February 29, 2020 - Equipment and Tools
Treadmills take up a lot of space and sometimes they just don’t have a place in our workout routines anymore. We understand. Maybe you have had this laying around for a while since you upgraded to your new treadmill.
Whatever the case may be, we give you the rundown on how to sell a used treadmill for cash in hand. The process is actually pretty easy. Keep reading for a step-by-step approach to selling your used treadmill, including the necessary preparation steps you need to take to ensure you’re selling your treadmill for the highest price.
Unless you’re an expert on gym equipment, it might be tough for you estimate how much your used treadmill is now worth just by knowing the age, brand and condition. With new gym equipment flooding the marketing on a continuous basis, this makes pricing all the more difficult.
Our advice? Compare pricing for your treadmill online.
To keep things simple and get the most cash possible, it is best to find out what the “in-the-know” buyers are willing to pay for your used treadmill. The alternative is to try to sell it to random people who don’t actually know the full value of what your treadmill is worth. You leave yourself vulnerable to low-ballers who are either intentionally or non-intentionally giving you too little cash for your treadmill.
To avoid this, we highly suggest listing your item first for price comparison without obligation to sell it if an offer doesn’t appeal to you. The best place to do this is PawnGuru.
Why? At PawnGuru, we give you a free platform to list your treadmill for all local pawn shops in your area to bid on. The pawnbrokers working at pawn shops are highly trained and knowledgeable about what items should be priced at. You can even get offers from certain pawn shops that are extra specialized in buying and selling gym equipment.
We’ll go more into PawnGuru and the selling process later in this post, but first, let’s talk cleanliness.
This might seem like a trivial point, but cleaning your treadmill prior to selling it can actually help you get a higher appraisal. It goes without saying this is a common courtesy for the buyer, too.
Regardless, you will make a better impression on the seller if you present shiny and clean gym equipment versus dusty equipment with fingerprints and sweat.
Use disinfectant cloths to wipe down your treadmill all over. Pay special attention to the buttons and screen if your treadmill has one. If your treadmill has water bottle holders, make sure you clean those out. Those have a tendency to accumulate crumbs and dirt for those who store their post-workout snacks in there.
Use a broom on the belt to brush off the dirt. Then, if there are any markings, use a damp towel to scrub those clean. For tight crevices, a compressed air duster is helpful.
Do you still have the manual for your treadmill? Include it as part of the entire package when you sell it. The same goes for any accessories and cords that originally came with your treadmill. Having the most complete set possible will increase the perceived value of your treadmill.
1. Create a free listing for your treadmill on PawnGuru
2. Watch offers roll in from local pawn shops
3. Accept the highest offer
4. Bring your treadmill to the pawn shop
5. Get cash in hand that day
David Stiebel is one of the cofounders of PawnGuru. David was educated at MIT, where he studied Math. He subsequently worked at Bain as a data scientist before starting PawnGuru in 2015. He started PawnGuru to build a better tool for pawn shops and consumers to connect.More Articles