7 Ways To Sell Used Exercise Equipment

Do you have workout equipment at your home that has not been used for a long time? If you are too willing to clear the clutter, the best way to do that would be to sell them. However, it is a daunting task to come across a potential customer who might need the equipment you are willing to sell.

In the age of digital media, things have become a little easier. Many digital platforms help to bridge the gap between buyers and sellers. If you are keen on selling your exercise equipment, you have to post it on a digital platform. The person who needs it will find his way to your product.

You can also post an advertisement in the newspaper and search for potential buyers who might be interested in buying your product. However, selling a product involves a few steps. You cannot charge a random exorbitant price when you are selling used exercise equipment. It is vital to fix a fair price for your fitness equipment depending on its present condition and the depreciation that has happened over time.

This article will give you a thorough guide on how to sell used exercise equipment and get the best deal out of it.

Where To Sell Used Exercise Equipment

Instead of leaving your second-hand exercise equipment lying in one corner of the house and collecting dust, you can simply list it for sale. If you are wondering where to sell gym equipment, here are a few places where you can come across appropriate buyer leads.

• List the product on eBay and choose the “Local pickup only option”
• List the product on Facebook Marketplace
• Connect with people on Facebook Group
• Sell to retailers who accept used exercise equipment.
• Sell at a pawn shop accepting fitness equipment
• Neighborhood garage sale
• Posting an advertisement in the newspaper

These are some places that will help bridge the gap between the buyer and the seller. All you have to do is list your used gym equipment in the most desired platform, put a good description, fix a reasonable price, and you are good to go!

The age of digitization has brought the world to our doorsteps. Given below is a list of 7 places where you can sell your second-hand fitness equipment. The section also enlists the pros and cons that might be associated with it.

List your products on eBay (Local pickup only option)

If you have some home gym equipment that is lying unused in your house, you might consider listing your product on eBay. eBay is a huge platform that connects sellers and buyers.

The “Local Pickup Only” option on eBay will make your task as a seller even easier. If you are selling items that have a massive stature, you can simply opt for the “Local Pickup Only” option. This will impart the idea that you are not responsible for shipping the product. Instead, the buyer has to arrive at your place and pick up the product. This is an ideal option for selling items that may be difficult to ship.

All you have to do is mention your address and pin code in detail, and you are good to go! You can secure the meet and pickup through digital modes.

Tip: It is advisable not to accept payment through modes that take time to clear, such as cheques.

Here are a few items that you can sell through eBay:

• Exercise bikes
• Treadmills
• Recumbent bikes
• Bowflex machines
• Squat rack
• Elliptical Trainer

Have a look at the pros and cons of selling your product on eBay:

Find buyers on “Facebook Marketplace”

In modern times, Facebook has become more than just a platform for socializing. It has also emerged as a “marketplace” where buyers meet sellers.

Using “Facebook Marketplace” is extremely easy to use. All you need to have is a running Facebook account. There are various options available through which you can filter the location of your search and choose if you wish to transact within the boundaries of your locality or beyond that. Every time someone searches for “Used Gym Equipment near me,” your listed item will appear in front of them.

Facebook also offers you the flexibility to customize your post according to your desire. You can write a quirky description and team it up with nicely clicked pictures of your product. This will help to arrest the attention of the buyers. Brownie points? You do not have to pay additional charges if you manage to sell your product, unlike eBay.

Selling via Facebook Marketplace also becomes easier due to the provision for quick communication. All you have to do is browse through the profile of your potential buyer and get in touch with them.

You can sell a whole lot of products on Facebook Marketplace, disregarding the size of the product. Alongside large equipment, you can also post-sale advertisements of small items such as:

• Dumbbell Sets
• Resistance bands
• Yoga mats
• Weights
• Heavy bags

However, there are some pros and cons associated with selling your gym equipment on Facebook marketplace:

Join Facebook Groups

Facebook groups will help you to further narrow down your search for a potential buyer. Groups consist of many like-minded people who have a common interest. If you are into fitness and you are part of a group that deals in fitness, there are high chances that you will sell your gym equipment quickly!

Facebook is a wide platform. There are more than 2.85 billion active Facebook users all across the globe. If you list your item in Facebook groups, the chances are high that at least a couple of people might be interested in your product, and you will be able to sell exercise equipment for a given price.

Another added advantage is that posting your item for sale on a Facebook group is extremely hassle-free. You will only have to click a few pictures, add a description, and post! However, due to the unique privacy settings of some groups, you may have to wait for the admin’s approval.

Selling on Facebook groups is pretty equivalent to Facebook Marketplace. Here you can sell almost every piece of gym equipment disregarding its size, given that you and your buyer are on the same page with regard to price, delivery, etc.

Some of the small equipment you can sell in Facebook groups are:

• Dumbbell Sets
• Resistance bands
• Yoga mats
• Weights
• Heavy bags

Take a look at the pros and cons:

Pawn Shop

It is not the sole purpose of pawnshops to pawn an item in exchange for a temporary loan. Sometimes pawn shops may also directly buy your used gym equipment and pay you money in exchange for that.

However, whether a pawn shop that is run by an individual is willing to buy a particular gym equipment is questionable. It depends solely on the discretion of the owner. Therefore, we cannot vouch that you can definitely sell a used treadmill at a given pawn shop.

These pawn shops buy your gym equipment with the intent of reselling them at a higher amount and gaining profit. Therefore, you are likely to receive less money for your product.

You can send almost all kinds of gym equipment at a pawn shop, including:

• Squat Racks
• Kettlebells, Dumbbell Sets, and Weights
• Bowflex
• Recumbent and Exercise bikes
• Heavy bags
• Resistance bands
• Treadmills
• Yoga mats

However, whether a pawn shop will accept a particular kind of equipment is completely the owner’s decision.

The advantages and disadvantages of selling used exercise equipment at a pawn shop are as follows:

Get in touch with retailers

The availability of this provision depends solely on your geographical area. While some places may not have a franchise that deals in used gym equipment, others may have a huge network. You have to look for a retailer who buys used exercise equipment.

It is ideal for getting in touch with the retailer and understanding the kind of business they conduct. You may be allowed to sell the following:

• Elliptical Trainers
• Heavy Bags
• Kettlebells
• Recumbent bikes
• Resistance Bands
• Treadmills
• Upright Bikes
• Weights
• Yoga Mats

The pros and cons of selling used gym equipment to a local retailer are as follows:

Sell your product at a Garage sale

Are you looking forward to selling used treadmill? A neighborhood garage sale near you will save you all the effort! You will not have to pay any additional amount for transportation or advertising. All you have to do is take your equipment to the sale and meet your potential buyer directly!

You can sell the following at a Garage sale:

• Elliptical Trainers
• Heavy Bags
• Kettlebells
• Recumbent bikes
• Resistance Bands
• Treadmills
• Upright Bikes
• Weights
• Yoga Mats

Let us glance through the list of pros and cons:

Post a Newspaper Advertisement

If you post an advertisement for your used gym equipment in a newspaper, it will automatically gain immense reach among the people. This can either be done via print media or online.

Newspaper advertising is an affordable option. It also allows you to target the audience dwelling in a particular geographic region. If you post your advertisement in a local newspaper, you will be able to connect with all the people within the locality who might be interested in your used equipment.

Some of the used gym equipment for which you can find buyer leads through newspaper advertisements are:

• Exercise bikes
• Treadmills
• Recumbent bikes
• Bowflex machines
• Squat rack

These are heavy pieces of machinery. Transporting them across larger distances may be difficult. Since newspaper advertisements mostly target customers within a geographical boundary, it will be convenient for both the buyers and the sellers.

However, there are some pros and cons associated with selling products through newspaper advertisements.

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How Do I Sell My Used Fitness Equipment?

Selling fitness equipment is not only about finding a potential customer. It takes a lot of time and effort to make sure that you get the best deal out of your used, sold fitness equipment. Here are a few steps that will make your task easier.

List your product on multiple platforms

This is a basic yet very important tip to remember. You will have to list your used gym equipment on as many platforms as possible. This will widen your reach and make your product visible to a larger number of people. This will also increase your scope of negotiation and help you settle for the best deal.

Make sure that your product is in good condition

Your used product should not have any major issues. Even if some parts are missing, try to mention that in the description section of posting it for sale.

Clean it properly

Your product should leave a good first impression on the viewers. Who would like to pay for a piece of ugly-looking gym equipment? Therefore, make sure that the product you are trying to sell is squeaky clean. Disinfect all the parts that come in direct contact with the human skin, such as the handlebars and seat.

Post good pictures

Your sales post should be accompanied by good pictures from different angles. All the pictures should be clicked in proper lighting. This will bring every nitty-gritty detail of your equipment to focus.

Description

Your listing should come with a detailed description. You have to be honest when you craft the description of your product. Mention details about the brand, model, features and specs, and your date of purchase. You may also mention the price you paid for it when you first brought it home.

If there is an underlying issue with your product, try to mention it in the description.

Tips For Selling Used Exercise Equipment

Stated below are a few tips that will help you get the most cash for your used gym equipment.

Understand Fitness Equipment Depreciation

Used gym equipment, or any machinery for that matter, undergo wear and tear over a period of time. They lose their color, their nuts and bolts loosen, the screen stops displaying properly, and many more.

It can be presumed this way that the moment you buy your gym equipment, its value starts depreciating dramatically. Naturally, this results in the possibility of a poor resale value. As a result, the sellers are offered notoriously low amounts for their products.

While you fix the price for your used gym equipment, always try to take the depreciation, that is, the wear and tear that happens over the period of time, into account. This holds true for equipment like treadmills, rowing machines, exercise bikes, etc. 

Know When To Sell

You will have to make sure that the product you are selling is still in working condition. Once your used gym equipment stops working, it will be of no utility to any buyer. Therefore, you will have to know when it is the perfect time to sell the used gym equipment.

Your buyer may also be willing to try your equipment out before paying for it. You can also check the manual and confirm that all the parts are in place.

Apart from that, the concept of demand and supply also comes to play. There are certain times of the year when people are likely to look for certain gym equipment. Therefore, keep an eye on the market trends. This will increase your chances of selling your used gym equipment for the best price.

Prepare Your Equipment For Sale

Your used gym equipment should appear visually appealing. A filthy-looking piece of gym equipment is not likely to attract the attention of the customers. Therefore, try to make sure that the used gym equipment you are trying to sell is in good condition. It should be thoroughly cleaned.

Try to disinfect all the parts that come in contact with the human skin, like the handlebars, seats, etc. If you manage to make it appear squeaky clean, and fresh-smelling, you automatically boost the chances of acquiring your potential customer.

Ask The Right Price

Be very careful about the price that you ask for from your prospective buyer. You cannot charge an exorbitant amount for a used product. Similarly, you need to make sure that you sell the used gym equipment for the least possible value based on the condition of the equipment and taking the depreciation into account. 

Therefore, be careful about the price at which you are selling your product. It should strike the perfect balance between satisfying you and your potential customer.

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Conclusion

These days, people are abstaining from going to the gym. Instead, they are looking for equipment with the help of which they can build their home gyms and train from the comfort of their homes.

Now that you are aware of the whereabouts of selling your used gym equipment, start dusting the dirt off unused equipment and get ready to clear the clutter!