Tag Archives: used construction equipment

Equipment used in construction

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A construction jobsite will give us the picture of laborers working tirelessly with their supervisors directing them to work and several types of heavy equipment digging deep inside the ground and rest busy carrying something or the other. Overall we will find nobody being idle. Everybody and everything is doing some or the other activity. Having said this, the construction industry is heavily dependent on the kind of heavy equipment being used on the site. The owner of a construction company invests good chunk of money in procuring heavy equipment and post buying takes immense care to ensure that the machines work fine. He spends good deal of money to keep them well maintained and so that it performs when it is needed the most. In a big project, you will see numerous heavy equipment. However, the most common types of machines that are seen on the sites will be discussed as follows.

Excavator:-

Excavators are machines that are required to excavate earth using its boom or stick. It has the potential to dig deep inside the ground and extract the soil. It is one of the most common types of heavy equipment that can be seen in almost every construction site. This is because every construction site requires some amount of digging to be done and they can’t have a better choice than using an excavator. Some companies also make use of alternatives which are undoubtedly good options but may not be able to deliver the result that an excavator can do. It can also carry the soil and dump it on a dump truck. So there is no need of heavy equipment like wheel loader to do this work.

Bulldozers:-

This is yet another common heavy equipment that can be seen in most of the construction sites. As the word goes bulldozers are used to demolish anything that comes on its way. Well, not literally anything but it is ideally used to break any existing structure and build something new in its place. Lot many construction companies depend on dozers during the initial phase of their project. Most of them prefer buying machines manufactured by Caterpillar and John Deere. However there are other players who have made their presence felt and are giving healthy competition to the pioneers thus giving rise to more innovative dozers.

Wheel Loaders:-

Wheel Loaders are primarily used to ferry huge pile of soil from one point to another. It has huge space to dump the soil which is not available in any other form of heavy equipment. It can also cover a lot of distance in less time as compared to other construction machineries that are capable of carrying debris. Therefore, a wheel loader is often used in big construction projects where the chances of accumulation of dirt is more and which can be ferried easily to the dump truck.

Dump truck:-

Last but not the least; a dump truck is also widely seen equipment on a construction site. It is basically used to carry the dirt and debris from the jobsite to the dump yard. Almost every construction company need a dump truck to do away with the huge proportion of dirt it yields on a daily basis.

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.

Used equipment can be economically viable for your company

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Buying used construction equipment or a brand new one has been the topic of debate for years. Many experts feel that one should go for brand new equipment as they are installed with latest technology and one may find it far convenient to work on a new machine than a used one. However, others share a different opinion altogether. They feel that for new construction companies, it would be rather difficult to buy new machines as that can push them towards financial debts if they are unable to pay their monthly installments. Even if they manage to buy the machine outright, there are still high chances that they may drain away all their resources and end up borrowing to meet other business requirements.

It is difficult to judge what one should be doing as decisions should be taken based on the circumstances in which a person is. Let us assume that the construction business owner has surplus reserves and will have no problem if he pays the entire money in cash. Well, in this situation, he needs to analyze if he may need to pull out anything from the surplus to meet any of his business requirement for the next 9-12 months. In case if he feels that there may be a need for him to take some cash out and by investing the money in buying equipment can lead to financial difficulties later on, he should abort his plan to buy the equipment outright. But if he sees no encumbrances then he can make his way ahead to buy the machine.

Small construction companies should primarily focus on buying used equipment as that will not cost much to them. Used construction equipment can be bought at a reasonable price which they can easily afford. Nevertheless, the drawback a used construction equipment will have is that it will not have the advanced technologies installed in it that a brand new equipment will have. This will be a bit of pain to the operator and slightly more pain if he is accustomed with operating on new machines. He may not find it convenient to operate the machine like he used to with the newer ones. But if the operator can work on both old as well as new equipment, he will only need some days to get accustomed to the older version.

The other hurdle that a small construction company experiences quite often is with managing its finances. If they are not so financially stable, then it is never recommended for them to buy a new machine. That will only increase their business debts and it takes a long time to clear them all. They also have to do a bit of research work trying to know the lender who can offer them loan at the most affordable rate of interest. Now most of the small construction company does not have the time to do any of these research works. Therefore, it is prudent that they stick to the used machines and once they feel that they are getting financially stable that they should think of going for a new one.

Used heavy equipment for sale by owner

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After putting your heavy equipment to use for years if you feel that you have to sell it off as scrap, then you have some good news to rejoice. Heavy equipment always have some or the other value attached to it and if you want to sell your machine just because you have purchased a new one which is more advanced you can be rest assured that you will find buyers for the old one. There are always people waiting to get a good deal because not everybody can afford to buy an expensive iron to complete a project. Many people who have just been introduced in the construction domain have to take care of lot of expenses and in the midst of all these expenses they just can’t afford to spend a fortune to buy a brand new machine.

At the same time, these new guys find it difficult to get new projects leave the possibility of getting big projects and therefore considering the option to buy a new machine just does not make much sense to them. It is perhaps this bunch of people who can be the prospective buyers of your used equipment. However, the most important question is how you reach them. It is virtually not possible to find them manually and you certainly need some mechanism through which you can get hold of guys who are in hunt of used machines. We will be exploring few such options.

 

Social Media is an instrumental tool:-

One can make use of Social Media to reach out to mass people and in this way he can pervade his message to the crowd at large. Well, you can make use of the same tool to reach out to guys who are in need of used machines. All you have to do is post what you intend to do; that is click some pictures of your machine and put it out on a Social Media and state that you want to sell the stuff. Anybody who is interested to buy it can contact you. This will reach to scores of people and you might be poured with messages from people. You then have to negotiate the price with them and that is it. You find a buyer for your used equipment and the guy gets the machine at a reasonably low price.

List it on online selling site:-

In a period of a decade, there have been a lot of websites that deals with selling new as well as used heavy equipment online. This has given a much needed platform to both the parties. Initially they were hugely dependent on local newspapers but that is no longer the case as the prospect can now go on to one such website and check the machine he wants to buy. Read the description and if he is O.K. with the price, make a deal out there. This also saves your time as a seller as you do not have to run around anybody and just by listing the machine online, your job is almost done. The rest gets done once the buyer pays the money to you.

Small construction companies should deploy used heavy equipment

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It is quite difficult to start up a new business and especially when someone tries to establish his business in the construction arena, it becomes all the more difficult for him. Firstly, there are many big players who have ruled the market for years and on top of that, there are many small companies who take the business that the big companies are not interested in. Now, when they see someone new coming in, they feel more uncomfortable and may try to put hurdles in your way. This is something that happens in every business but as far as the construction industry is concerned, this sort of stuff happens more often than ever. If someone is brave enough to take up this challenge, there is something harder waiting. They may have a hard time deciding if they should go for brand new heavy equipment or they should content themselves with used machines. Getting a brand new machine is no joke as it will cost thousands of dollars to buy one, may have to borrow the money.

This may really sound scary because if you lose paying up the due in time, they may impose a penalty on your loan amount which will make it a bigger sum. Just in case, you default in making payments too often, it will not only damage your credit score but you may also lose your hold over the equipment. In totality, you may have to completely shut down your business. Now, there is something simpler. Big construction companies do not tend use a machine for many years and they usually sell it off to small companies at a lower price. All you need to do is try to establish a contact with such big houses and try to buy the machine at dirt cheap price.

The above option may have some limitations. First, you have to buy anything that they are selling without even getting the time to inspect the machine. It means that you take whatever they give to you without having the power to even check if the machine is in order or not. Simultaneously, since there are many buyers like you interested to buy the item, you may know what you are buying only at the time when you are buying the equipment.  To avoid such a situation, there are platforms like online stores that sell used equipment. All you need to do is register yourself on their site and bid on the item. Try to place the highest bid and concurrently try to establish contact with the seller. Let the seller know that you want to inspect the item before you buy them. If the seller agrees to this, you can check the machine is in good order and strike the deal.

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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SAVE YOUR MONEY; GO WITH the USED HEAVY EQUIPMENT

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Sometimes, due to many reasons people cannot manage to purchase some necessary items. Well, to run a construction site properly is not a matter of joke. You need to buy suitable and essential machineries for your site. Such machines are highly expensive. Thereby, it just becomes a question that whether you can afford a big amount to buy such equipment or not. Most of the time, at the beginning, people cannot manage to pay such a big amount as they have to stick to the budget. At that time, it is good to go with the used things. It is not a bad idea to buy second hand equipment. You have to pay less and definitely get great usages from such equipment. In fact, you can manage to buy a lot of parts of machines within your fixed budget.

  • As people are continuously facing the global crisis, it has become impossible to spend too much money on some necessary items. In case of small business, they completely depend on their fixed budget. Hence, they have to buy used heavy equipment and serve their works through such machines. Used heavy equipment can provide you amazing services. In fact, there is another way out for you as well. You can rent the required equipment for your site for some days. Many big companies are also facing the crisis for last few years. To maintain their balance they rely on the renting service. It will help you to do your work within your budget.

 

  • Some land owners find it as the smartest way to save money. Well, it is actually true because you will get many used heavy equipment and also its different attachments such as backhoes, tractors and skid steer loaders within a very low price. If there is any damage in the equipment then you can repair it. However, it can work twenty four hours and give you the best service.

 

 

  • Well, you have to find out some places from where you can buy heavy machineries at cheap or reasonable price. You can search internet to find out the names of such companies. In fact you can ask some of your friends or relatives. They can definitely help you to get the detail information of such places. You can visit some local dealers; they can also guide you and give you an idea about such cases. Sometimes, some people call auction to sell their equipment. This is one of the best places to buy used equipment.

 

  • Well, it is also important to verify the machine properly that whether you can work with it or not. If it is not in good condition then you shouldn’t waste your money on it. Inspecting a machine properly is highly especially when you are going to buy it. You can definitely check its different parts to see whether it can perform well or not.

These are the few tips that you need to follow before buying heavy equipment at cheap price.

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Purchasing Used Heavy Equipment- Things to Be Kept In Mind

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When it comes to the construction industry it would be hard for anybody to deny the importance that heavy equipment in the smooth operation of the field is something that one cannot possibly overlook. And in the recent times, the use of second hand heavy equipment over brand new ones has been gaining in popularity. But there are certain things that have to be kept in mind before one actually settles for the deal.

Why Use Heavy Equipment?

The very first question that needs to be addressed in this context is why would a construction company go for used heavy equipment at all? Well, this is a point that can be dealt with quite easily. Let us first consider the start-up companies. Now, it is a widely acknowledged fact that setting up of a construction company is no mean feat. One would need quite huge amount of resources in order to accomplish this. And heavy equipment which form a major part of the working of the company are quite expensive a deal. Hence, the use of second hand heavy equipment does cut cost quite effectively. Also purchasing brand new heavy equipment in case of limited number of projects cannot really be said to be a viable alternative.

Consider Before Purchasing Heavy Equipment

Buying used heavy equipment for use in the field of construction is definitely a lucrative alternative. But there are certain things which have to be kept in mind while making a purchase of the second hand heavy equipment.

  • For one, make sure that you are completely sure of your requirement. Ensure that you have knowledge about what kind of construction equipment is required by you to serve your purpose.
  • There are a number of auction sites available online that deal with the trading of heavy equipment. In such a case, it is important to select an auction site that is quite high in terms of reliability. The same goes for the offline auction centres.
  • Another that should be kept in mind before you seal the deal is to ensure that the used equipment are in perfect working condition. You can go for a test drive to confirm the fact. Whatever be the function of the equipment, make sure that it is perfectly capable of performing those operations without glitches.
  • Another handy tip in this respect would be to check on multiple auctioning alternatives available, so that you do not lose out on the best deals that could availed at the price. Also ensure that you all the relevant papers with you once you settle down for particular heavy equipment.

Research- that is the key word for closing the best possible deal when it comes to the buying of heavy construction equipment. You have to hunt for the best alternatives that you can have in terms of auction sites, brands and the like in order to come up with equipment that could best fulfil your purpose. Therefore make it a point to have enough information about each and every aspect of the issue before you sealing a deal.