What To Do With Your Old Tools

keys-1380134_960_720If you’re a car guy, then chances are that you’ve amassed quite an impressive tool collection over the years while doing routine and not-so-routine maintenance on your vehicle. Perhaps you have a whole garage full of torque wrenches, spanners, jacks, socket wrenches, drills, etc. So what do you do when you need to get rid of some of them? Maybe you’ve upgraded to newer, better tools or possibly you no longer have the time or effort for all the DIY shenanigans. Well, unless you have someone you want to gift your tool collection to, you’re probably going to want to sell them.

Now, in terms of how much money you’ll get (obviously depending on what kinds of tools you’re selling), the fastest methods for selling will yield you the lowest amount, and the potentially slowest will get you the most. So it all comes down to how fast you want to offload your stuff.

If you’re in a hurry and don’t mind not getting top dollar for your tools, you could simply take them to a pawn shop. Once you’ve cleaned them up some, go on down to a couple of shops and see how much you’re offered and take the best price. You’ll be able to sell your tools in an afternoon.

A more lucrative method would be to post them all on a site like craigslist and try to haggle it out with anyone who calls you. It will take longer but you should be able to get more money.

Lastly, you can list the individual items (particularly the more expensive ones) and see if you can get buyers for them. This will take the longest amount of time but has the possibility to netting you the most cash.

So once you decide on just how much time you’re willing to invest in selling your tools you’ll now know which method will serve you best.