If you’re looking to buy an ATM for your business or financial institution, chances are you’ve come across two main options: new or refurbished. And if you’re new to the world of ATM equipment, it’s completely normal to wonder:
“What’s the difference between a refurbished ATM and a new one?”
“Is one better than the other?”
“How do I know which is right for my business?”
In this guide, we’ll break it down.
What Is a Refurbished ATM?
Let’s start with the basics.
A refurbished ATM is a machine that has been previously used but has gone through a thorough process to restore it to like-new condition. This isn’t just about cleaning it up. The process involves:
- Inspecting and replacing any worn-out parts
- Updating the software and hardware to meet current standards (like ADA, EMV, PCI, and Windows OS compliance)
- Testing the machine to make sure it works flawlessly
At MVP Financial Equipment, refurbished doesn’t mean second-best. With more than 20 years of experience and the largest inventory of refurbished ATMs in the U.S., MVP’s refurbished models are known for quality, reliability, and value.
Refurbished vs. New ATMs: Key Differences
When deciding between a new and a refurbished ATM, it helps to break down the differences in a few key areas:
Cost
- Refurbished ATM: Lower price, making it an ideal option for small businesses, startups, or anyone working with a limited budget. Check out our guide on how a refurbished ATM can help you save more in 2026 as the year comes to a close.
- New ATM: Higher upfront investment, but includes manufacturer warranties and factory-fresh components.
Features & Technology
- Refurbished: Often includes updated features and software, though may not support the very latest add-ons.
- New: Offers access to cutting-edge technologies like touchscreen interfaces, recycling modules, or video teller features.
Lifespan
- Refurbished: Solid performance and reliability, though the remaining operational life may be shorter than brand-new models.
- New: Expected to last the full product lifecycle from installation.
Environmental Impact
- Refurbished: Choosing a refurbished ATM supports sustainability by keeping usable machines out of landfills.
New: Producing new units contributes to tech waste and higher carbon output
When deciding between a new and a refurbished ATM, it helps to break down the differences in a few key areas:
Cost
- Refurbished ATM: Lower price, making it an ideal option for small businesses, startups, or anyone working with a limited budget. Check out our guide on how a refurbished ATM can help you save more in 2026 as the year comes to a close.
- New ATM: Higher upfront investment, but includes manufacturer warranties and factory-fresh components.
Features & Technology
- Refurbished: Often includes updated features and software, though may not support the very latest add-ons.
- New: Offers access to cutting-edge technologies like touchscreen interfaces, recycling modules, or video teller features.
Lifespan
- Refurbished: Solid performance and reliability, though the remaining operational life may be shorter than brand-new models.
- New: Expected to last the full product lifecycle from installation.
Environmental Impact
- Refurbished: Choosing a refurbished ATM supports sustainability by keeping usable machines out of landfills.
New: Producing new units contributes to tech waste and higher carbon output
Pros and Cons of Each Option
Let’s take a quick look at the advantages and trade-offs of each option:
Benefits of Refurbished ATMs
- Significantly more affordable
- Thoroughly tested and updated for reliability
- Ideal for lower-volume locations or growing businesses
- Environmentally responsible option
- Quick delivery and installation time
Potential Drawbacks
- May not have the latest hardware or aesthetic finishes
- Slightly shorter remaining life expectancy compared to new machines
Benefits of New ATMs
- Brand-new equipment with full warranties
- Access to advanced features and configurations
- Longer lifespan and less wear from the start
- Best suited for high-traffic areas or tech-focused branches
Potential Drawbacks
- Higher upfront cost
- Longer wait times depending on availability
- May offer more than you actually need for your specific use case
How to Choose: Refurbished or New?
The answer depends on your needs and budget. Here’s a quick guide:
- Choose a refurbished ATM if you’re working with a limited budget, don’t need high-end features, or want an eco-friendly solution that still delivers strong performance.
- Go with a new ATM if you need the latest technology, have high customer volume, or are planning a full-service deployment in a modern banking environment.
Either way, the key to a successful purchase is working with a knowledgeable, experienced partner–like MVP Financial Equipment.
Why MVP Is the Right Partner for Your ATM Needs
When it’s time to buy an ATM, MVP is your full-service partner.
Here’s what sets MVP apart:
Expertly Refurbished ATMs
- Each refurbished machine is rebuilt, updated, and tested using a proven process.
- All machines are made ADA, EMV, PCI, and Windows OS compliant before they leave MVP’s facility.
One-Stop Shop for Financial Equipment
- MVP provides more than just ATMs. Their product line includes:
- ITMs (Interactive Teller Machines)
- Teller Cash Recyclers (TCRs)
- Smart Safes
- ATM Kiosks and Enclosures
- Night Depositories and more
Comprehensive ATM Services
- Need help beyond the machine? MVP’s team offers:
- Installation and configuration
- Ongoing ATM services and maintenance
- On-site support and training from certified ATM technicians
Trade-In Program
- Have older machines? MVP will help you trade them in for value toward newer or refurbished units, making your upgrade cost-effective and seamless.
Trusted by Businesses and Financial Institutions Nationwide
For more than two decades, MVP has served clients across the financial services industry including banks, credit unions, and retail chains.
What keeps customers coming back?
- Unmatched product quality
- Fast and responsive service
- Customized solutions built around your unique needs
MVP is all about building long-term relationships through providing quality service and machines.
Take the Next Step Today
Still wondering which option is best for your business? Let MVP help.
- Visit MVP’s Products Page to explore their full lineup of refurbished ATMs and new models.
- Book a free consultation with one of their experts to discuss your specific needs and get a personalized recommendation.
Whether you’re ready to buy an ATM today or just exploring your options, MVP is here to help you make the smartest, most cost-effective decision.
The bottom line? There’s no one-size-fits-all answer to the refurbished vs. new ATM debate. Both options offer unique advantages, and the best choice depends on your goals, your budget, and your long-term plans.
What matters most is having a partner who knows the industry inside and out and can help you make a confident, informed decision.
With MVP Financial Equipment, you’re not just buying a machine–you’re gaining a team.