Every now and then, it’s time to clean out that tool shed, but you might be curious about what to do with the tools that you no longer use. Either you got a new one, or you found the tool you have is too small (or big) for the jobs you do. There can be a variety of reason as to why you may want to sell your old tools. Maybe you no longer need the tool or rarely use it anymore and are looking to create some space around the house. Maybe you are moving and don’t have the space? Tired of doing everything yourself? Or maybe someone gave you a tool as a gift that you will never use but don’t want to hurt their feelings? Maybe you just have too many tools. Whatever the case may be, if you are looking to sell your tools in Massachusetts, here are three options to consider:
If you have time and don’t mind the hassle, list your tools for sale on a website like eBay or Let It Go. This will take a bit of effort as you’ll need to take the pictures, write the description and possibly ship it, but this way you can get the maximum value. Find out what others are selling similar tools for and name your price based on the competition. The positive here is that you can hopefully get more money.. The problem is you may have to deal with shipping or worse yet, returns from unhappy customers. You also need to be careful of unscrupulous characters. In this case: Seller beware!
Trade schools and community organizations will sometimes take your old tools. They can use them for training programs and possibly even sell them to raise money for their cause. Believe it or not, it can be a challenge to find an organization willing to take your unwanted tools however it’s still a chance to do something good!
Pawn shops like Empire Loan will examine and test your tools before they make you an offer. As long as they appear to be in good working order with no serious problems, Empire Loan will look it up online with websites like eBay to see what they are selling for used, and then offer you a percentage for a buy or loan. Generally this can be anywhere from 20% to 40% depending on what you have and what you want to do with it. While it’s true this is less than you would get selling it privately, at least you get the cash on the spot and walk out free and clear. That’s it. Quick, simple and safe! Empire Loan has been buying tools for cash since 1985 and features 8 locations in Massachusetts and Rhode Island to make it convenient for you.
For questions on items that we do or don’t accept please visit our “Accepted Items Page” for more information or contact us today via our convenient contact form or by calling in directly at 1-800-375-PAWN
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