipment of the brand is worth the money’s buy.
3. Have specifications in mind and set a budget for the purchase
So, now that you are familiar with the different machines available for working out various parts of your body and also the features offered by all of them, it becomes ideal that you list down your needs from the machine that you have decided to buy.
Then, set a clear budget in mind and a reasonable one that could fetch a machine that fits all your needs.
When both budget and specifications are set, it now becomes easy to narrow down your choices and focus on making the final decision.
4. Realize that purchasing used gym equipment helps you save ample money and time
Buying a piece of new gym equipment is not a joke, as it could incur additional expenses that debilitate your budget for the month.
You would be required to spend ample money buying a good-quality machine that functions well and offers various additional features and accessories.
On the other hand, we are always hesitant to go for old products as they have been used for a long time and subjected to wear and tear, which could affect the equipment’s functioning.
But choosing good equipment from a reputed buyer who guarantees the good working condition of the old gym equipment could help you save a tremendous amount of money that could be diverted into anything else of your choice.
Even if you decide on remanufacturing the equipment, the final costs you incur after all the touch-ups, and part replacements still benefit your pocket, saving huge sums.
5. Be sure that the dealer/individual you are making offers on the machines is reliable and trustworthy.
You know what the best equipment that should be included in your home gym is. You have come up with the list of specifications and functionalities that this equipment must offer, the final price you are willing to pay for the equipment has been fixed.
And above all, you are 100% sure that you have no second thinking about buying old gym equipment.
Now all that’s left is to approach the right seller, which is easier said than done as numerous individuals and companies in the market do business selling used gym equipment.
Purchasing a used gym machine too incurs optimal costs, and hence, your investment must reap benefits, and there is a definite guarantee that the equipment would last long as assured.
Firstly, make sure that a dealer is a reliable person who has good customer feedback and is reliable.
Secondly, it is better to test the equipment for yourself before finalizing it.
Thirdly, if you choose to get it remanufactured or ‘serviced and cleaned,’ it would be better if you are present when the dealer/concerned person changes fittings, cleans the machine, gives touch-ups, and doesn’t hesitate to walk you through each process involved.
The refurbishing that goes into the old equipment with your own eyes gives you confidence and encouragement that the product would be durable and function smoothly.
Where Can I Sell My Own Used Equipment?
Many of us set up home gyms and, in due course, might be shifting to some other city or country which calls for selling the equipment immediately.
Otherwise, you could even sell equipment as you are upgrading to a better version.
So, when you are ready to sell home gym products, it is always better to sell them on the web. There are also possibilities that you could approach smaller gyms and offer your final price on your equipment.
Selling on the web helps you get directly in touch with the buyer, which helps you negotiate the terms and final price without miscommunication.
Selling to smaller gyms could be tricky sometimes as they test your product many times before closing the buy and could even negotiate more closely on the final purchase amount.
We live in a world where meeting our daily expenses and surviving through everyday life is on a tight budget.
Every penny saved is worth the efforts taken as it’s our hard-earned money that’s going for a toss otherwise.
Hence, there is no harm in buying old gym equipment as long as you are sure that it is in good working condition and would function smoothly.
Gyms sell off their old equipment either when they are closing or upgrading, both of which are good deals to the buyer, especially when the gym is a popular one that’s known for maintaining their equipment in tip-top condition.
So, if you are a small gym trying to buy old equipment or a personal investor looking for a good machine to invest in your home gym, you can always buy old equipment as long as you follow the five tips given above.
This way, you can ensure a good purchase that assures quality.
- Sell Used Gym Equipment: How, Where, and When? [Tips Provided]
- How to Buy Used Gym Equipment: 6 Simple Steps & 4 Helpful Tips