Three Ways to Sell Your Surplus Equipment

When it’s time to sell your surplus equipment, you have three options:

1. Sell it directly
2. Sell it via an auction
3. Consign it

Each option has its drawbacks, and choosing the wrong approach could cost you thousands—if not millions—of dollars. Let’s explore the pros and cons of each method so you can make an informed decision.

1. Selling Directly: A Costly Gamble

Selling surplus equipment directly may seem like a straightforward approach, but it often leads to significant losses. Most direct sales are to resellers, who typically offer only 10 cents on the dollar, meaning you lose 90% of the equipment’s value.

Beyond financial losses, selling directly can also expose you to potential liability. For instance, one of our clients faced $2.5 million in damages after a piece of equipment they sold caught fire in a lab. When you sell equipment without proper safeguards, you could be held responsible for any issues that arise after the sale.

2. Selling via Auction: A Race to the Bottom

Traditional auctions primarily attract resellers looking for the lowest possible price. As a result, auctions typically sell equipment for 70% below market value.

For example, if your equipment has a market value of $10,000, a traditional auction will likely sell it for just $3,000—a significant loss. While auctions provide a quick sale, they come at the cost of maximizing your return.

3. Consigning with Excess Logic: The Smarter Choice

Unlike auctions or direct sales, Excess Logic sells surplus equipment directly to end-users. This means your equipment is sold at market value rather than at drastically reduced prices.

Here’s how it works:

• If your equipment is worth $10,000, we sell it for $10,000, and you receive $7,000.
• If we sell equipment for $100,000, you receive 80% or $80,000.
• No hidden fees, charges, or storage fees—you keep more of what you earn.

Additionally, unlike traditional auctions or resellers, we also handle the disposal of consumables and unsalable equipment, providing a one-stop solution for all surplus asset management needs.

Maximize Your Returns with Excess Logic

If you’re looking for the most profitable and hassle-free way to sell your surplus equipment, Excess Logic is the answer. Instead of losing money through direct sales or auctions, let us help you get the best return on your assets.

Want to learn more? Let’s set up a quick call to discuss how we can maximize the value of your surplus equipment. Schedule a meeting here.

Don’t leave money on the table—choose the smarter way to sell your surplus equipment with Excess Logic.