Don’t overlook good-quality used machinery for
your business needs
When buying equipment for your business, there are several steps you would take. First you’d most likely consider your needs and your budget… then follow that up with some online research. Next you visit a few showrooms to compare models; and then you stress over the advantages of long-term leasing versus purchasing outright, and weighing cash-outlay and amortization issues. It can become one big headache.
But it doesn’t have to. Because when you’re looking into purchasing equipment for your business, there’s one option you should never overlook: used machinery.
You can get good-quality used machinery for a fraction of what it would cost to buy new. From backhoes, bulldozers or other construction equipment to grinders, compressors and lathes, purchasing surplus machinery can be a smart business decision. Aside from your lower initial cost, you don’t run into the depreciation issues new-equipment buyers face. Let’s fact it: As soon as they drive that shiny new backhoe off the lot, the nearly $80,000 they’ve laid out for that brand-new equipment just doesn’t seem worth it, considering the backhoe’s depreciation value. And really, if you can buy a perfectly good used backhoe for about $40,000, does it matter if the paint looks faded or there’s a dent in the door?
Purchasing pre-owned or surplus equipment makes sense – especially if you run a small business and don’t have excess capital. You need to get the job done, without spending a lot of money.
Plus, with used machines, you get the added bonus of getting to speak with the previous owner or equipment broker, to find out about the machine’s functionality and its service history. A broker can also provide a “condition report” from a field-specific technician who has personally inspected the equipment for purposes of documenting its condition.
But where can you find used machinery?
Often, as companies grow, their production needs sometimes outstrip their equipment’s capabilities. That means bringing in machinery to accommodate extra output… so their existing equipment – which is still in perfect working order – is no longer needed.
But now, with new machinery in place, running at peak performance and churning out red widgets at the blink of an eye (to meet growing international demand)… nobody at Jack’s Red Widget Emporium has time to consider what to do with the surplus widget-making equipment that’s shoved into a corner of their warehouse, beneath a tarp.
But it doesn’t have to. Because when you’re looking into purchasing equipment for your business, there’s one option you should never overlook: used machinery.
You can get good-quality used machinery for a fraction of what it would cost to buy new. From backhoes, bulldozers or other construction equipment to grinders, compressors and lathes, purchasing surplus machinery can be a smart business decision. Aside from your lower initial cost, you don’t run into the depreciation issues new-equipment buyers face. Let’s fact it: As soon as they drive that shiny new backhoe off the lot, the nearly $80,000 they’ve laid out for that brand-new equipment just doesn’t seem worth it, considering the backhoe’s depreciation value. And really, if you can buy a perfectly good used backhoe for about $40,000, does it matter if the paint looks faded or there’s a dent in the door?
Purchasing pre-owned or surplus equipment makes sense – especially if you run a small business and don’t have excess capital. You need to get the job done, without spending a lot of money.
Plus, with used machines, you get the added bonus of getting to speak with the previous owner or equipment broker, to find out about the machine’s functionality and its service history. A broker can also provide a “condition report” from a field-specific technician who has personally inspected the equipment for purposes of documenting its condition.
But where can you find used machinery?
Often, as companies grow, their production needs sometimes outstrip their equipment’s capabilities. That means bringing in machinery to accommodate extra output… so their existing equipment – which is still in perfect working order – is no longer needed.
But now, with new machinery in place, running at peak performance and churning out red widgets at the blink of an eye (to meet growing international demand)… nobody at Jack’s Red Widget Emporium has time to consider what to do with the surplus widget-making equipment that’s shoved into a corner of their warehouse, beneath a tarp.
That machinery could be doing a smaller widget shop some good… if only Jack knew of someone who needed his surplus machinery.
You need a widget-making machine… and Jack has a perfectly serviceable widget-making machine he doesn’t need anymore. If only there was a way to get the two of you together.
Nowadays, with the availability of just about anything you could want at your fingertips, courtesy of the Internet, surplus machinery is no exception. Type “used machinery sales” into Google and you’ll end up with 256,000 results. Well, that’s great, but how do you know you’re getting a piece of quality machinery from a reputable dealer?
That’s where a broker comes into play. A commissioned broker helps you safely navigate the waters of used-machinery procurement without getting gobbled up by circling sharks. A broker brings buyers and sellers together. And a broker earns no payment until the sale (one that satisfies the buyer and the seller) takes place. The buyer pays broker’s fee, as a percentage of the final price – just as an auction house gets a percentage for its services.
The used-machinery brokering experts at Greasy Machines work to match owners with prospective buyers who are looking for a particular piece of equipment. They currently have in excess of sixty different categories of used equipment available for sale. Check them out at on usedcncmumbai.com before you make your next surplus-machinery purchase.
You need a widget-making machine… and Jack has a perfectly serviceable widget-making machine he doesn’t need anymore. If only there was a way to get the two of you together.
Nowadays, with the availability of just about anything you could want at your fingertips, courtesy of the Internet, surplus machinery is no exception. Type “used machinery sales” into Google and you’ll end up with 256,000 results. Well, that’s great, but how do you know you’re getting a piece of quality machinery from a reputable dealer?
That’s where a broker comes into play. A commissioned broker helps you safely navigate the waters of used-machinery procurement without getting gobbled up by circling sharks. A broker brings buyers and sellers together. And a broker earns no payment until the sale (one that satisfies the buyer and the seller) takes place. The buyer pays broker’s fee, as a percentage of the final price – just as an auction house gets a percentage for its services.
The used-machinery brokering experts at Greasy Machines work to match owners with prospective buyers who are looking for a particular piece of equipment. They currently have in excess of sixty different categories of used equipment available for sale. Check them out at on usedcncmumbai.com before you make your next surplus-machinery purchase.
