6 minute readHow to Get the Most Money From Your Surplus IT Hardware
When you make the decision to get rid of surplus storage, server, or networking equipment, you may not know exactly what to do with it. Should you put it in a closet in the back of your data center? Let it gather dust? Decommission and recycle it?
The truth is that you have a lot of options when it comes to Asset Recovery. You want to make sure that you make the best option for your organization. There may be value in your equipment that you may not know about. You don’t want to waste the opportunity to get more ROI on that hardware.
So, how can you get the most money out of your surplus IT hardware? Finding the best Asset Recovery option for your equipment will help you get the most resale value. Then you can put that money into your budget, or towards future upgrades.
1. Know What Equipment is Hot on the Secondary Market
The reality is that some equipment is more popular on the secondary market. That means that Asset Recovery and Trade-In programs will be more likely to shell out the big bucks for certain types of equipment. But what makes some equipment more desirable on the used market than others?
Supply and demand is the most basic answer. If there’s more of a particular piece of equipment out there on the used market, the market floods. This flooding depletes the value of your hardware will be somewhat diminished. So, when a huge chunk of companies are on the same purchasing cycle, there will be an influx of equipment in the market at the same time. This means that you may not be able to get the most bang for your buck.
Another factor to consider is age of the equipment. In most cases, the older the equipment, the less resale value it has. The closer the equipment is to its release date, the more value you can get for that equipment. So, take EMC for example.
You’re more likely to get more money for a VNX2 system and upgrades on the used market than a CLARiiON CX series system. You may still be able to get some value out of the CX series system, but it’s not as likely to get you as much as a more recently released system. With NetApp disk shelves, you’re more likely to get more money for disk shelves such as the DS4486 and DS4246 rather than a DS14MK2 shelf.
Want to know what equipment we’re looking to buy? Check out our Reliant Technology Buyback Hot List. We update our Buyback Hot List regularly with the equipment that we’re especially interested in purchasing.
If you don’t see your equipment you’re looking to sell on our Buyback Hot List, don’t despair! Never assume that your equipment doesn’t have resale value! Go ahead and fill out a request to get a pricing quote on your surplus IT hardware and we’ll get back to you the same day with pricing options. It can’t hurt to ask, after all!
2. Speed is A Key Factor for Drive Resale Value
While this isn’t a hard and fast rule, more often than not speed is a huge determining factor in the resale value of your disk drives. Since most end-users are looking for faster and faster drives for their storage environment, the best resale value will be for those drives that can help them meet that need for speed.
3. Logistics Affect Overall ROI
When it comes to resale value, there are other factors that you’ll need to keep in mind for getting the most money. Equipment location, logistics for decommissioning, and other factors will also play a part in resale value. If the procedure to uninstall and receiving the equipment is overly complicated, the likelihood is that the value will deplete because of the cost to get the equipment.
But, some of these logistics for decommissioning your equipment is worth it. You don’t want to sell a tray of drives that still has costumer data on it, do you? That’s not good for your business or your customers.
So, make sure that you look into data wiping for your equipment before selling it. This will ensure that no data can be pulled from those drives, thereby protecting your business’s data (and reputation). Want to know more about Data Wiping or DOD-Level Data Wipes?
Start Making That Money!
Reliant Technology offers a fast and easy Trade-In & Buyback Program that is designed to give you the best value for your surplus or pre-owned storage, server, and networking equipment.
Over 1,800 customers trust Reliant Technology as the World’s #1 Reseller of Certified Pre-Owned Storage Hardware & Support, so you know that you will receive the best service and savings for your used equipment from EMC, NetApp, Brocade, Cisco, IBM, Hitachi, and more.
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Reid is the founder and CEO of Reliant Technology and for 14 years has pursued his mission to remove the pain associated with maintaining IT infrastructure. Reid writes on common challenges related to maintaining, servicing, tracking, budgeting, and upgrading technology.
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About Reliant Technology
As Data Center and storage experts, Reliant Technology is available to provide consultations and solutions to your server backup needs. Our experienced engineers and IT specialists are ready to help you determine the best option for your Data Center. If you have a topic you would like to see discussed, or if you would like to submit an article for possible publication, please, get in touch with us.