What are the Advantages of Buying Used Construction, Mining & Transport Equipment?

1. What are the Advantages of Buying Used Construction, Mining & Transport Equipment? When it comes to buying construction, mining and transportation equipment, we recognise it’s a significant investment for any business. That’s why buying used equipment could save you thousands of dollars. Buying used, doesn’t mean it’s any less in quality. Here are some major advantages you should consider when looking to purchase your next piece of equipment. You’ll save money This is obviously the most beneficial advantage. Generally speaking, like cars, once any type of heavy machinery is no longer considered brand new its value decreases by 20- 40 percent.

2. There are plenty of ‘used’ machinery available for purchase that are still in great condition but simply aren’t valued as high as they would be coming straight from the factory. This savings could greatly benefit your monthly cash flow. More bang for your buck Not only will you save money, but that piece of equipment you really wanted to purchase with special features which may have been out of your price range before might not be now in the pre-loved market. You’ll also be able to still purchase the top brands on the market for the price of what you may have paid new for a different brand. Great resale value Because you’ve purchased used already, that decrease in value we spoke about in point number one doesn’t apply any more. So when it comes time to resell, depending on wear and tear, you may be able to sell for a price close to what you paid for it originally. More variety When buying new you won’t have to wait for equipment to be manufacturedand you’ll have a variety of selections available right there and now. You’ll also have access to information about the machinery and can compare against what else is offered on the market.