As the construction industry continues to grow with the boom in infrastructure spending in the UAE, the market for used equipment and used heavy equipment sales and rentals has been quite promising. At Anwar Al Quds we have huge collection of used heavy equipment and machineries at the most competitive prices in the market.
For construction companies and individual contractors, it is always a choice to buy new or used equipment and also have the option to take them on rentals. The decision depends on the financial strength of the customer. Moreover, it also depends on the nature of the construction project. There are times when the cash flow position of the company or working capital influences the buying or renting decision. Usually, it is better to buy Used Machinery in Dubai at a much lower investment unless the contract agreement clause for the work order makes it mandatory for the contractor to deploy only new equipment and machinery at the worksite.
Many banks and financial institutions only allow funding on new assets, and exposure to used machinery is thus avoided. Hence, it leaves the customer buying used equipment on a cash basis or renting out from rental companies.
Many used heavy equipment and machineries dealers, apart from reselling the equipment, also rent them out to customers. They analyze a customer’s requirement and offer sale or rental solutions depending on the nature of work, the project term, availability of a particular type of equipment at the site, and expected usage.
A large or medium-sized construction company usually has a mix of New, used, and rental equipment in their fleet. This mix is mainly targeted to optimize their usage depending on their deployment at the different project sites and project tenure.
Considering the volatile nature of the construction industry, many construction companies avoid taking lumpsum investment exposures on new equipment. They opt for used ones that are refurbished and certified by the dealers, thus giving the reliability of a new one.
Some of the reputable heavy machinery companies in UAE like AAQ Machinery have a knowledgeable team and can guide customers on equipment and applications. They make buying used equipment easier with their certified equipment, warranties, and after-sale service.