So you’ve got some tools sitting around collecting dust. Maybe you upgraded to some new power tools or just don’t have a need for that table saw anymore. Instead of letting those tools continue to take up space in your garage, why not turn them into cold hard cash? Selling used tools can put some extra money in your pocket, whether it’s an entire workshop worth of equipment or just a couple hand tools you no longer use.
In this blog post, we’re going go over the best places to sell power tools or hand tools for good money. From garage sales to online marketplaces like eBay, you’re going to learn where to go to achieve the most buck for your bang when it comes to selling off your old tools. Many local pawn shops buy tools from customers as well! So grab that socket wrench set you haven’t touched in years and let’s explore how you can turn your unused tools into usable cash.
Best Places to Sell Used Tools Locally
If you’re trying to sell used tools for the best price, your local stores specialize in that. Check around yard sales, flea markets, and craigslist for the biggest bang for your buck.
Yard Sales
Holding a yard sale is one of the easiest ways to sell your used or unwanted items locally. Advertise your sale on community Facebook groups, craigslist, and with signs in your neighborhood. Price each of your tools individually and be willing to negotiate to get the best deals. You’re likely going to find buyers to scoop up entire toolboxes or sets.
Flea Markets
Many communities have weekly or monthly flea markets where vendors rent booths or tables to sell items. Renting a booth for a day allows you to display all your tools for sale. Flea market shoppers come expecting to find deals, so price your tools at least 25-50% below retail. You could often rent a booth at around $15-$60 daily.
Selling Used Tools Online
Selling your used tools on online marketplace like eBay, Craigslist, and Facebook Marketplace is a great way to find them a new home and make some cash in the process. With so many buyers shopping on these platforms, you’re going to have a good chance of getting a fair price for tools that are still in working condition.
eBay
eBay is one of the largest online marketplaces, with over 180 million active buyers. Create a free listing for your used tools, including plenty of details and photos. Do some research to determine a competitive price based on the tool’s condition and model. You can offer the item at a fixed price or run an auction. For auctions, set a minimum price you’re willing to accept. Buyers pay for shipping, so factor that cost into your listing price.
Craigslist
Craigslist allows you to sell used tools locally. Post an ad in the “tools” section of your city’s Craigslist site. Include details like the tool’s brand, model number, condition, and your asking price. Be prepared to handle inquiries, set up meetings, and negotiate with interested buyers. Only accept cash for your tools and be cautious meeting up with strangers from the internet.
Facebook Marketplace
Facebook Marketplace makes it easy to sell to people in your local tool community. Post a listing for your used tools, include photos and your asking price. Your ad will be visible to friends as well as other Facebook users in your area. Buyers can message you through Facebook and you can vet them by viewing their profile. Meet in a public place to exchange the tools for cash.
Getting The Most Cash From Your Used Tools
When selling your used tools, you’re going to want to get the highest price possible. Here are some tips to maximize your profits:
Do Research
Check specialized tool resale websites like Craigslist, eBay and Facebook Marketplace to see what similar tools in good condition are selling for. Price your tools competitively based on their make, model, age and condition. The more you know about the fair market value of your tools, the better deal you can cut.
Clean and Repair Your Tools
A dirty or broken tool will sell for much less than a clean one. Give your tools a thorough cleaning and make any necessary repairs or touch-ups. Replace worn or damaged parts. A little elbow grease can mean a lot more money in your pocket. If you don’t have the skills to fix certain issues, it may be worth paying a professional to make major repairs. Their fee could be less than the amount extra you make from selling a fully functioning tool.
Take Photos
Post photos of your tools from multiple angles, showing any accessories or attachments. Good lighting and clear, close-up shots are key. For larger tools like lawnmowers or generators, include photos of the item in use. This shows prospective buyers that the tool is in working order.
Advertise in Multiple Places
The more potential buyers see your tools, the more interest you’re going to generate. Post on community buy/sell groups on Facebook, your local Craigslist, and eBay. Consider holding a yard sale or garage sale to sell your tools, or rent a booth at a local flea market or swap meet. You can also post items in your local classified ads, finally.
Be Flexible in Your Pricing
You may have to negotiate a bit to make a sale. Don’t start at your lowest price, but have a range you’re willing to accept. It’s better to sell at a slightly lower price than not sell at all. And a bird in the hand is worth two in the bush—selling today at a good price beats the uncertainty of maybe selling for more at some unknown point in the future.
How to Prepare Your Used Tools to Sell
To get the most cash for your used tools, you need to make sure they are in sellable condition. Taking the time to clean, repair, and refresh them will allow you to ask a higher price and sell them more quickly.
Clean | Polish
Dig out that old rag and some elbow grease. Wipe down tools to remove built-up dirt and grime. For power tools, use a small brush to dust out vents and crevices. Sharpen any blades and lubricate moving parts. A clean, well-maintained tool will fetch a higher price than a dirty, rusty one.
Test and Ensure Proper Function
If it has an on/off switch or trigger, make sure it actually powers on. Test that all parts are working as intended. Nobody wants to buy a tool that doesn’t function properly. Repair or replace any faulty components so you can demonstrate that it is in good working order.
Reorganize Kits
If you’re selling an entire tool kit or set, take time to reorganize all of the tools and accessories. Make sure everything is present and in its proper place. Nobody wants to buy an incomplete set. You may need to purchase replacement components if anything is missing. Freshly organized kits will sell faster and for more money.
Price Competitively
Do some research on completed listings for the same or comparable tools. See what price ranges they are selling for. You need to find the sweet spot. Price on the higher end of the range for tools in excellent, working condition. Be prepared to negotiate to make a deal.
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