5 Myths About Used Construction Equipment
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Heavy equipment is a critical asset in the construction business. It contributes to various tasks so it is indispensable. Without heavy equipment, the construction industry will not function.
A piece of new heavy equipment is expensive. Those in the construction business need many machineries to carry out several projects. These purchases of heavy machinery are thus on the pricier side. Many small and medium sized construction companies do not have the needed budget.
So, there is another viable option, and that is to buy used construction equipment. Used equipment is a solution for a construction company to manage cash flow. Buying used also helps with the practical day-to-day operations.
Sometimes, there are situations that demand immediate replacement of machines at the site. This is due to sudden functionality problems or certain breakdowns .
Getting new equipment will not only be costly, but it takes several weeks. It can take at least around 3-4 weeks, if everything goes right. This is the time it takes for the order from the manufacturer/dealer to materialize.
Some construction managers believe that pre-used machines will cause more damage than help. So for them it’s better to avoid it. But, this is not true. Pre-owned machine works just as well on a construction site
The primary and common reason for that is they believe arguments and stories that are only myths.
The top 5 being:
1- Used construction equipment depreciates fast
The most common misconception among used materials is that the value depreciates rapidly. In many articles, buyers and construction managers are not endorsed to buy second-hand. Discouragement to buy is for all types of heavy machinery.
This is the main argument used to scare people from investing in pre-owned. They depreciate faster as compared to new ones.
The truth is, new machinery depreciates most in terms of its book value. The moment it comes out of the dealer showroom. The first couple of years sees the most depreciation. This is why used equipment is available at a 30%-40% discount after the first two years of use.
The overall life cycle of the machine depends on how it is used and maintained.
2- It is complicated to get branded used construction equipment
There is a misconception that unreliable brands are the ones dominating the used markets. However, this is not the case. The world’s leading brands are also in the second hand market. As they keep launching upgraded models of all the heavy equipment, older models tend to be re-sold.
They offer attractive exchange offers for used machinery. This way it creates an excellent secondary market for used equipment.
Many firms depreciate the equipment faster in their balance sheet. They do that to re-sell them to buy a replacement new upgraded model.
There is an extensive second hand market for branded good quality equipment. They are available at leading dealers in the UAE. One of them being Anwar Al Quds.
3- Used does not come with a warranty
The Used Machinery in Dubai is more organized than any industry today. Most leading manufacturers have pre-owned showrooms that showcase used equipment. They offer an extended warranty on the used equipment.
Even independent dealers must tie-ups with the OEM- original equipment manufacturers. This is for the Warranty and supply of spare parts.
4-Used equipment has defects and flaws
Used equipment can never be the same as brand-new machinery. After each use, there is normal wear and tear. Machinery used for construction sites usually operates in challenging work environments. This is why it is subjected to breakdowns. A used equipment’s condition depends on how the previous owners used it.
You are lucky to find Used Construction Equipment in Dubai in brand new conditions. Finding used equipment means you get a functioning equipment at a lower price. The dealer ensures that the equipment is well-serviced and repaired before selling it.
They also allow complete inspection of the equipment.
You’ll also receive a certification with a warranty and availability of spare parts. It ensures the used equipment is reliable and as good as new ones.
5-The seller has no responsibility for the used equipment
Resellers refurbish the equipment and offer after-sales service to the new buyer. They ensure that machine conditions and any issues get disclosed to the prospective buyer. They offer inspection and valuation from the prospective buyer’s side.
Most importunately, A reputed dealer promises support to their customers because they want to maintain a long-term relationship. A reputed dealer relies on his goodwill in the market.
If you have business in the UAE, you can choose many dealers who offer reliable used heavy equipment.
Buying used equipment saves you from the high initial capital outflow. It helps you save on overall costs associated with the equipment.
Focus on buying from reputable dealers of Used Construction Machinery in Dubai. For that, you’ll get well-maintained equipment.
This equipment comes with quality certification backed by extended warranties. There’s also After-sales service and the availability of genuine spare parts.
What are the equipment you can buy?
Some equipment are:
Here are some articles that might interest you:
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5 tips that will help you choose the best used heavy equipment
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Five questions to ask before purchasing used heavy equipment
- Heavy Equipment in the UAE: Where Can I Buy it?
- How to reduce the costs of equipment acquisition?