Tag Archives: Selling

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.