Purchasing a refurbished or reconditioned gas pump or dispenser is a cost-effective choice when looking into upgrading or rebranding your gas station. There are many makes and models to choose from besides the two biggest choices refurbished and reconditioned. They are not the same and understanding the differences will help you make the best choice before purchasing.
What Does Reconditioned Mean?
Reconditioning is a more thorough and costly process because it is more rigorous and works towards a higher standard than refurbishing. Reconditioning involves the process of repairing, replacing, and reassembling the products to operational standards.
What are Refurbished Products?
Refurbished is more about repairing the damage than replacing parts that are worn out. It is about verifying the product as functioning properly, but there are less work and money put into the product. This is why refurbished might also be less expensive.
Will You Get the Same Warranty?
There are different levels when you buy a refurbished or reconditioned gas pump or dispenser. Which has an impact on the warranty that you will get when purchasing either? You need to be aware of the conditions before purchasing and what it includes, or not included in the warranty. There is also some common terminology like, as is, economy and recon. These phrases, in most cases, will give you a clearer understanding of what it covers.
Tips to “As Is”, “Econ”, and “Recon” Mean
When you hear that the product is “as is” you are getting a product, that may have minor cosmetic issues, dents, and scratches. It may need additional repairs or parts, and it means no warranty. This product is the lowest price on the market.
Economy means just that you are getting an economical product that may need additional repairs, and it will have a limited warranty on the parts that the company fixed to get it in working order. You will have to ask specific questions to understand what is and what they do not cover in the warranty. The electronics (at Graffco) go through testing as well (we typically call it electronic testing).
Recon is typically short for reconditioning. Which means that they have tested the product, it is in working condition and it will look almost brand new. The warranty on this product will have more coverage. Do your due diligence and make sure to know how long the warranty coverage is. This product will be the more expensive of the three and yet still cheaper than a brand-new piece of equipment. This tends to be the best value for your money.
Assess Your Needs
It is absolutely worth assessing your needs before purchasing a refurbished or reconditioned gas pump or dispenser. You want to be sure that you get the most reliable and best equipment for your gas station business. By asking the right questions and research, you will be able to improve your business profitability.