How Selling Old IT Equipment Can Increase Your Buying Power
Once your used IT equipment is ready to be retired, you can start turning it into a brand-new investment to help expand your business. It’s easy to think of the many benefits of buying the latest equipment to grow your IT infrastructure. However, we encourage you to take a minute to think about the countless benefits your company will experience by selling your retired IT assets.
Used IT equipment is almost always valuable to another enterprise looking to grow, and we’ve found that even gear that’s operated in the field for a long time can be refurbished and made beneficial to someone else. Partnering with the right IT asset management firm can make all the difference in getting a high price for your used equipment and even acquiring new equipment you may need.
Working with the right partner can help an organization avoid a long sales process, tough negotiations, and a low price. Just because you’re ready to get rid of old assets that are taking up precious real estate, doesn’t mean you should settle for less.
Take a moment to look at your inventory and figure out a way to sell used IT equipment in a way that’s best for your company. This report will help you with some of that process.
Benefits of Selling Used IT
When your company decides it time to sell your used IT equipment, don’t just consider the money you’ll get from the sale. Sure, the return on investment is an upside, but there are many other benefits as well. We will go through a few more ways to maximize value that you might not necessarily think of right away.
A few potential areas you can save money by selling used IT equipment includes reductions in maintenance and repair costs, which is common with older equipment. Ultimately, there may also be a reduction in the purchasing of replacement parts. Savings also range from warehousing the equipment and its potential replacements, as well as spare parts and specialty tools that might’ve been needed in the past.
Selling used IT equipment gives organizations an opportunity to improve their IT capabilities simultaneously cutting costs for legacy and end-of-life gear.
Often, companies retire their IT equipment because they’ve outgrown it or switched to services that no longer require it. Most equipment that gets disposed of still has a lot of useful life, not because there’s something wrong with it. So, by trading or selling used equipment, you are actually supporting another company to grow at an affordable rate with quality equipment.
By selling used equipment — as opposed to throwing it away — a company can highlight its green initiatives and ensure that no equipment ends up in a landfill contributing to the world’s e-waste problems.
There are also ways to limit the number of suppliers you need to work with. This can help a business save both time and money by reducing their team to only trusted and verified partners. When you can find a trustworthy partner to sell your IT equipment to, and buy from the same partner, it creates a one-stop IT shop. Another bonus to selling and buying from the same IT asset partner is that they most likely have an existing network to find other legacy equipment you may need.
We highly recommend finding a partner with experience in used IT equipment because it can make the process easier with a higher rate of return.
Exclusive Benefits of Working With DTC
As a used IT equipment purchaser and IT asset provider, we give businesses considerable access to a full range of equipment and services.
Whether your organization is completing an infrastructure overhaul, or just updating your current set up, we’ve got a wide range of equipment and expertise to help you along the way.
With more than 50 years in the IT equipment industry, we have a thorough knowledge of the procurement process and can work with your team to assist with any data destruction services they may need. We are a family owned company and treat our customers like family.
Data security and customer service have been our top priorities since we opened our doors. Our diverse knowledge-base and experiences, allow our clients to utilize our purchasing and sales personnel as a valued resource for questions, research, and answers.
Another reason companies really like working with us is that our vast database and the contact list of customers, resellers, recyclers, suppliers, and industry partners allows us to find the best price when sourcing your IT equipment.
Our spotless reputation ensures your transactions are handled efficiently, ethically, and securely. With all of the transactions we’ve processed, we have never had one security breach or data loss.
Things to Look for in an IT Asset Partner
When thinking about how to sell used IT equipment, it’s always best to create a profile of the companies you want to partner with. Building a blueprint allows you to know what questions to ask, identify gaps, compare costs and ensure that they can meet your specific needs.
To help in creating your list, here are some of the considerations we suggest for people who are thinking about selling use IT equipment:
- What type of excess or used equipment do they purchase?
- What is their payment process and how long does it take?
- What types of services do they offer?
- How long have they been in business and do they have referrals readily available?
- Do they have flexible payment and other agreement options, including account credit that can be applied to other equipment?
- What is their warranty and return policy?
- Who handles the shipping and logistics?
These are just a few of the main things we think you should consider for any IT equipment sales partner.
Environmental Benefits of Selling Used IT Equipment
It is a known fact that up to 85% of retired e-waste that gets thrown away ends up in landfills or fiery incinerators, exposing the environment to toxic elements. IT equipment only makes up a tiny fraction of the total e-waste thrown away each year, but accounts for 70% of toxic waste that’s released in the environment.
Only 15% of e-waste was properly reclaimed, meaning companies and governments were able to recover $7.4 billion in 2014. The 85% of e-waste not properly reclaimed or recycled represents a loss of $40.6 billion in assets! That’s a huge economic impact!
Recycling is good for the environment. According to an EPA Report, recycling 1 million laptops saves the energy equivalent of the power 3,500 U.S. homes will use in an entire year. Electronics, especially IT equipment, are full of valuable copper, silver, gold, and palladium. They’re also full of silicon and a variety of heavy metals and chemicals that will leach into groundwater and soil, polluting and poisoning the environment. You can help avoid some of this harm by working with a used IT equipment buyer to limit hazardous materials from entering landfills and dumps.
How to Sell Used IT Equipment
There are many different channels you can use to sell your used IT equipment. Different vendors, personal sale service and recycling options will yield different challenges and returns on your initial investment, so it’s best to consider each option carefully.
DTC has IT equipment experts that are available to work with you to develop a plan to maximize the profitability of your used IT equipment, whether you’re looking to sell it for cash or trade it for the equipment you need to grow your infrastructure.
We provide a reliable way for you to sell excess equipment, remove outdated equipment, or implement the latest tech your customers demand. We handle all the shipping and logistics so your company can save money and difficulties along the way, focusing instead on how to grow your business that matters most to your customers. Never worry about how to sell used IT equipment again.