While some companies prefer going for brand new equipment when the need arises to replace the old ones, there may be some times that you may need to buy used equipment. Buying used equipment helps you save on cost, but it could sometimes be more stressful and time-consuming process compared to buying a new one.
There are some things you need to look out for when looking to buy secondhand equipment, including heavy machinery. This includes the quality, the price and buying experience. In this article, I will be showing you the top five tips to help you make the most out if your investment when looking to purchase used equipment that will serve.
#1: Check If It Has the Exact Requirement That You Need
Check the size of the equipment, its model, capabilities, and attachments before you make a decision. Sometimes, there may be more than one option that satisfies your needs. In that case, make sure you do thorough research before making the final decision. That an equipment works well for the previous user doesn’t mean it will do the dame for you. So, take your time to carefully analyze your requirements before making the purchase.
#2: Update Yourself About Equipment History
If there is anything you need to carefully put into consideration when buying used equipment is the history of such equipment. Make sure the buyer is the genuine owner and not stolen equipment. Make sure there is full payment on the title of the equipment or else, it cannot be transferred to you. A good way to determine this is to check the documentation of the equipment.
Internet has made things easier. You can conduct a check online or contact your bank to run a background check on the equipment to know if there is a lien against it or it’s stolen. You can also get the PIN or the serial number of the machine and send to the police department to also help you do some investigation. When it comes to matters like this, you can’t be too careful.
#3: Check the Operating Hours of The Equipment
You need to know how long the used equipment has been used and how long it can operate. Even though this may not be enough to confirm if the equipment is in good condition or not, it is definitely a good place to start. It is not advisable to buy construction equipment that can barely work for a couple of hours.
However, if you still feel like buying such a machine, this is what you should do. Do a quick cost/benefit calculation to determine if you can realize the money invested into buying the used machine or you should just go for a new one once and for all. If the maintenance cost will be too much, then there is no point buying it. Who will want to buy a machine that will break down more often?
However, don’t forget to regularly conduct maintenance on the equipment as that will help it serve you longer.
#4: What About the Fluids?
You also need to check some fluids like transmission fluid, hydraulic fluid, engine oil, coolant, and so on. The fluid present in the equipment can help you better understand the present condition of the machine and how well it was maintained over time.
If you find the fluids to be low or dirty, it simply means that the previous owner has not bee able to follow a standard maintenance schedule. You can also look out for water in the engine as that can also be a sign of a more critical issue.
If your secondhand purchase includes important things like truck scales, you may need to check your trust scales for accuracy. If the precision of the truck is having issues, it can cause errors that can adversely affect the reputation of your business. So ensure your truck scale is well calibrated and works at optimal efficiency as at the time you are buying it.
Before I close the article, this last point will also help you a lot. And that is always watching out for signs of wear and tear. Although it is normal for used equipment to have some signs of wear and tear, you need to check if it is not anything major. Check if you can find any hairline cracks, rust or other damages that may cause a major breakdown in the nearest future.