New vs. Second-hand LED Displays: Which is Better for Leasing Customers?

Leasing customers often face the decision of whether to invest in new or second-hand LED displays. Both options have their own advantages and potential drawbacks. Understanding the market demand and benefits of second-hand displays can help make an informed choice.

Why Do Customers Demand Second-hand LED Displays?

Since modular LED displays appeared on the market, many experienced foreign buyers have stocked up on a large number of LED displays for self-operated sales and event performances, charging rental fees. High-quality LED displays generally experience minimal failures during long-term use, mainly requiring maintenance of surface LED lamp beads, which is not costly. Over time, this creates a profitable revenue stream for foreign buyers.

Second-hand LED displays occupy a certain proportion of the market because electronic products have a limited service life and degrade over time. This degradation is seen in wear and tear of the appearance, reduction in brightness, and deterioration of internal ICs and resistors. Such wear can cause operational issues, potentially leading to short circuits. Typically, rental displays have a service life of 3-5 years. Foreign buyers must decide whether to continue using them or sell them and replace them with new ones.

Market Cycle and Profitability

Some buyers opt to find local customers in need of second-hand screens, then purchase new screens from suppliers. Most buy screens with the same parameters, although market changes may require different specifications. This approach greatly reduces the cost of acquiring new LED displays. The old screens, having generated profits during their use, have effectively paid for themselves, proving the viability of this model. Following this cycle, foreign buyers update their screens every few years, maintaining a sustainable business model.

Advantages of rental LED screen-1

Why Some Overseas Buyers Prefer Second-hand Screens

  1. Suitable for Non-Large-Scale Activities (100m²-500m²): Events such as local cultural festivals and stage shows often do not require perfect displays. The industry allows for a minor percentage of lamp bead damage, which is not noticeable to audiences viewing from a distance. This tolerance can be met by both low-configuration new LED displays and high-quality second-hand displays.
  2. Shorter Delivery Time: New screens require preparation of raw materials and manufacturing, typically taking three to six months. However, second-hand LED displays, already manufactured, can be shipped within about seven days after maintenance, providing a quicker solution for imminent events.
  3. Comparable Quality to New Screens: Some second-hand LED displays were produced only 1-2 years ago and used sparingly. These screens offer quality comparable to new products and are highly cost-effective. Overseas buyers can sell them as new screens under the same parameter configurations, reducing costs significantly.

Advantages of Second-hand Screens

  1. Cost-Effective: Compared to newly produced LED displays, second-hand screens are more cost-effective.
  2. Better Performance Configuration: At the same price point, second-hand screens can offer better performance configurations.
  3. Shorter Delivery Time: Second-hand screens are ready for use faster, needing only maintenance on surface lamp beads and masks.

Potential Drawbacks

  1. Inconsistent Spare Parts: For products produced a few years ago, some spare parts may not be completely consistent.
  2. Aesthetic Wear: The surface of the lamp beads may not look as pristine as new screens, but there is no abnormality when playing videos.
  3. Visible Signs of Use: The LED screen may show obvious signs of use, which could lower expectations for its appearance.

Understanding these factors can help leasing customers make an informed decision about whether to invest in new or second-hand LED displays, balancing cost, quality, and delivery time to meet their specific needs.