Payout Options
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After our bonded and insured third party picks up the equipment, here are our payout options and the logistics of each option.  

Note: If you've reached the payout point, that means we a) agreed on the price b) It's picked up by our third party.

 

The payout options are ordered vertically according to speed and ease, starting at the top.

 

New! We do offer Cryptocurrency payouts as well!

Please do not hesitate to ask questions - admin@hydrafitnessexchange.com


When you sell your used exercise equipment, whether it be a treadmill, elliptical, stationary bike or home gym this is how the Paypal payout option works.
Peer to Peer

By popular demand, we have launched Zelle!  All we need to transmit payment to you is your first and last name, phone number or email associated with the your Zelle Account!

 

When you sell your used exercise equipment, whether it be a treadmill, elliptical, stationary bike or home gym this is how the Paypal payout option works.
Peer to Peer

By far the most popular, as there are millions of people that have paypal.  It's easy, during or after pickup, send us your email or phone number associated with your paypal account and we'll do an instant transfer.Don't have paypal?  That's cool, we can do it the same way as above, paypal will notify that "you have cash", then you can proceed to open your account and transfer the funds into your bank account.

 

When you sell your used exercise equipment, whether it be a treadmill, elliptical, stationary bike or home gym this is how the Venmo payout option works.
Peer to Peer

Venmo is owned by paypal, so it works similar to the above process.. That is, we can send the money in Venmo via username, phone number, or email associated with your Venmo Account.

 

When you sell your used exercise equipment, whether it be a treadmill, elliptical, stationary bike or home gym this is how the Bitcoin payout option works.
Cryptocurrency

Very Simple.  Email us your wallet address during or after pickup and we'll send it over.  We use the Jaxx wallet with shapeshift so if you want us to send it in the form of any other token supported by jaxx that's fine too. 
2020/2021 Update. Paypal announced that they will start fostering Bitcoin Transactions,  so this option is going to be part and parcel to the paypal/venmo (venmo is owned by paypal) option.

 

When you sell your used exercise equipment, whether it be a treadmill, elliptical, stationary bike or home gym this is how the Ethereum payout option works.
Cryptocurrency

Same process as Bitcoin.

 

When you sell your used exercise equipment, whether it be a treadmill, elliptical, stationary bike or home gym this is how the check payout option works.
Mailed Check

If you prefer to business like it's 1979 :), it's cool, just got to wait the 5-7 business days (to the address it's getting picked up unless otherwise indicated) after pickup.

Q: You may ask, why can't I get the check at pickup?  

A: In short, we use a third party delivery company, and we simply can't give a stack of blank checks to the delivery driver.  

 

When you sell your used exercise equipment, whether it be a treadmill, elliptical, stationary bike or home gym this is how the cash payout option works.
Cash Payout

Due to high volume we don't use cash at dropoff anymore

Cash on Transmotion Pickups:

Q: You may ask, why can't I get the cash at pickup?  

A: In short, we use a third party delivery company, and we simply can't give stacks of cash to the delivery driver. 

 

FWD TRADE IN ADVANTAGE

We sell new and used fitness equipment, if you want to get the most out of your used exercise equipment, trading in is the absolute best way to maximize its value. If you're in Chicagoland, we can give you almost 2x the "purchase outright" value, so we strongly recommend you consider you're buying a replacement cardio or strength piece. How it works - You get half up front on the agreed upon "whole" trade value and the other half when our team returns said trade in to our warehouse. The balance is paid using one of the payout options above.

Example: You are trading in 2013 F63 Treadmill and we agreed to give you $400 plus pay to have it removed professionally, at the same time you want to Purchase a Vision Fitness S7200HRT Suspension Trainer valued at $1499. You get $200 against that in good faith it's working, $1299 net, and when our 3rd party brings the unit back we pay the balance of $200 using above payout options. Excluding Taxes and Installation Fees, of Course.