Tag Archives: Second-hand Heavy Equipment

Second hand machines are better alternative to newer heavy equipment

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If you have a start-up business and are aware that you will always have the need of funds to function, then it makes little sense to buy new heavy equipment which will cost thousands of dollars. On the other hand, you should focus on buying used heavy equipment which has the potential to function if not like a brand new machine but no less than that. Second hand machines are always a safer bet for young construction companies. They need not spend a fortune in procuring machines that will perhaps be a bit faster than a second hand machine.

We will speak about few advantages of buying second hand heavy equipment over a brand new one.

Functions may be user friendly to the operator:-

One of the major disadvantage of new heavy equipment is that the functions involved in the machine are completely new and the operator may take few days’ time to learn the stuff and set its hand on it. For the first few days he will experience a bit of uneasiness on the new machine. This can happen with a highly experienced operator as well. He will be bound to make few mistakes while operating the equipment. They feel at home to work on machines that they have already worked on in the past.

The functions of the second hand machine will be quite familiar to an experienced guy and he will not take much time to begin the work. Simultaneously, if the machine breaks down, he may have some idea on the probable issue and might give some advice to get it back and running but if he is working on a new machine and is having a hard time to operate it; you got to call the technician of the company to fix a problem.

Second hand machines are pretty economical:-

Money plays a vital role in the construction business. A contractor will be happy to invest his money in machines that cost less to him and are highly productive. He will not want to compare it with newly manufactured heavy equipment with advanced technology attached with it. It hardly matters to him as far as he is able to make sizable profit and run his business after paying all his debts to the stakeholders. In a situation like this, the contractor will certainly want to invest his money in buying used machines as that will help him to save a lot which can be utilized for other operational expenses.

Procuring second hand heavy equipment is no tough job:-

Buying second hand machines have become relatively simpler than what it was a few years ago. Now one need not depend on newspaper classifieds to know about the person selling used machines. All he needs to do is type the kind of machine he wants on the internet and he will find a number of sellers who are willing to let go their machines at a reasonable amount. Establish contact with them and make the deal.

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Second hand machinery

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Buying heavy equipment has always been a challenge for guys who are new to the construction industry. They may have big dreams but when it comes to procuring the basic they start feeling the pinch. Due to their sheer inexperience, they tend to take some incorrect steps that make matter worse for them and eventually things get out of their control. One of the most common decisions taken by newbie’s that falls flat on their face is buying new heavy equipment that can be used on the jobsite. They understand that it is too expensive and will severely hurt the budget of the company. But they somehow see no other option and go for the purchase. Well, they are certainly not out of option when they think they are. One of the most convenient options available with them is opting to buy second hand or used machineries. Such machines are pretty inexpensive and work great on jobsites. They will not find themselves in loss if they go for this sort of purchase.

How does one go about a second hand purchase? Firstly it is important to identify the heavy equipment that is being sold by a seller. Well for this, one can make use of online websites that are into buying and selling of heavy equipment on the internet. All you got to do is register yourself on one such website and browse through the site. You can specifically check the seller’s profile and the kind of machines he is selling. Concurrently, you can also put few of them at keep it in your cart. This means that you can review that item later and continue your search for more such machines.

These websites can provide you with ample of options and machines listed by several sellers at different prices. However, before you go ahead with the purchase there are few things that you might want to follow. Please read the description mentioned on the listing very carefully. It states all about the machine and these are things that you will find important for taking a decision. If you are new to heavy equipment, it is advisable that you get help from some experienced guy and then move forward.

After having gone through the description carefully, if you feel that this is the one you were looking for, try to generate contact with the seller. Since this is a second hand machine there may be few things that you may want to know. Things like fuel efficiency, productivity, reliability and stuffs make a huge impact on your business and you should make sure that the machine is providing you with all these features.

It is prudent to go and personally check the item once. You can do this if the seller belongs to the same state or else you have to judge by what the seller says and take a discreet call. Nowadays, most of the seller who lists their machines on online platforms ensures that they repair the machine or replace any faulty parts with new ones. This is why online selling sites have become a huge success.

Buy affordable second hand heavy equipment sold by dealers

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If you are a person who wants to stay loyal to a brand and do not want to switch amongst manufacturing companies then you probably have to pay a price for it. But if you are not even willing to pay the price, then perhaps you do not have more options available. However, when it comes to heavy equipment it seems that now you have options. Heavy equipment have always been an expensive item even if it is decade old and small construction companies as well as contractors find it difficult to buy them directly from the manufacturers. This has also lead to a fall in the sales figure but there is another reason which is playing an important role to the sharp decrease in the sales volume and that is people are getting attracted towards second hand heavy equipment and there are dealers who are providing the brand that people want at dirt cheap prices.

So invariably now the dealers are making good chunk of money in a legal business. Though it is a loss for the mainstream heavy equipment companies but certainly a big gain for the small time dealers who predominantly deal with selling second hand construction machines and sees it as a growing business all throughout. Likewise, it has not only attracted the small construction companies but also the mid-sized ones as they all are been buying their stuffs from these dealers. So when the buyers do not see the mainstream heavy equipment manufacturing companies as the only option, these companies will have to work out things that save them from wrapping up their businesses. In fact, some companies have even winded up their businesses from few locations which is a clear indication that people are attuned to buy less expensive machines.

In terms of quality, they are not bad either. These dealers have connections with workshops that work on the old machines and make it look new. They also change the parts that do not work and ensure that they give a new life to the equipment. The cost of repairing a machine is not that high. So they only need to ensure that they put the things in place and make it ready to work. There are few agencies involved in this process. The first is the one who buys the old heavy equipment from the original owner. He gives it to the workshop who brings it back in shape and then it eventually goes to the dealer who sells it to another buyer. More often the agency who buys the machine from the first owner and the dealer are the same. They only need to have good connections with workshops where the heavy equipment are repaired and painted and rest is simple.

The advantage for buyers is that they can buy heavy equipment of any brand at a cheaper price and for guys who are brand loyal, they can manage to buy machines of their brand which is otherwise so expensive that it becomes out of their reach.

Be careful while purchasing second hand construction equipment

While venturing out for new projects, you may be often asked about the kinds of construction machines that you possess and probably on the basis of that you are judged. There are other also many others factors involved but this may be one of a factor that plays a crucial role to bag a construction project. Also when have multiple projects going on at different locations, it is a must to have a good fleet of heavy equipment so that you can bring any of it to use whenever required. Now the real challenge here is heavy equipment are quite expensive and not many can afford to buy new machines whenever they feel the need for it. There is ideally a lot of planning and projection that happens before one decides to buy construction machines. This only suggests that though it is an integral part of the business it is not so easy to get or let’s put it this way, you have to keep a lot of stake to buy heavy equipment.

There is one way which will cost you less and will also help you fulfill your requirement and that is to buy second hand equipment rather than a brand new one. Used heavy equipment cost lesser as compared to the new machines and therefore this ought to be the next best option. The other option is to take heavy equipment on rent but that may not be a viable option if you need the machine for seasonal work. Now the challenge in buying second hand heavy equipment is that there are more chances of it breaking down if you have not checked the machine before buying it. There are some sellers who list their item knowing that it is faulty and they try everything possible to hide that fact from the buyer.

In situations like these, you got to be smarter than the seller and should ask for a demo before you finally buy it from him. Now if you are a guy who has worked with construction equipment all your life and know the in and out of it, then you may be able to judge the quality of the machine but in case you know less about machines and more about running the construction business then it is recommended that you go along with someone who have dealt with machines all throughout his career and can guide you well if you should go with it or no.

A mechanic in this case should be apt to do the work for you. He can do the required checking on the heavy equipment for you and tell you if it is worth buying the metal. Moreover, you will also know if the seller is honest enough to tell you everything before you let him know that you will inspect the machine prior to buying it. Also check with the mechanic the life of the machine and negotiate the price accordingly. Just because you need a construction equipment does not mean that you will end up spending your money in a third grade machine. So be careful before you strike the deal.

 

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Tips to Procure Second-hand Heavy Equipment with Peace of Mind at Internet Auctions

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The nastiest nightmare of every used heavy equipment buyer is purchasing a machine and later realising that it is worthless. Though loads of bulky apparatus’s possessors properly sustain their investment over regular time period, the purchaser wants the equanimity that the equipment will run the way it has been promoted. But, unfortunately, what you perceive is not the same all the time what you obtain.

At the land-based auctions, the procurers do not always get the chance to examine the heavy apparatus, re-evaluate the fluid investigation report or operate it. Moreover, the data provided during the bid may be unfinished or imprecise. This can generate unwillingness about buying the second-hand bulky apparatus at a sell-off. The buyers who are opting for online auction feel apprehensive because there is no option for them to check the performance of the heavy equipment. The online heavy equipment buyers are lucky that they get the assurance of the apparatus with the help of guaranteed assessment reports.

How to Make an Inspection Report

An inspection report presents proof that a piece of apparatus has been systematically reassessed and operated. It embraces all the information what the heavy equipment purchasers are probing for. The condition and the traits of the machine are properly mentioned in the report. In this inspection statement, the used heavy paraphernalia buyers also get the data about the cosmetic, structural and motorized facets of the equipment. Here in the below mentioned discussion, you will get to know the strides to create a guaranteed inspection account:

The quality of the scrutiny report automatically rises when it is produced by the knowledgeable and unprejudiced individuals. Some of the auction organisations hire inspector-in-house whereas the other companies recruit autonomous contractors to accomplish the assessment properly. To lessen the cost of purveyors, it is perfect when the supervisor conduct the scrutiny at the seller’s construction site in order that the possessor does not have to budge the paraphernalia until the transaction with the procurer is accomplished.

The purchasers want the examination report to perform as their ears and eyes. However they are required to ensure that the information mentioned in the report are not just the estimations. Preferably, an assessor would apply a standardised course of action to examine the heavy equipment so that the reports are trustworthy and unswerving from instrument to instrument.

Important Points Incorporated in an Auction Statement

As the purchasers employing networked auctions will not be on the construction site to observe the performance of the heavy apparatus, the assessment report should be inclusive in every facet. The idyllic statement should include the following significant points:

  • Lab results of the bulky paraphernalia
  • Images of the interior and exterior parts of the equipments
  • Numerous sections and line-item ratings
  • Report must verify the structure, age and sequential number of the weighty apparatus.

Guaranteed assessment reports are gaining popularity in today’s construction equipment market because a large percentage of procurers prefer online heavy equipment souks to fulfil their needs. This report helps in building the confidence the between the buyer and the seller. So if you are hesitating to buy heavy equipment from the internet auction, then guaranteed inspection report is the most effective solution for your business.

 

 

 

 

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Second hand use of heavy equipment

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Heavy equipment come with a high price tag and not everybody can afford to buy brand new equipment for their business requirement. Some have to rely on taking it on lease and others have to do with buying used equipment. It is not always possible to find leasers who can lease the equipment at a price that you are willing to take. Most of the time, you find the equipment at a price you can’t afford to pay every month. On the contrary, it is better to buy used equipment that is perhaps not very old and is also in good working condition. In this way, you have a healthy asset with you that you can use for your projects.

Big construction companies may not have a problem buying brand new machines. They may not feel the need to keep on using the same old machine for every project and may have the capacity to buy latest technology machines when they arrive in the market. As a matter of fact, they give huge importance to state of the art equipment that can lessen their work without compromising the quality. This does not mean that the old machines that they were using is obsolete or has stopped giving quality output. It may be possible that the old machines may take more time in getting the work done.

When it comes to small construction companies or companies who are newbie in the industry, they experience a very common problem that is financial crunches. If they have a project in hand, they may have to ponder whether they should take the project or leave it as they may not have the heavy equipment required to complete it. And in order to buy the equipment, they have to spend a good deal of money which may leave them in a big financial mess. If they compromise on the machine, then they also compromise on the quality of work which will not help them in getting any further businesses.

This is one of the many reasons why many small construction companies could never make it big in the industry. They have to limit themselves with smaller projects which do not fetch good returns to them. The only solution that can help them is purchasing used heavy equipment. They have to first identify the requirements of the project and also need to check who can offer them good used machines at an affordable price. Once they jot down the seller/sellers they can contact them and try to strike a deal with them. It is imperative to first inspect the machine before signing on the dotted line.

For people who may not have the money to buy used equipment, they can opt to take a loan to buy the equipment. There are many financial institutions that are ready to help people who want to make their dreams come true. It’s just that you need to be doubly sure that what you’re buying is worth the price you’d be paying.

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