Did you know that when obtaining heavy machinery, you actually have four options? You can buy them brand new, lease them, rent them, or purchase them secondhand. Now, you’re probably aware of all the advantages of having your own construction machinery, but if you don’t have enough working capital, it’s best if you buy secondhand equipment.
However, before you start scouting for used heavy equipment for sale in the Philippines, let me first enumerate the advantages of purchasing your machinery secondhand.
- It’s relatively cheaper compared to obtaining the machine brand new.
- You will only have to think about the cost once, unlike renting or leasing them.
- The machine will be available for your use 24/7. No need to queue just to be able to utilize it.
- You get to enjoy tax deductions and other financial benefits.
- You can sell it when you no longer have any use for it.
Now that we have listed the benefits of owning used construction equipment, let’s discuss the basic tips that buyers need to follow if they decide to acquire secondhand machines.
- Find a Reliable Construction Equipment Dealer
The first thing you have to do when buying used equipment is to look for a reliable dealer. With so many people offering bogus and malicious deals these days, buyers need to be extra careful when purchasing things, especially when it’s costly, just like heavy equipment. In order to determine whether a dealer is trustworthy or not, be sure to check feedback and reviews given by their previous customers and clients. It’s also ideal if you examine their public records, such as their financial statements; it can tell you a lot about their performance as a dealer.
- Check the Safety Features of the Machine
When not properly used, construction machines can cause accidents to happen inside the workplace. To ensure that heavy equipment will not create any havoc in the workplace, a number of safety features have been installed by the manufacturer. When buying used equipment, see to it that all its safety features are still in good working condition and are properly functioning. This includes the seat belt, all the lights, the emergency brakes, etc.
If the safety features of the machine are broken and aren’t working properly, then don’t buy it. With plenty of accidents happening due to malfunctioning equipment, you surely would not want to jeopardize the safety of your workers just to lessen the cost of acquiring machinery.
- Learn the Reason Why It is Being Sold
Next on our list is to find out why the machine is being sold. It is critical that you ask your dealer for the reason behind the sale. If the machine is being sold because the previous owner is planning to upgrade his construction machinery, then you’ve got nothing to worry about. However, if the reason for selling is because of performance and mechanical issues, then think twice before you purchase the machine.
- Inspect the Machine Thoroughly
Since the machine that you are obtaining is already used, you have to be extra careful in examining it. Observe any dents, scratches, missing or broken hardware, welds, corrosion, bends, or anything that gives an indication that the machine is not in good working condition or that it has been overworked.
Additionally, check the tires or the rollers of the machine; see to it that all of them are of the same size. For rollers, inspect any cracks and welding visible and ask an expert how much it will cost for you to get it repaired. Examine the machine for any leaking fluids as well. Heavy equipment producing smoke can be considered as a red flag, too.
Apart from leaking fluids and an engine that produces plenty of smoke, be sure to also check the coolant of the machine, strange noises that it may be making, and any sign of poor maintenance.
- Do a Test Drive
And last, but not the least, ask the dealer to let you do a test drive. This will provide you with an overall feel as regards the condition of the equipment. Now, when doing a test drive, you have to be vigilant in ensuring that the engine starts properly. A no-start or hard-start engine is already a bad sign and a clear indication that something is wrong with the machine.
If you do not know how to operate the machine, take along with you an expert operator who can also help you decide whether or not the equipment is a good deal.
When buying secondhand equipment, the most important thing you should consider is the condition of the machine. You will not want to purchase defective equipment. Follow these purchasing tips in order for you to get the best deal.