Used machine tool dealers are just like any other business--they have to advertise their products to appeal to customers. With this in mind, many used machine tool dealers key terms will revolve around the language used to advertise products. Once you understand the marketing key terms, you'll be able to look past them to the product specifications, which are more important than the advertising. Key terms for used tools include terms like preowned, second-hand, refurbished and under warranty.
Pre-owned machine tools
Used machine dealers use the term preowned, also written as pre-owned, to advertise used machines. The term typically invokes a better quality item that one that someone has simply used. Another term similar to this is second hand.
The International Organization for Standard (ISO) regulates the manufacturing of certain machine tools. ISO 8636-2:2007 is one standard that applies to machine tools. If a machine has met the requirements, it will usually have this standard, or a phrase like ISO compliant, in the description.
Refurbished, repaired, retrofitted
Terms like refurbished, repaired and retrofitted indicate that a machine has been put into like-new condition. This means company corrects any issues and damage in order to return the machine tool to pristine condition.
Used CNC tools
Some machine tool dealers sometimes specialize in selling used CNC tools. These tools, which are computer numerical controlled, offer advanced features over regular hand tools. Depending on the tool, you may need to get software to go with it.
Buy, sell or trade
Buy, sell or trade is a phrase used by some used machine tool dealers to indicate that they not only sell tools but also buy or trade them. With a trade, the company may accept your used tools and offer you a credit for use when you purchase a tool from them, or the company may offer you cash. Companies that offer to buy your tools may do the same thing, or they may sell your tool on consignment, which means the company will keep part of the sale.
Most reputable used tool dealers offer some type of warranty or clearly indicate whether they are selling a machine as-is. The warranty will typically cover a preset amount of time during which you can return the machine should it break or fail to work as indicated. Warranties vary by company, so you'll want to read the details to ensure you understand what the warranty does and does not cover.