5 Typical Myths About Used Construction Equipment

1. 5 Typical Myths About Used Construction Equipment Heavy equipment is a critical asset in the construction business, and its contribution to various tasks is indispensable. Without heavy construction equipment, the construction industry will not function. A piece of new heavy equipment is expensive machinery, and those in the construction business require a fleet of machinery to carry out several projects. These purchases of construction equipment are thus on the pricier side. Many new or small and medium-sized construction companies do not have the annual budget for such highly capital-intensive machinery. On the other hand, there is another viable option, and that is to buy used construction equipment. Used equipment provides an excellent solution for a construction company to choose between practical day-to-day operations and managing cash flow. There are situations when specific projects demand immediate replacement of any breakdown of machines at the job site. Getting new equipment will not only be costly, but it takes several weeks for the purchase order from the manufacturer/dealer to materialize. Some construction managers or firms believe that using Construction Equipment better be avoided. The primary and common reasons are

2. Used construction equipment depreciates rapidly It is the most common misconception among construction equipment buyers and construction managers. They feel that used machinery depreciates faster as compared to new ones. The truth is new machinery depreciates most in terms of its book value; the moment it comes out of the dealer showroom. The first couple of years sees the maximum depreciation, which is why used equipment is available at a 30%-40% discount after the first two years of use. The overall life cycle of the machine depends on how it is used and maintained. It is complicated to get branded used construction equipment There is a misconception that unreliable brands are available to use the equipment. The world’s leading brands keep launching new and upgraded models of all types of construction equipment. They offer attractive exchange offers for used machinery, creating an excellent secondary market for used equipment. Many firms depreciate the equipment faster in their balance sheet and sell them only to buy a replacement new model. There is an extensive market for branded used construction equipment available at leading dealers in the UAE. Used Construction Equipment does not come with a warranty The Used Machinery in Dubai is more organized as an industry today. Most leading manufacturers have pre-owned showrooms that showcase used equipment. They offer an extended warranty on the used equipment. Even independent dealers must tie-ups with the OEM- original equipment manufacturers for the Warranty and supply of spare parts. Used equipment has defects and flaws Used equipment can never be the same as brand-new machinery. After use, there is normal wear and tear. Construction equipment that operates in challenging work environments is thus subjected to breakdowns. A used equipment’s condition depends on how the previous owners used it.

3. One can be lucky to purchase Used Construction Equipment in Dubai in brand new conditions. The used equipment dealer ensures that the equipment is well- serviced, repaired, and refurbished before selling to another customer. They also allow complete inspection of the equipment and offer certification with a Warranty and availability of spare parts. It ensures the used equipment is reliable and as good as new ones. The seller has no responsibility for the used equipment Use equipment dealers or resellers to refurbish the equipment and offer after- sales service to the new buyer. They ensure that machine conditions and any issues get disclosed to the prospective buyer. They offer inspection and valuation from the prospective buyer’s side. A reputed use equipment dealer promises support to their customers because they want to maintain a long-term relationship and goodwill in the market. Conclusion The above are the myths and misconceptions in the market and among the users of construction equipment. If you have business in the UAE, you can choose many dealers who offer reliable used heavy equipment. Buying used equipment saves one from the high initial capital outflow and saves on overall costs associated with the equipment. When purchased from reputed dealers of Used Construction Machinery in Dubai like Anwar Al Quds (AAQ), one can rest assured of well-maintained used heavy equipment. This equipment comes with quality certification backed by extended warranties, after-sales service, and the availability of genuine spare parts. Source: -https://aaqmachinery.com/articles/5-typical-myths-about-used- construction-equipment/