Tag Archives: heavy equipment resale

Regular maintenance is vital. It can fetch a good resale value.

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We have seen so many instances where we tend to forget things that are very important for us. For example, paying utility bills. These things however can be corrected if you pay them later but there are few things that are so important that you just can’t afford to delay and if you fail to take care of those things in a timely manner, it will have a big direct impact on your business and may take a good amount of money to get it resurrected.

One of the thing that you just can’t miss is giving your heavy equipment for regular maintenance. If you have construction business then you know it far better than any person the importance of heavy equipment in your industry. Heavy equipment is considered to be the lifeline of the construction, mining and agricultural sectors. Without the machines, one just can’t imagine to conduct his business smoothly. Machines do undergo a lot of wear and tear if they are put to work rigorously for all the days in a week and if not checked in time it will give up soon and may come to a stage where the cost of getting it repaired will become way too expensive. A wise businessman will undoubtedly want to save his money from getting spent in such unnecessary expenditures.

Apart from incurring an additional expense, if one manages to do timely servicing of his heavy equipment then he has far better chances of getting a good resale value. You can also fetch a good rental value if at all you plan to give it on rent. It has ideally been seen that big construction houses believe a lot in upgrading their machines that are more technologically savvy and far better than the old models. Now the question is what they do with the existing machines. Well, they either sell it off at a dirt cheap rate to small time construction companies or simply rent it out.

They probably do not make any money by selling it at a cheaper rate. It is because they were never bothered to give their machines to a mechanic for servicing. They are perhaps so busy with work that they hardly care about the maintenance part or assign a person who will take care of the maintenance part of the machines. If the man fails to do his work properly, then the machine starts showing problems and eventually it gets sold at a very cheap rate. It is therefore important to assign somebody really trustworthy who can take up this work quite seriously and won’t fumble with his responsibilities.

Other than this, if one services his machine at regular intervals, it increases the longevity of the machine and it can sustain under tremendously difficult terrains. People buying used equipment will definitely pay a good price for something that’s reliable and won’t give up when they really want the machine to work.

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Make your heavy equipment worth for resale

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Many believe that heavy equipment has a good resale value but it mainly depends upon how you have used your equipment over the years. Ideally, heavy equipment is a long lasting thing and it does not require care round the clock. On the contrary, if proper maintenance and servicing is done at regular intervals then it will certainly last for years without any problem to its owner. Nevertheless, knowing the nature of the machine, many owners tend to use it in extreme rough conditions without even bothering to service it. Now that takes the toll on the machine and from there it starts giving problems. The owner needs to understand that if he wants the equipment to work properly then he also needs to take some effort in getting it serviced on a regular basis.

It may be simple to get a resale value for the heavy equipment but it is also important to keep your machine worthy to get a good resale value. If you want to list your item for sale you have to describe it well in the advertisement and must mention if there are any defects or issues with the machine. You should not skip that part and move to the next. The prospects would like to know more about the item before they make the decision to buy it. In case, if your machine is not up to the mark then you may not write good about it and that will deter prospective buyers to move away to the next listing listed by another seller. Though you are getting the viewership, it is not ultimately helping you to close the sale and it is all happening because you have not taken good care of your machine.

Employ a qualified operator:-

It makes more sense to pay more and hire a qualified operator who has good amount of experience under his belt and who can understand the machine better than anyone else can. Hiring a newbie may not be very beneficial to you in the long run as they may learn to drive the equipment and get the work out of it but will not understand if there is anything wrong in the machine and will only report it to you when it completely gives up. Hiring a newbie may cost you less as compared to an experienced one but down the line you will get to know the difference. Therefore, it is better to be cautious and spend a bit more rather than being sorry.

Give it to a mechanic once in every 2 months:-

Your machine may not need any maintenance work every day or every month but you should make it a point that you get it checked by an expert mechanic at least once in every 2 months. That will only help in increasing the longevity of the machine and when you feel that you want to upgrade it by selling the old one, you can expect a good price for it.

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