Are Refurbished Vending Machines a Good Investment?

Are Refurbished Vending Machines a Good Investment?

Published: 31st March 2023

A refurbished vending machine is a used vending machine that has been restored to a like-new condition by a professional refurbisher. This process typically involves repairing or replacing any broken or worn parts, cleaning and sanitising the machine, and updating the technology to modern standards.

Benefits of investing in a refurbished vending machine

Opting for a refurbished vending machine over a new one can offer various benefits. One of the significant advantages is the cost-effectiveness, as refurbished machines are usually much cheaper than brand-new ones. This makes them a viable option for individuals or businesses seeking to establish or expand their vending machine business without incurring exorbitant costs.

Another advantage of refurbished vending machines is that they often come equipped with modern features and updated technology. Refurbishes may install new payment systems, touchscreens, or other contemporary elements. These can enhance the machine’s user-friendliness and appeal to customers. This can, in turn, result in increased sales for the business owner.

Investing in refurbished vending machines can also promote sustainability and contribute to the protection of the environment. By purchasing a used machine that has been restored to its former glory, individuals or businesses can help reduce waste and support sustainability.

By opting for refurbished machines instead of new ones, they can extend the lifespan of existing machines and minimise the environmental impact associated with the production and disposal of new vending machines.

Potential risks of investing in a refurbished vending machine 

The potential risks of investing in a refurbished vending machine are much the same as the potential risks of investing in any other refurbished technology. Probably the most obvious one is that refurbished technology items tend to come with more limited and shorter warranties than new items.

There is also, generally, a lack of information about the item’s history and therefore the way the original components were treated by the original owner. Reputable refurbishers will take care of any obvious issues. Subtler issues, however, may slip under their radar. They may not affect the useful life of the machine by much, but they can still have a negative impact.

As a corollary of this, a refurbished vending machine may generate higher maintenance costs than a new one. It may also be more vulnerable to breakdowns.

Factors to consider when investing in a refurbished vending machine

Before you look at a refurbished vending machine, look at the refurbisher itself. Buying from a reputable business is the easiest way to make sure that you’re getting a quality product.

When you’re looking at a refurbisher’s inventory, be sure to check the age and condition of the machines. These will have a strong influence on their functionality, lifespan, and maintenance costs.

Also, check to see if the machines are compatible with your preferred payment systems and products. This is particularly important if you want to sell items that need to be kept at a specific temperature.

Finally, consider how heavily the machine will be used. If you need a machine that can reliably cope with heavy work, then new may be your best option. Alternatively, look for a relatively new refurbished machine with an extended warranty.

Purchase or Hire our Refurbished Vending Machines Today!

Whether you’re looking to purchase or hire a refurbished vending machine, Cema Vending has you covered. Contact us today to learn more about our wide selection of quality machines and find the perfect solution for your business.

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