Whether you’re buying new or old equipment, you want it to fulfill your professional needs and last as long as possible in your operation.

Because buying secondhand equipment is such a large commitment, it’s crucial to do your homework before making a final decision. Here are 15 questions to ask when buying used heavy equipment to help you make the best decision for your company.

1. Have you been in business for a long time?

You can get a feel of your dealer’s place in your neighborhood and the breadth of their heavy equipment experience by asking how long they’ve been in business.

2. Could you provide me with a list of contractors with whom you’ve worked?

Speaking with previous customers can provide you with vital insight into what it’s like to buy equipment from this provider, as it can in most sectors.

3. How well do you know the history of the machine?

When buying a piece of machinery, it’s a good idea to inquire about the machine’s age, prior owners, and major repairs.

4. Who is the owner of this equipment?

Even if you presume the vendor owns the equipment for sale, you should always double-check. A reputable dealer will reveal who owns the equipment and show you proof that it is paid in full and has not been reported stolen.

5. How many hours has this machine been in operation?

Knowing how many hours the equipment has been in use will help you estimate how long it has left to live.

6. What Is the Difference Between This Machine and a Newer Model?
If you’re purchasing an older system, you should inquire about how its features compare to those of a newer one. Because technology evolves quickly, you may want to consider the equipment’s age if you value being on the cutting edge.
7. Have you given the machine a thorough inspection?
To save time during the purchasing process, ask your dealer to share the results of their initial used equipment check.
8. Is it possible for me to see the machine’s maintenance and service logs?
Even if some old equipment doesn’t come with maintenance and service logs, it’s worth asking for them because a well-kept machine will live longer and retain more value than one that hasn’t been maintained.
9. What is the capacity of the machine?
You need to know that the equipment will meet your expectations before you buy it.
10. Can I take it for a spin and put it through its paces with some test loads?
If you’ve used the type of equipment you’re buying before, you’ll know how it should behave when it’s in good working order.
11. Do you have any idea what the total cost of ownership is?
Inquiring about the total cost of ownership might assist you in determining whether or not this piece of equipment is a good fit for your budget.
12. Can you tell me about your financing options?
Different construction equipment financing alternatives may have an impact on your decision to buy.
13. Do You Provide Warranties?
Some used heavy equipment dealers, such as Thompson Tractor, provide warranties, however, they vary from machine to machine.
14. Do you provide parts and service for equipment that you have purchased?
You can save time and money by getting parts and services from the company that sold you your equipment.
15. Will This Machine Meet My Expectations?
When purchasing used heavy equipment, the first critical question to ask is, “Will this machine work for me?” When answering this question, think about your budget, project requirements, and personal preferences.
Source: https://thompsontractor.com/