Caring for your heavy equipment when it’s not in use it vital to helping extend its lifespan and ensure that it is effective as long as possible. This is especially true during the winter, when it may go months without being used, sometimes in less than ideal weather conditions. Construction equipment maintenance is an important part of ownership.
Before you buy heavy construction equipment, you should make sure that you have a proper place to store it when it is not in use. Harsh weather conditions can cause a rapid deterioration of your equipment if it is left outside, exposed to the elements. Ideally, you should find somewhere that is both covered and heated for the best care for your bulldozers, excavators, and other equipment.
Battery maintenance is an important part of heavy equipment maintenance over the winter. To make sure they are properly cared for, remove them from your equipment and store them in a warm, dry place. This will help make sure they are ready to go for spring, or the next time you need to use the equipment.
Buying construction equipment is a significant expense for any business, as it requires a large amount of capital to purchase, in addition to the time spent finding the right equipment for your jobs. One option that many companies consider is to buy used heavy equipment, which can come with many advantages compared to buying new.
Lower cost – The most obvious advantage when it comes to buying used construction equipment is that it is cheaper. It is estimated that once any type of heavy machinery is used, its value drops by 20 to 40 percent. Finding a used dozer for sale in good condition can give you a machine that is just as effective as a new one, but for a reduced rate.
Those savings don’t simply end at the purchase price either. When you factor in added expenses such as taxes, insurance, or interest charges on financed purchases, the cost difference becomes even more skewed in favor of used equipment. This can be a huge benefit for your monthly cash flow, which can pay big dividends. Without the pressure of a higher fixed expense, there will be less pressure to value short-term needs or long-term answers.
Your dollar goes further – Going with the same theme, you will get more bang for your buck when buying used. For example, you may have your eye on certain features for an excavator that are out of your budget when buying new, especially when it comes to the best brands on the market. In that case, your decision might be between buying equipment from a lesser brand or looking for used excavators for sale from the best brands in the industry that have all of the features you need.
Better resale value – Buying used will also help with resale value if and when you do look to move on from your equipment. Because of the aforementioned depreciation once a piece of equipment is used, your future selling price will likely be a fraction of the purchase price if you buy new. When buying used, you are already buying at a discount where the largest depreciation has already taken place, so the cost to you is smaller when you resell.
Best possible selection – Buying new can sometimes mean waiting for the equipment to be manufactured, which can often mean lengthy delays. When buying used, you will know exactly the selection you have available, giving you the best information before you make your decision. This can help you hone in on the right equipment for your needs.