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Where To Sell Used Tools For Cash: 12 Best Places (Online/Locally)

Are you looking for the best places to sell used tools for cash? Yes? Then you’ve come to the right place. Here are some of the best places to sell used tools online and locally.

Have you ever bought expensive tools that you no longer use? Yes? Wouldn’t it be a wise decision to sell them for cash? Of course, it would.

Many online marketplaces and local stores make it possible to sell used tools conveniently. You can make free space in your home and recoup some price by selling used tools.

As you might know, tools have incredible resale value if they’re in decent condition. Whether it’s hand tools, power tools, tool boxes, or something else, you can sell them for cash.

Determining the best options to sell used tools for the most money is essential. Not every option will get you the best price for your tools.

In today’s post, I’m sharing some of the best places to sell used tools for cash and tips on getting the best price for your tools.

So, let’s get started!

Where To Sell Used Tools For Cash Online?

Online platforms are convenient ways to sell used tools. Here are some of the best places to sell used tools for cash online.

1. eBay

eBay is the most popular buying and selling marketplace for selling used stuff. You can sell various types of products, including hardware tools.

Millions of buyers browse eBay to buy various products. One of eBay’s popular categories is tools. Therefore, you’ll find many potential buyers looking for used tools.

eBay offers two options to sell used items: auction and listing. Your first 250 listings each month are free. After that, there’s a $0.35 insertion fee per listing.

eBay also charges a selling fee of 10-15% of the final value. eBay allows sellers to choose shipping carriers. You’ll receive a discount if you choose one of eBay’s shipping carriers.

You’ll receive your payment directly to your bank account within two business days.

2. Garage101

Garage101 is a website where you can sell or buy tools online. If you want to rent your tools rather than sell them, you can do that on Garage101.

As we’re talking about selling used tools, let’s focus on that. You can list your tools for sale. Moreover, you can also charge a reasonable refundable deposit in case the tools are damaged. The downside is the owner will have to deal with buyers if the tool is not returned or is damaged.

You can request a payout once a month. The minimum payout amount is $50. You will get money either by ACH or by PayPal.

3. OfferUp

OfferUp is one of the best marketplaces to sell used stuff locally. You can sell a wide range of items through OfferUp, including tools.

OfferUp allows you to list your items for free. They don’t charge any fee for local sales. However, you have to pay a 12.9% fee for online sales.

For that reason, I recommend using the local sale option. OfferUp has plenty of pre-approved meeting places near police stations and busy public areas. Therefore, you’ll feel safe when selling used tools locally.

Related Article: 17 Best Sites Like OfferUp To Sell Used Stuff

4. Facebook Marketplace

Facebook Marketplace was launched in 2016. Since then, it has helped Facebook users to sell and buy used stuff locally.

It’s free to list items for sale. Buyers can browse through different categories to buy items, including tools. Sellers can have conversations with potential buyers through the messaging option. Facebook Marketplace doesn’t charge any fee for local sales.

Apart from the Facebook Marketplace, you can sell used tools via Facebook Buying and Selling groups. If you live in a populated area, join Facebook groups specializing in buying and selling used tools.

5. Craigslist

Craigslist is a classified ad website that has been around since 1995. It operates globally and has sections devoted to jobs, housing, for sale, items wanted, services, community service, gigs, résumés, and discussion forums.

It allows users to post advertisements for free. You can list your tools for sale. You can include plenty of images and write a description of your tools. However, you have to deal with potential buyers personally, from shipping to transaction.

Related Article: 30 Sites Like Craigslist To Sell & Buy Used Stuff

6. NextDoor

NextDoor is an online platform that allows you to sell used stuff locally. It works similarly to OfferUp which connects you with potential buyers in your neighborhood.

Currently, it operates in 11 countries, including the United States. You can create a listing to sell your used tools to your neighborhood.

NextDoor is pretty serious about its user safety. For that reason, it has various safety features, such as user verification, fraud detection, and the ability to report suspicious activity or listings. 

7. Sawmill Creek

Sawmill Creek is a popular woodworking community. It has a very active classified section where users can buy, sell and trade tools.

Many potential buyers on Sawmill Creek are looking to buy used tools. You can sell any tool, but it’s best for woodworking tools.

Buyers on this platform are pretty knowledgeable about tools. Therefore, be prepared to answer questions about tools from potential buyers.

Where To Sell Used Tools Locally?

Many people prefer selling used tools locally. It’s because you can get the money instantly and no shipping hassle.

Besides online platforms, there are many places where you can sell used tools locally. Here are some of the best places to sell used tools near you.

8. Local Pawn Shops

Some local pawn shops offer loans to individuals who offer collateral like gold, silver, and expensive tools. They’ll provide loans based on the value of your tools. However, you would have to pay it back with interest.

Also, you can sell your used tools to local pawn shops. In that case, you won’t get the best value for your tools. It’s because pawn shops want to make a profit. Therefore, they’ll offer you a lower price than what your items are worth.

9. Local Hardware Stores

You can visit your local hardware stores to sell used tools. As you might know, hardware stores specialize in selling various tools. They may be willing to purchase your used tools for cash.

Like pawn shops, you might not get the best value for your tools. It’s because the hardware stores will resale your tools to make a profit. However, you’ll get paid on the spot.

Moreover, you can approach local tool or equipment rental stores to sell your used tools. They need tools or equipment to add to their inventory to rent out to individuals and businesses.

10. Consignment Stores

You might know how consignment stores work. They sell your items on behalf of you. In exchange, they charge a fee.

You can visit local consignment stores that specialize in tools or equipment. However, they may only be willing to accept high-end or designer tools. They’ll place your item for sale. You’ll get paid once your item sells.

Consignment stores do charge a commission. It can be anywhere from 20% to 40% of the final value.

Related Article: 33 Best Consignment Shops Near Me & Online

11. Garage or Yard Sale

People organize a garage or yard sale to sell unwanted items. You can organize a garage sale to sell used tools if you have lots of tools to sell.

You can advertise your garage sale in your local community and online classified sites. It’ll help you to get more potential buyers.

Note that people love to bargain the price at garage sales. Therefore, place your tool’s prices strategically.

12. Flea Markets

You can consider selling your used tools at flea markets if you have many items to sell. Flea markets are popular for selling used, vintage, and handmade items. However, you can also sell high-end and designer tools.

The downside of the flea market is you have to pay rent to sell your items. The upside is you’ll get paid on the spot.

Which Tools Have the Most Resale Value?

You can sell any tool. But every tool doesn’t have a high resale value.

The resale value of tools can vary by factors like brand reputation, overall condition, and market demand. However, some tools always tend to retain their value in the market.

Here are some categories of tools that have a good resale value:

  • High-Quality Hand Tools: Brands like Snap-On, Matco, and Mac Tools are known for producing durable and high-quality hand tools. These tools often have a good resale value in the market.
  • Professional Power Tools: Companies like DeWalt, Milwaukee, and Makita produce high-quality power tools that often hold their value in the market.
  • Woodworking Tools: Festool and SawStop are known for producing Woodworking tools like table saws, planers, and routers that have a good resale value in the market.
  • Vintage Tools: As you might know, vintage items always have a very high resale value in the market. If you have vintage tools, you’ll get a very good value.
  • Construction Equipment: Generators, compressors, and concrete mixers from reputable brands can hold their value well.
  • Automotive Diagnostic Tools: These tools used in the automotive industry like scan tools and code readers, can retain value, especially if they are compatible with a wide range of vehicles.

Before selling your tools, always do your research and determine their value. You don’t want to sell your expensive tools for a penny.

Tips For Selling Used Tools For The Most Money

Now you know where to sell used tools online and locally. However, it’s not enough to get the highest value for your tools.

Here are some tips for selling used tools for the most money:

  • Clean and Maintain the Tools: Before selling your tools, clean your tools thoroughly and make any necessary repairs or maintenance. It’ll make your tools more attractive to potential buyers.
  • Take High-Quality Photos: It’s essential to capture high-quality photos of your tools from various angles. It’ll help potential buyers to assess the condition of your tools.
  • Write a Detailed Description: A product description helps buyers to know about the product. You must try to include as much detail as you can about the tools you’re selling. If there’s any damage or requires repair, don’t forget to mention it. Include information such as brand, model number, condition, and any accessories or features.
  • Be Honest about the Condition: You might fool potential buyers by telling lies about the condition of your tools. But you’ll lose trust in the market. Moreover, buyers may ask for a refund. Therefore, always be honest about the condition of your tools.
  • Offer Multiple Payment Methods: Not everybody uses the same payment method. Therefore, try to offer as many payment methods as possible.
  • Research Market Prices: It’s important to price your tools competitively to attract more buyers. For that reason, always do some research and see what similar items are selling for in your area. If you price your tools very high, you may end up losing potential buyers. Therefore, always set a competitive and fair price for your tools.
  • Respond Quickly: Potential buyers will contact you about your tools, so be ready to respond quickly. If you take too long to respond, potential customers may lose interest and move on to another seller.
  • Offer a Guarantee or Return Policy: You can consider offering a limited guarantee or return policy to assure buyers about the quality of the tools. It’ll make your listing more attractive to potential buyers. However, it’s not necessary to offer a guarantee or return policy.

These tips can increase your chances of selling your used tools at a higher price and create a positive experience for you and the buyer.

Final Thoughts

If you’ve unused tools rusting in your garage, it’s a wise decision to sell them for cash. As you can see, there are many places to sell used tools online and locally. All you have to do is choose the best platform that is convenient for you.

I recommend trying local selling options before considering online marketplaces. It’s because you can keep 100% profits of your sales.

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