Maddog3632 Posted October 3, 2013 Share Posted October 3, 2013 Hello, I have the opportunity to buy a bunch of DN 501E for a great price and am unsure if I should do it. They have been used well and would probably cost me about 150 each, as is. I have seen the machines condition and they look to be in fair/good shape, it would be 10 machines. There is no opportunity to test the cooling, vending, etc for the machines in location and are being sold as is with all parts (IE coin mech, validator, etc.) Would this be worth the financial risk or am I better off buying single machines at a higher price? I am just thinking that if I get 2 of them that work for a long time I will be money ahead. I do not have locations for the machines and am new to the vending business but feel its a pretty good risk investment because it appears these machines are time tested and have a great reputation. Also, I am thinking that if it took a bit of work to get a few more going I would have a consistent fleet of machines that will have the same parts, etc for all. Any advice, thoughts? Link to comment Share on other sites More sharing options...
AZVendor Posted October 3, 2013 Share Posted October 3, 2013 If you can get any DN501E models, not T models, but E models for $150 each, that is a steal even if they don't cool, especially because they are complete with coin mechs and validators. If you plan on getting into vending and eventually placing all of them you should get them. The E models are designed to sell up to 20 oz bottles two products deep or 12 oz cans 3 products deep. It's the best machine DN made. You should plan on rebuilding every validator and coin mech, having to do some refrigeration work, probably paint some of them and replace some signs and maybe have to replace a logic board here and there. However, the value of the machine in location-ready condition is $1000 or more. Link to comment Share on other sites More sharing options...
Maddog3632 Posted October 3, 2013 Author Share Posted October 3, 2013 AZ Vendor, when you say rebuild every validator and coin mech do you mean to replace? Link to comment Share on other sites More sharing options...
jerry1973 Posted October 3, 2013 Share Posted October 3, 2013 That is an awesome score!!! I would buy them no questions asked and inquire about more at that price if they are complete like you have said. As AZ said, they are worth about $1000 EACH in location ready condition. Even if you only had 1 working machine out of the bunch, just the value in parts in the other 9 would probably make the deal ok. Link to comment Share on other sites More sharing options...
AZVendor Posted October 3, 2013 Share Posted October 3, 2013 AZ Vendor, when you say rebuild every validator and coin mech do you mean to replace? From your original post it sounds like the machines have been stored or have just been sitting idle for quite some time. Since you don't know what condition everything is in you should plan for rebuilding the validators for sure due to old belts, but possibly the coin mechs if they don't function properly, especially when paying change from full tubes. Just be prepared for all of that just in case. If you do need any exchanged coin mechs or validators or other parts for these machines, you can PM me as I stock everything you might need. Link to comment Share on other sites More sharing options...
rmorris1953 Posted October 3, 2013 Share Posted October 3, 2013 It is a steal........ You need to find someone in your area that can go through these machines for you since you don't know anything about them. If you were in my area I would go with you to check them out. First thing I would make sure they didn't have bottler asset tags on any of them. Make sure they are complete Not rusted through inside Depending on how far you have to move them and where you are moving them I would move them for $50 a piece. Or trade. Haul three for one. I can haul 6 at one time. So 2 trips. I could go through all of them fix what needs to be fixed. I sell these from $1100 to $1300 delivered with a 90 day warranty on parts. $1300 would get you a 1 yr on compressor. We could do some barting so in the end you might even have a few at no cost. Just depends on the condition. Link to comment Share on other sites More sharing options...
QualitySelectionsJ Posted October 3, 2013 Share Posted October 3, 2013 Hello, I have the opportunity to buy a bunch of DN 501E for a great price and am unsure if I should do it. They have been used well and would probably cost me about 150 each, as is. I have seen the machines condition and they look to be in fair/good shape, it would be 10 machines. There is no opportunity to test the cooling, vending, etc for the machines in location and are being sold as is with all parts (IE coin mech, validator, etc.) Would this be worth the financial risk or am I better off buying single machines at a higher price? I am just thinking that if I get 2 of them that work for a long time I will be money ahead. I do not have locations for the machines and am new to the vending business but feel its a pretty good risk investment because it appears these machines are time tested and have a great reputation. Also, I am thinking that if it took a bit of work to get a few more going I would have a consistent fleet of machines that will have the same parts, etc for all. Any advice, thoughts? Definitely a cheap price. I use this type of machine. If you have the time, get all your resources (family, friends, etc) to find locations for them so you can save on deliveries and make sure they're all working before you install them. Link to comment Share on other sites More sharing options...
AngryChris Posted October 4, 2013 Share Posted October 4, 2013 Look at it this way: at the WORST, each machine may need a refrigeration deck ($350~ if you can swap it locally), new mech/val ($200), and a new board ($250?). That adds up to about $800 to turn that machine into a LIKE-NEW machine, and it probably wouldn't need any of those parts again for YEARS. That is the WORST they can be. Chances are, you might need to invest a few hundred to get everything working properly and several hundred dollars on moving expenses. If I had $1500 and the space, I would buy all 10 of them as long as they were definitely 501E models. Link to comment Share on other sites More sharing options...
Maddog3632 Posted October 5, 2013 Author Share Posted October 5, 2013 Ok, so it turns out the deal is 3 501e and 7 600e for $1500. These are apparently used and from a distributor originally, they have outdated coin mech and "ba..." style bill acceptors. The physical appearance is good in all of them and I am not able to check the working condition prior to purchase. Do I make his purchase or is it crazy? Link to comment Share on other sites More sharing options...
AZVendor Posted October 5, 2013 Share Posted October 5, 2013 The 600E's are the largest machines DN has made, but they are only 7 inches taller than the 501E's. This is a good deal regardless if all the machines are complete. Chances are you won't have too many failed parts on them. If you are serious about vending and since soda is the best way to get started, you should do the deal. I just bought 4 - 501E's here for $400 apiece and I know I need to replace the signs and rebuild the mechs and validators, but I can still make money selling them. Link to comment Share on other sites More sharing options...
Maddog3632 Posted October 5, 2013 Author Share Posted October 5, 2013 So, AZ Vendor back to one of my questions. What in fact does "rebuild the mechs and validators" include? Is this simply buying parts and inserting or physically rebuilding these parts? Link to comment Share on other sites More sharing options...
AZVendor Posted October 5, 2013 Share Posted October 5, 2013 Operators are best served when needing to repair a coin mech or bill validator to exchange them for rebuilt units. The units are not user serviceable and those that try to repair their own with new belts or other simple parts will have more premature failures than if they obtained factory authorized rebuilt units. Most validators will need to be rebuilt every few years and coin mechs will as well due to a variety of reasons such as bad belts, worn coin payout assys, tuning issues, software updates, worn gears and springs, dirty internal sensors, etc. If these machines have been sitting for a long time, the validator belts will be stretched out and not up to optimum strength and shape. You also don't know how long any of these parts have been in service or how much use they may have had, and the older they are the more likely they will need to be serviced. You can obviously clean the bill paths and coin paths, fill the coin tubes so you can test the payout strength of the coin mechs and put them through their paces. If you have any issues with coin or bill acceptance or coin payout, you should replace those units. I offer exchanges of rebuilt coin mechs and validators. The units I have are all factory rebuilt and will put your machines back in optimum operational condition for coin and bill acceptance. Link to comment Share on other sites More sharing options...
CajunCandy Posted October 5, 2013 Share Posted October 5, 2013 Ok, so it turns out the deal is 3 501e and 7 600e for $1500. These are apparently used and from a distributor originally, they have outdated coin mech and "ba..." style bill acceptors. The physical appearance is good in all of them and I am not able to check the working condition prior to purchase. Do I make his purchase or is it crazy? I myself would jump all over these machines! I'm going to shout ! BUY THEM! I would love to get my hands on some 600E's! mike Link to comment Share on other sites More sharing options...
moondog Posted October 5, 2013 Share Posted October 5, 2013 Hello, I have the opportunity to buy a bunch of DN 501E for a great price and am unsure if I should do it. They have been used well and would probably cost me about 150 each, as is. I have seen the machines condition and they look to be in fair/good shape, it would be 10 machines. There is no opportunity to test the cooling, vending, etc for the machines in location and are being sold as is with all parts (IE coin mech, validator, etc.) Would this be worth the financial risk or am I better off buying single machines at a higher price? I am just thinking that if I get 2 of them that work for a long time I will be money ahead. I do not have locations for the machines and am new to the vending business but feel its a pretty good risk investment because it appears these machines are time tested and have a great reputation. Also, I am thinking that if it took a bit of work to get a few more going I would have a consistent fleet of machines that will have the same parts, etc for all. Any advice, thoughts? I think your right on all scores - just one question, where are you going to store them? You'll need about a hundred sq. ft. Link to comment Share on other sites More sharing options...
AZVendor Posted October 5, 2013 Share Posted October 5, 2013 So, AZ Vendor back to one of my questions. What in fact does "rebuild the mechs and validators" include? Is this simply buying parts and inserting or physically rebuilding these parts? I forgot to add that I also stock all of the flavor strips you might need for your machines. Link to comment Share on other sites More sharing options...
Maddog3632 Posted October 9, 2013 Author Share Posted October 9, 2013 Went and dug through all of them today. 4 501e, 6 600e. 7/10 had boards, 6/10 had coin mech, 7/10 had dollar mech 3 mars 2000 1 coinco 1 ba50b 1 ba30b, 1jcm and 7 had compressors. Not able to test but all have good appearance on outside. Still worth it? I assume coin mechs and validators don't work. Link to comment Share on other sites More sharing options...
AZVendor Posted October 9, 2013 Share Posted October 9, 2013 So you will be missing 3 compressors, 3 logic boards, 4 coin mechs and 3 bill validators? It's still a good deal if the 7 compressors and logic boards work. With those and adding one coin mech, you will have 7 complete machines. $1500 divided by 7 machines is $214 each and still a great deal. I would definitely plan on having to replace more parts such as the coin mechs and validators, but you won't know until you begin testing them. Did you ask about the missing parts? Did they sell them or did they obtain the machines as they are? I'm just curious. Link to comment Share on other sites More sharing options...
Maddog3632 Posted October 9, 2013 Author Share Posted October 9, 2013 The machines are previously owned by a distributor. Link to comment Share on other sites More sharing options...
AZVendor Posted October 9, 2013 Share Posted October 9, 2013 This could be a real steal then. Are the machines new and unused? Are they pristine inside? You might have found some unsold machines that were simply stripped for parts and all of your parts will still be new. If so you need to get these before someone changes their mind. You might still need to replace belts on the validators even if they're new, just depending on how old the validators are. Link to comment Share on other sites More sharing options...
Maddog3632 Posted October 22, 2013 Author Share Posted October 22, 2013 Well I am in for a learning curve now! I will have 10 machines sitting in my shop as of this Wednesday. I am not entirely sure where to start but I need to get at least 2 of them running and ready to go within the month. I am thinking that this will be possible with new parts and robbing some parts from other machines. Thanks all for the advice. Link to comment Share on other sites More sharing options...
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