10 Factors That Affect Price When Selling Industrial Generators
When it comes to selling an industrial generator, a wide range of factors affects how much you should charge. You should definitely be aware of these factors before going to market. After all, charge too much and you risk alienating buyers. Charge too little and you could be missing out on the true worth of your used industrial generator.
When selling industrial generators, these are ten factors to take into account when setting the price:
- How old is the unit? Obviously, a newer industrial generator means you can name a higher price.
- What brand is the unit? Certain brands are known for quality and longevity; selling industrial generators from these brands means you can ask for a higher price.
- What are the kilowatts and maximum capacity load? Furthermore, when was the last time the load bearing was tested?
- Was the generator backup or primary? Backup generators are used less frequently and draw a higher price when selling them.
- Does it come with liquid- or air-cooled systems? Air-cooled systems are less expensive and simpler, but liquid-cooled systems are more effective and robust. Both affect the price when selling a used industrial generator.
- Does the used generator have a long history of repairs or problems? The fewer, the better.
- Does the price include an electronic panel and/or transfer switch? If this is included, the price can be higher.
- What type of fuel does the generator use? Can it use a variety of fuels? Requiring expensive, difficult-to-find fuel makes selling a used industrial generator harder, which means the price will need to be lower.
- How many owners has the generator had? Once again, fewer is better when it comes to how much you can charge.
- Does the price include installation? If it does, you can name a higher price.
This list is only the beginning when it comes to selling used generators and determining how much you should charge.
Buying or Selling an Industrial Generator? Woodstock Power Can Help.
Woodstock Power is a trusted partner when it comes to buying or selling used generators, with a long list of clientele including facility owners, data center managers, demolition contractors, hospitals, property management groups, and more.
Why partner with us? Whether you’re buying or selling a used generator, we’re here to work for you, with a 24/7 staff that can handle all of your needs. Learn more about our golden reputation among hundreds of satisfied clients.
Interested? Give us a call at 610-658-3242 or fill out our contact form.