February 06, 2020 - Equipment and Tools
If you’re unfamiliar with PawnGuru, we are a free online platform for selling your used possessions to pawn shops in your area and getting the best offer possible. We’ve seen a wide variety of items sold through PawnGuru, and this includes gym equipment. So you’re in luck!
Whether you want to learn how to sell a used recumbent bike, a used elliptical or a used treadmill, we will be your new favorite resource for selling off old possessions.
Read below to learn how to sell used gym equipment in the easiest way possible and for the most money possible.
The first challenge with selling your used gym equipment on Craigslist is you might be dealing with someone who doesn’t know just how much your gym equipment is worth.
Say the buyer you meet through Craigslist is in the market to purchase gym equipment but they aren’t familiar with the various brands in exercise equipment, and you’re selling a machine from a premium brand. They could offer you an unfair price, not knowing that your gym equipment is top notch due to lack of knowledge.
After disagreeing on the price after hauling your gym equipment somewhere, you realize you just wasted your time and need to move on to the next potential buyer.
The fact that “time is money” is reason enough to avoid Craigslist. So, what about sites such as eBay? Well, if you’re looking for cash and a quick sell, you’re going to be disappointed.
Pawn shops are fantastic for selling used gym equipment for cash. Yes, you can outright sell your gym equipment without involving the loan process. It can be a one-and-done situation.
While pawn shops tend to get a bad reputation from the way they’re portrayed by the media, they’re actually well-run establishments with experts that bring years of experience with them to fairly price used goods.
Pawnbrokers have more knowledge than your everyday buyer on Craigslist. They’re noteworthy for their expertise and have gained popularity from shows such as Pawn Stars. Pawn shops are a great way to get free appraisals for your items with the option to get cash for them on the spot.
If you don’t want to give up your used gym equipment for good, consider pawning it instead of selling it. Pawning your used exercise equipment will allow you to get it back later.
Please note that if you choose this route, you need to pay the pawn shop interest and fees for loaning you the money. And, you need to pay it back by a certain date in order to get your gym equipment back.
When you pawn or sell used gym equipment to a pawn shop, you receive all the following benefits. These are difficult to come by when you choose the most popular methods of selling used items.
Benefits of Pawn Shops
Now that you know how to sell used gym equipment for top dollar at a pawn shop near you, you will likely want to see how much you can get for other items in your possession!
Read the articles below for more information on selling or pawning used items.
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
April 20, 2018, 2:20 AM
Thanks for mentioning that a pawn shop has actual experts that have a lot of experience in their field. Since I need to make some extra money, I am wondering how I should go about selling some of my gym equipment. I will be sure to sell my gym equipment at a pawn shop since they hire experts there.