Should I Sell My Concrete Formwork?
The short answer to whether or not you should sell your used concrete formwork is yes! There are numerous benefits to doing so and various reasons why you might consider selling your formwork after it’s no longer needed. Below are some things to consider when selling formwork:
1. Condition
If your used formwork is in good condition and you’re not using it anymore, it could be a great idea to sell. Even if it’s in average condition, keep in mind that engineered forms usually last around 2,000 or 3,000 cycles. Even if your forms aren’t shiny and new anymore, that doesn’t mean they aren’t in good working condition. Well-maintained concrete formwork holds its value well, so selling well-maintained formwork is always a great idea. Be aware of obvious damage and warping that may compromise the ability of the forms to do their job, however. You may be able to sell damaged formwork for the price of what the metal’s worth, but don’t expect it to retain its value in the same way once it’s not usable any longer.
2. Value
If it’s still in average or good condition, concrete formwork retains its value quite well. You can’t usually sell it for the same price as it’s sold new, but sometimes you can find a buyer who’s willing to pay a pretty great price if the formwork checks all of the required boxes for their project. How much you can price your formwork for largely depends on the type of formwork it is and the condition it’s in. Do some market research before you set your price. Generally, you can plan to price it around 50% of brand-new value, and fluctuate from there based on condition, storage, availability on the used market, etc.
3. Storage room
If it’s just sitting in a yard or elsewhere in storage and you have no intentions of using it anytime in the near future, why not sell it? It’ll clear up some space for other materials or equipment, and it could offer you some extra cash. Why not let your used formwork generate some extra money for you? Plus, you may be doing a favor for a contractor who’s looking for the exact formwork you’ve had lying around in the yard for years. You can save them a little money and prevent them from having to buy new. It’s a win-win for all!
4. Brand
All brands of concrete formwork retain their value well and can be sold for decent prices, but it may be particularly advantageous for you to sell your used formwork if it’s EFCO or Symons branded. Buyers know and trust these names and are aware of the quality and durability offered by these brands. They’re often willing to pay a higher price due to brand loyalty. If you decide to sell your EFCO or Symons formwork, you can except that it will generate some significant interest from buyers simply because of brand recognition. Have some laying around? Why not sell it!
These are some of the most basic and compelling reasons to sell your used formwork. Doing so can also be a sustainable choice. The more used formwork is re-used, the more sustainable it becomes. There’s nothing wrong with holding onto your old formwork, but if you’re not getting anything out of it, selling it can make a whole lot of sense!
BUY AND SELL WITH EIFFEL TRADING
Have you checked out Eiffel Trading’s concrete formwork inventory? It varies from column formwork, to barrier forms, to e-beams, and everything in between. Our equipment inventory also ranges to include foundation equipment, sectional barges, shoring equipment, and much more.
All of our listings are constantly being updated, but if you don’t see what you’re looking for, create a wanted listing for free.
Ready to sell your used heavy equipment or construction material? List your products today for free on Eiffel Trading’s online marketplace.
If you have any questions or would like additional information, please call us at 1-800-541-7998 or email sales@eiffeltrading.com.