70 Dyson Vacuum Cleaners were bought at an average of 54% OFF Recommended Retail Price (RRP) at Lloyds Auctions at 2pm last Saturday. They all had something in common. They were professionally refurbished.

So why buy refurbished products? When Andrew (name changed for privacy) from Brisbane paid $163 for a $599 item (72% off RRP) with an attached guarantee both from the manufacturer and Lloyds, the question became why NOT buy refurbished? At Lloyds we often supply goods directly from the manufacturer.

We sell serviced items regularly for a fraction of their usual price that you would pay in retail stores. These items are of new value. Our products come to us in a range of ways. Sometimes owners change their mind and decide that they want something else and other times it’s simply that the packaging has been damaged. Some products have been previously returned under warranty and then professionally fixed and tested. In some cases the products were used as a floor model for demonstrations. Either way, this works in your favour because products are restored, cleaned, guaranteed by the manufacturer and resold at a small percentage of their RRP.

Most people associate the word ‘refurbished’ with second hand goods or products that are faulty. This is not the case at Lloyds because when we say ‘refurbished’ it means that items have been serviced to as-new condition without the price tag. They go through a restoration or reconditioning process by the manufacturer and are only sold after being tested. There is no noticeable difference in the quality of these bargain items.

Not only does buying serviced goods minimise negative environmental impacts including reduction of carbon emissions and landfill, it creates a whole new market place for those who are willing and wanting to grab a good quality bargain. Goods purchased in this secondary market carry trusted manufacturer guarantees without the big prices. It ensures that you receive the best value for money for name branded items.

Here at Lloyds Auctions we make a promise. We stand behind serviced items so much that we provide a 30 day return-to-store guarantee in addition to manufacturer warranties attached to products. We do this because we trust our suppliers and want to ensure you bid with confidence to make a risk-free purchase.

So come down to our warehouse and have a look at the wide range of refurbished goods we have in stock including TV’s, laptops, phones, tablets, white goods and small goods. Trust us to deliver you a quality product at a fraction of the RRP.

Matt Kalinski

Head Of Valuations

Qualifications & Affiliations

American Society of Appraisers Candidate Member

Certified Practicing Valuer AVAA


Matt has been in the valuations space for many years and has extensive experience in the space across an abundance of various industries. He now leads the valuations teams for Lloyds Auctions with a passion for encouraging his team to set and achieve high goals and produce great results for the company whilst growing the team’s skills starting with a great culture and team mindset.