Used Vending Machines

One of the biggest costs to entering the vending machine business is the initial cost of buying vending machines. Sure, you can sometimes catch a good deal, but a majority of the time you need to buy those vending machines brand new. If you are thinking of going into the vending business, you are probably wondering whether to buy a used vending machine, or if you should go ahead and splurge on the new one.

If you’re one of the lucky people to be able to find someone selling their used vending machines, then be proud. Those used vending machines just saved you potentially thousands of dollars and now your closer to turning a profit rather than just having all of your investments tied up in brand new candy vending machines. If you can afford it comfortably, you should always buy a new vending machine as opposed to purchasing a used vending machine. A new vending machine will come with a longer warranty, and will be less likely to require repair as often. You will be the original owner, so you will know exactly what sort of wear and tear your vending machine has endured.

Some used vending machines are easier to find. Candy and soda vending machines are particularly easy to find since they have been around for a long time and many people like to upgrade to newer vending machines that look good. New types of vending machines, such as candy vending machines, are very difficult to find used since there aren’t very many of them in use.

However, sometimes used vending machines come with some sort of warranty, and a gently used vending machine can save you a lot of money, if its not too old, its in good condition, and the warranty and guarantee both meet your established criteria. There are companies who specialize in fixing used vending machines, and then reselling them. Sometimes you can find a real good deal with these companies, but first you must make sure the company is reputable. A good place to find used vending machines is through the manufacturers. Manufacturers often buy back old vending machines from their clients and give them a trade in value. Some vending machine manufacturers choose to refurbish those old machines and resell them.

Another great place to find used vending machines is online at sites such as Craigslist. Craigslist has a buy and sell section for most major cities. On that site you can frequently find people trying to sell their vending machine business. Look under the “Businesses For Sale” section. Check with the Better Business Bureau to see if any negative complaints have been filed. And be sure to check on guarantees and warranties that will apply to your used vending machine. Be careful not to fall for the old bait and switch tactic when buying a used vending machine. Sometimes companies will show you pictures of newer, better quality used vending machines.

A third place to find used vending machines is eBay. One of the tough things about eBay is finding someone who is selling vending machines locally. If you are able to find someone on eBay with used vending machines, try to schedule a visit to see the vending machines. This will give you a good indication of the condition of the vending machines. You could also talk to the current owner about some locations that he would be willing to give up.

My final and favorite place to find used vending machines is your local newspaper. Depending on the size of your city this could be pretty hard to find, but surrounding areas with a greater population could prove to have some good deals. Keep a keen eye out and you might find something. Another little secret is to call the person who takes classified ads at your newspaper and tell them you’re looking for someone who has vending machines for sale. Then once they have grabbed your interest, they will try to entice you into buying a cheaper, less quality used vending machine. Whether you purchase a new vending machine, or a gently used vending machine, research the company before making your purchase.

Some used vending machine retailer will genuinely try to save you money, but there are some out there who would rather take your money. Just like buying a used vehicle, remember, its buyer beware. If they see anyone who wants to place an ad, have them call you first! Then you have first shot at those great used vending machines!