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The global construction equipment market is estimated to be worth approximately $145.5 billion, and in the U.S. alone there are around 7.8 million construction industry production workers. This means that the demand for construction equipment is higher than ever. But before you purchase any piece of used construction equipment, you need to know the pros and cons that come with a permanent sale over a temporary rental agreement.

If you're trying to save money by purchasing pre-owned heavy equipment, here are some common myths about used heavy equipment sales.

  1. Myth: Buying used construction equipment doesn't always save you money in the long run.

    This is a common myth that probably originated with companies that only distribute new equipment. The fact is, like buying almost any vehicle, buying used heavy equipment instead of new is an effective and financially efficient way to get your company's needs met without spending unnecessary funds. Plus, like vehicles, new equipment starts to depreciate in value the moment it leaves the lot. You're typically better off buying pre-owned equipment -- as long as you work with a reputable dealer.

  2. Myth: Used constructed equipment is not properly maintained and arrives worn out.

    While it's not always possible to determine the treatment the equipment was given by its previous owners, it's sufficient to say that all reputable construction companies treat their equipment with a high caliber of care. Plus, the best heavy equipment salesmen are professionals who can always tell whether or not the equipment is in working order. If you have any questions about the condition of the equipment, don't make a purchasing decision until you have satisfying answers.

  3. Myth: Most used construction equipment retailers don't offer a wide range of products.

    Again, as long as you work with a reputable dealer, this is completely untrue. While selection inevitably varies from retailer to retailer, most large businesses offer quite a wide range of products or are willing to help you find what you need. At Grand Equipment, we take pride in offering high quality, pre-owned inventory that includes a large number of new and late model heavy equipment for sale

Ultimately, it's important to be able to determine fact from fiction in order to get the equipment your business needs for the price you can afford. For more information about heavy equipment sales in Michigan, contact Grand Equipment today.

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