Wednesday, March 18, 2009

The Do's and Don'ts of Buying Used Fitness Equipment

Buying used commercial fitness equipment as opposed to new can save hundreds if not thousands of dollars. And let's face it; with the current economy, anytime you can save even a few dollars, it is wise to check it out. However, buying used equipment can sometimes lead to more headaches and even greater expense than anticipated and is not necessarily the best value for money spent. I myself have purchased used cardio equipment from a reconditioning company for a women's club I owned in Southern California a few years ago. The two treadmills and two elliptical machines I purchased were fully refurbished and cost me about 50% of what I would have paid for new commercial equipment (and my members could not tell the difference). However, when looking for a deal on hydraulic equipment, I strongly suggest you do your homework first.

Because of the over saturation of franchised women's clubs across the country a few years ago, there have been many women's clubs that have gone out of business and their equipment has ended up on websites like eBay or Craigslist for a fraction of the original purchase price. Unlike weight stack machines that might just need some touch-up paint to be ready to put into a new club, hydraulic resistance machines are much different story. Our PACE hydraulic cylinders are self-lubricating; which means they are meant to be used to ensure the inner seals do not get dry and crack. Equipment that has been stored for an extended period often has problems of leaking cylinders or no resistance for the new owner (just like if you were to put a car in storage and do not start it for months, you would probably have oil leaks once you started it). I cannot count the number of phone calls I have received in the last few years from people who have purhcased used equipment with problems. They are very disappointed to learn that we are not in the cylinder business; we do not keep a large inventory of extra cylinders on hand to sell (we keep some back up stock to service our new equipment customers, but since our cylinder failure rate is less than 1 in 2,000, we do not need a large inventory). In some cases, we have sold spare cylinders to those in desperate situations; they might have bought 8 used machines and found they needed 5-6 new cylinders- only to find out that the new cylinders cost more than they paid for their entire used circuit. Unlike some of our competitors' cheap cylinders that can be purchased from an auto parts supply company, our PACE cylinders are made in-house only by our factory and are very labor intensive and expensive to make. Another reason for disappointment for used equipment buyers is that there are no rights to use our trademarked logos or copyrighted materials and unfortunately, we cannot provide ongoing customer support. I have had some people become very upset with me when we decline to provide them with our marketing package or on-site certification when they buy used equipment.

With the economy the way it is, the buyer is in a strong position to negotiate better pricing for new equipment. I strongly suggest anyone looking at used equipment to also contact new equipment companies for their best deal before making a decision they will regret later.

Just thinking.......