How Much Is My Used Generator Worth? A Quick Valuation Guide

To estimate the right value of your used generator consider factors like type of generator, running hours, condition, age, and intended purpose. Lower running hours and better conditions indicate a high value for the generator. The right thumb rule for industrial generators is $300 to $450 per KW, but it can vary according to your generator’s condition.

In this blog, let’s discuss the factors that affect the generator value and how to evaluate my used generator to sell successfully.

Factors that affect the generator value

Below are the factors that affect the generator value:

Type of generator

Portable generator: Portable generators that are used for limited periods and that power devices and rooms can range from $200 to $6,000.
Industrial generators: They are commonly used for commercial applications and are accessed using per KW and they have significant value.
Standby generators: They are designed to power during outages and are very expensive ranging from $2000 to $20,000.

Generator Condition

Running hours: Generators that have low running hours indicate better value and condition.
Age: Old generators are sold for modest pricing due to their potential wear and tear.
Condition: Some of the factors including maintenance history, cleanliness, and repairs will impact the generator’s value.
Purpose: Generators that are used for emergency power will be worth more than generators used for continuous power.
Market value: Research online marketplaces such as Craigslist and eBay or consult with a generator expert to estimate your generator’s market value.

How to estimate the used generator’s value?

Below are the factors to estimate the cost of your used generator:

Running hours: Find the hour meter on your generator to obtain the accurate number of hours it’s been used.
Know the generator’s condition: Have a look at the generator’s overall condition to find any visible damages, rusting, or wear and tear.
Compare market prices: Compare the market price of similar generator models on the online marketplace to find the approximate market value of your used generator.
Consult professionals: If you own a large industrial generator, consider getting assistance from generator experts to know the exact value.

Points to ponder

The final sales price of a generator will be slightly lower than the listed price as people negotiate the final sales price. It may be 10 to 15% lower than the online listings.
Some of the generator parts are worth more than the working units. This is very true for old generators or if it has any significant damage.
Negotiation is key when selling a used generator. Be prepared to answer all customer questions and negotiate the price based on the above-mentioned factors.

How to evaluate my used generator to sell successfully?

To carefully evaluate the used generator, consider factors like hours of usage, purpose of usage (standby or continuous usage), condition (new or required repairs), and brand reputation.

Below are the factors to evaluate your used generator.

Check the generator’s condition

Functional status: Will the generator start and run smoothly? Note any issues such as misfires, hard starts, or unusual noises.
Maintenance records: If you have records for maintenance history, service repairs, or user manuals, enclose them in the online listing to show the generator’s care.
Check the condition: Look for any wear and tear, damages, missing parts, and rust.

Research market value

Research market value on eBay or Craigslist or consult with the generator expert.
Perform a load bank test that demonstrates the generator’s output to buyers.

Generator’s history

Age and hours: The generator with few running hours worth more. Always note the generator’s age and running hours.
Usage: Standby units usually have less wear and tear when compared to continuous power generators. Determine your generator usage based on its purpose (standard or continuous power generation).

Brand

Make sure your generator brand is reputable and in demand by researching brands and models online.

How to prepare the generator for sale

Clean the generator completely before selling it.
Take pictures of the generator that include details such as ID tags, engine, and pertinent markings.
Know the complete details of your generator for seamless selling.

If you’re looking to sell your used generator, contact our expert today for the best deal.

CS Diesel Generators provide all kinds of new and used indoor and outdoor generators and their parts for sale. We also buy your used power generators at competitive pricing. Contact our expert today to provide details of your generator and sell your generator at ease.

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