When their old equipment fails, most businesses prefer to bring in new equipment, however, there may be occasions when you’d rather buy older equipment. While it may not be all that different from purchasing a new purchase, it is a lengthy procedure. Quality, price, and buying experience are all factors to consider when looking at used equipment.
If you plan to buy used equipment, keep the following six points in mind.
Take into account your specific requirements.
Before making a final decision, consider the size, model, attachments, and capabilities of the equipment. There may be more than one solution that will meet your requirements, so do your homework. Don’t assume that something will work for you just because it worked for someone else. Before making a decision, carefully consider your requirements.
Examine the history of the equipment
Before purchasing secondhand equipment, it’s important to think about its history. Make sure there are no liens on it and that it hasn’t been stolen. Check the equipment’s title and keep in mind that if the equipment isn’t paid in full, ownership cannot be transferred from the buyer to the seller.
Make sure you have all of the essential papers to establish there are no liens. You can conduct an online search or call your bank for assistance in locating an entity that can assist you in determining whether or not the equipment is subject to liens. To avoid getting stolen items, shop with someone you can trust. Make a note of the machine’s serial number or PIN (product identification number) and contact the police department or a similar service.
Transmission fluid, engine oil, hydraulic fluid, coolant, and other fluids should all be checked. Analyzing the fluids will reveal the equipment’s current state as well as how well it has been maintained throughout time.
Dirty or low fluids indicate that the previous owner failed to follow a routine maintenance schedule. Other indicators, such as water in the engine oil, could indicate a more serious and life-threatening problem.
Equipment Operating Hours
Always keep track of how long the equipment has been in use. While it may not reflect the exact state of the construction equipment, it is a useful starting point. It’s probably a good idea to avoid equipment that’s nearing its limits, but if you’re still interested, run a fast cost/benefit analysis to see if the money you’ll save on an older machine is worth the higher maintenance costs of caring for something that’ll break down more frequently.
Check for regular maintenance on the equipment — a machine that hasn’t been well maintained and has only 1,000 operating hours is a bad buy compared to one that has been well-kept and has over 10,000 hours!
Wear and Tear Signs
Used equipment will undoubtedly show signs of wear and tear, but you must ensure that the damage isn’t extensive. Keep an eye out for hairline cracks, rust, or other deterioration that could lead to a significant equipment failure down the road.
If you have to repair heavy construction equipment, it will not only be costly, but you may also face extended downtime or the equipment being completely discarded, rendering the investment meaningless.
Accuracy
If you’re buying old equipment that contains something as important as truck scales, it’s a good idea to double-check their accuracy. If the precision of your truck scale is compromised, it can lead to errors that can harm your company’s reputation, so be sure it’s calibrated and operating at peak efficiency when you buy it.
Source: https://www.constructconnect.com/blog/6-tips-buying-used-construction-equipment
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