Buying used construction equipment instead of brand new offers many distinct advantages -- if you do so wisely. So before you visit local construction equipment parts dealers, it's important to know how to find a supplier that's one notch above the rest. Here are just a few pro-tips for purchasing used construction equipment and walking away with a great deal.
Everybody knows that no two businesses are exactly alike, in terms of both quality and range of products and services offered. If you're unsure of where exactly to begin your search, start with some basic searches on Google and check out the companies Facebook page. Reviews posted to a business's Facebook page cannot be deleted or altered in any way, which ensures transparency and honesty in each and every review.
Plus, don't be afraid to contact the Better Business Bureau if you want to be extra safe. Located at BBB.org, the site holds and consistently updates a list of businesses with contact information and any complaints reported from consumers.
Some buyers tend to skip this step, but it's critical to assure authenticity and legality. Even though most businesses that sell heavy equipment do so well within the confines of the law, there are some shady businesses that make their profits by selling stolen equipment or equipment that they are otherwise unauthorized to sell. Fortunately, if you plan on financing the equipment, many financing companies will do a thorough check into the machinery's history, which includes whether or not it's been reported as stolen.
Finally, before paying a dime for anything, make sure to have someone with the proper credentials inspect the machinery for any aesthetic flaws or other damage. Esspecially damage that is hidden or difficult to diagnose without a trained eye. If you're buying online, this can be more difficult, so make sure the photos available provide necessary details through image quality and a variety of angles. Don't be afraid to request additional materials prior to finalizing your purchase.
Ultimately, 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. Being aware of these pro-tips can help you purchase like-new equipment without breaking your company's budget. For more information about how to purchase heavy duty machinery, contact Grand Equipment.