Tag Archives: Buying

Confused In Buying the Right Set of Heavy Equipment – Read This To Clear Your Doubts

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It happens mostly with guys who are new to the construction sector; they seem to be so confused in picking the heavy equipment they need for their construction projects. They firstly fail to have the right approach which is to do a thorough research before jumping in the sector and once they are in and manage to bag in a project, they do not know how to execute it. They eventually end up in making a huge blunder of their business and good deal of losses of their client. They seem to fail miserably in almost all departments and end up burning their fingers and shutting their business. That perhaps becomes the end of the story for their business and they seek to something new in their life.

Well, taken this situation into consideration, if we try and ponder on what went wrong we will probably come out with many reasons that led to the debacle. However, if we dig deeper and check few important causes, we will know that he made some big mistakes in picking up the right set of equipment. Heavy equipments are considered as the heart and soul of the construction industry and if you play around with the most important stuff of your business, you are for sure to be doomed. Therefore, it is of prime importance to know well about your machines and then put your foot in this business.

We would be discussing how one can know more about heavy equipment before they set up their own business.

Experience in the same domain: – Having few years of experience in the respective domain always helps you in knowing the tricks of the trade. By working in the construction sector, you will get to know how the machines operate, which equipment is needed for what kind of work and in case of emergencies whom can you get in touch with to get the problem resolved. Newbie makes big mistakes in identifying the problem and once they do that, they take more time to understand how to get that fixed. These problems can be avoided if one knows to deal the situation beforehand.

Browse internet to quest the thirst of knowledge:-  We hear people say “If you want to know about something, google it”. Well, all they mean is if you are looking to get some information about things, the most convenient way is to check that on internet. Internet is probably the only place which gathers information on anything and everything and if one likes to seek details about a particular machine, he can certainly find it on the internet.

Talk with people having worked in this domain­:­-  This is perhaps the simplest thing one can do to know about heavy equipment. Everybody has a mentor in life and it’s advisable to keep one who can guide you throughout the different phases of your business. Talk to people who have spent sizable number of years in the construction industry and check how they can be helpful to you in giving information on heavy equipment.

How to Crack the Best Deal When It Comes To Buying Construction Equipment

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Construction equipment are pretty expensive and hence construction or mining houses look for some great deals before purchasing them. Getting some discounts on these equipments is always welcomed by businessmen. A discount of 10% to 15% can save a lot of money of the company and if they are thinking of giving a big order to the heavy equipment manufacturing company then they can definitely expect a good bargain in return. Dealers are another alternative who can get some real good deals for you. It’s just that you need to know which dealer is giving what discount. Also, when you give regular business to a dealer they keep into mind to offer exclusive discounts to you. It’s all about the relationship you generate with them and nurture over the years that helps you to crack the best deal.

So, we understand that people who are in the construction business since a long time are privileged with various sorts of deals. However, when it comes to beginners who have just set their foot in this industry may not know how to get the equipment at a cheaper rate. They may end up buying the stuffs at the market price each time they feel the need of buying one. Well, a bit of awareness can help them big time and they can also find themselves amongst the old players reaping benefits from the dealers. Following are the ways they can adopt to get a fair proportion of discount on heavy equipments.

Know your dealer:-  In numerous occasions, the dealer is the first point of contact. The equipment manufacturing companies gives the work of selling machines to these dealers which is at a much lesser price than what they advertise in the market. They however retain the service part. So, if you want to buy a machine, you can place an order to the dealer and check what they have to offer you. Going to them with a reference of their regular customer will be an added advantage for you.

Buy it online:-  Internet provides a platform to both the buyer and the seller to trade items. You may come across many online selling sites where people list their item to sell and have also received huge responses from buyers. The trend of buying things online is catching a lot of attention and is increasingly becoming a famous concept worldwide.

There are some online selling companies who have a separate website for selling heavy equipment and heavy motors. You can simply visit their site and check if they are any sellers selling the machine you want. If you find one, you can directly contact the seller via phone or email and convey your interest in buying the product. Paying online is very safe as these sites protect the interest of the buyers and hence cases of any fraud happening is negligible.

Please remember that while you contact the seller, make sure that he is giving you a brand new machine if you’re not looking for a used stuff because these sellers sell both new and used machines on the online selling portal.

This could perhaps be the best place where the buyer can get ample off options pertaining to his machine and can always expect to get the best deal.

Buying or Selling Second-hand Construction Equipments

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Buying or Selling Second-hand Construction Equipments

We are often compelled to ponder on what we get can rid of the second hand construction equipments that is perhaps no longer needed for the business. We really can’t afford to sell it off as scrap as we’re pretty sure it’s only going to fetch peanuts if it goes to the scrap. So are we left with any other options? As a seller, we are left with few alternatives that will definitely work our way. We can either get it out on rent and can earn some money on a monthly/weekly basis or can simply sell it off with a great price.

Rent it to buyers:  You may come across a good number of prospective buyers who would like to take the stuff on rent. Buying brand new construction equipment is not a joke and one has to invest hefty sum of dollars to get one. Other than that, they also have to spend a fortune to keep the machine well maintained. Taking all these into due consideration, buyers are keen to take the equipments on rent rather than buying it at one go. They end up paying a small sum of money at the end of each month and can return the equipment once the project gets completed. Thus, there are fewer hassles involved as compared to buy a new machine and subsequently they also end up saving few dollars of their company.

Buying second-hand construction equipment:  This is another option which should be utilized only if the buyer has enough funds to buy the used piece of steel and also can run the project without any financial deficiencies.  The buyer also has the chance to inspect the machine and check if everything is in order before striking the deal with the seller.  Thus, as long as the buyer is sitting on limited cash to fund his project, he should be wise enough to understand what works better for him.

Since we have covered both the perspective of a buyer as well as the seller, we now need to understand where the seller can sell the used equipments. Both the seller and the buyer need a common platform where they can initiate the trade and finally execute it by paying for the item and the seller subsequently shipping the item to the buyer’s address. There are many online auction sites or trader sites which has given both the parties the much needed platform to transact. Things are pretty transparent in an auction site and hence the chances of fraud happening is very rare. Either of the party that has indulged in any sort of fraudulent activity can get a negative feedback which is visible to all other buyers/sellers. This will deter others from transacting with a person not adhering to the policies of the online auction site.

From the viewpoint of the seller, it should not be a difficult task to sell their used construction equipment to prospective buyers especially when they have such innovative tools at their disposal.

 

 

Buying or Selling of Heavy Equipment – Put it on Classifieds

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Buying or Selling of Heavy Equipments – Put it on Classifieds

Big mining companies or construction companies has variety of machines that are used for different projects. Some of the machines which are old and are hard to maintain are usually sold off to small time contractors who cannot afford to buy brand new equipment. Such contractors have a great deal by buying the machineries at a price much below the market price and can use them for their work before disposing it to scrap dealers. These machines do not have a short life. They can carry on for years and years which makes it all the more beneficial for the contractors to make optimum utilization of the piece before disposing it off. Sellers have wide range of options through which they can list their items for sale. These options are very user friendly and easy to understand. We would be discussing in detail about the different options one can use to sell their old stuff to interested buyers.

Listing it on classified on the internet:  There are innumerable classified websites where you can list your item and can thus give wide exposure to it. You may find several buyers interested to buy your machine and may also receive many phone calls asking for an appointment and simultaneously to inspect the machine. All you have to do is list the item properly for getting maximum exposure. Buyers would be interested if only you advertise your product by giving all the relevant information that signifies the utility of the product. Any additional information would be welcomed by the buyer. Sellers are charged by the online classified site for listing their item and the charge may depend on the kind of product you are listing or the price you have quoted for the product. Some classified websites charge a percentage of the price you have quoted and if the item is sold successfully, they might charge a little more for the sale.

The seller needs to be very careful with the terms and conditions of these online portals and should list their item only if they have completely understood their conditions and fee structure. You can know the email address of the prospect interested in buying your item and can communicate with them. In this way, if they need any more information or specifications, that can be given to them via email. Overall, listing an item in an online classified is a great option one can have to sell their heavy equipment to interested buyers.

Newspaper classifieds: This is another widely used option to reach to potential buyers. Here, you have to first identify a local newspaper having maximum circulation. You can then post your ad by giving some features of your machine. Posting an ad in a newspaper gives you limited space and thereby it becomes important to give your contact details in the advertisement. Buyers may not know much about your equipment by looking in the small ad. If you want to get it clicked, getting the prospects contact you is of prime importance. You can as well give out your email address in the ad and can get responses from interested buyers. All you have to do is just email them the specifications on their email address and rest will follow accordingly. You’ll start getting calls from the buyers and if things go well, you’ll complete the sale for your good.