The VN 2000 series bill acceptor is widely known as the best validator on the market. The VN-2512 offers both MDB or pulse/serial 24 volt operation interfaces, and 4 way bill acceptance. This unit is what's known as a "flashport" model, which means it can be upgraded using a simple hand held programmer for any new currency updates that come out. These validators have already been upgraded to the latest currency versions, including the 2008 $5 bill. MEI holds the world's largest installed base of unattended payment systems, handling over 2 billion transactions per week in more than 100 countries. The company developed the first electronic coin mechanism in the 1960s, followed by the first electronic non-contact bill validator, and more recently its credit card capability and vending management solutions software. MEI payment systems' technology is considered the most reliable choice in hundreds of real-world applications and has earned the best performance rating in the market. Through its commitment to quality and innovation, MEI continues to provide the highest reliability and state-of-the-art products for the vending, gaming, amusement, transportation, retail and kiosk markets.
New vs Refurbished
We used to sell new machines as well as reconditioned. We no longer sell new for the following reason: According to a recent survey of vending operators about 93 out of 100 potential vending accounts do not make enough revenue to warrant the cost of new equipment. New machines are great if you have high volume accounts, but most people do not have these accounts. Typical cost on new 'commercial grade' machines run as much as: Can drink $3400-$4800, Snack $3600-$4500, Cold food $7200-$8500, as you can see quite high compared to used or refurbished. Priced with mech and validator, typical options, vendor pricing, not including sales tax or shipping in some cases. Please remember 'anyone and everyone' can call their machines refurbished but what does that really mean? Please see our machine ratings page for what we actually do to our machines. Many of our competitors don't even 'clean or paint the inside' of the machines.Start small and grow as you can afford it.
Many people start in the vending business without much knowledge. This can hurt you financially if you are not careful. All of the machines that we sell are full size, commercial machines. There are many machines that are made that are small, countertop or mechanical coin acceptance. These machines are fine if you are a housewife looking to make a little extra money on the side. We used to sell those type of machines and no longer do. The main reason is that people who were serious about vending would out grow these type of machines in several months. There are two main problems with the small mechanical machines. One problem is the machine does not make change or take dollar bills. The second problem is that the machine will 'work you to death'. Most of these machines hold under 100 products and can only gross $40 to $50 at a time, if the entire machine empties out. This is only the gross, the profit is less than 1/2 of that amount. A full size commercial machine on the other hand usually holds 350 to 600 products and empties out at $250 to $500. Remember you spend the most time driving to the location so you might as well fill 500 products as soon as 50.