Used Heavy Equipment and Machineries in UAE

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. 

Used heavy equipment and Machineries in UAE 

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. 

Advantages of buying used equipment and machinery from reputed dealers

• They provide reliable and near-new performance from certified Used equipment.
• Used machines are purchased from owners and then subjected to rigorous tests, overhauls, and service at the dealers’ rebuild and repair workshops to bring them to near-new condition.
• Each used heavy machinery is inspected and certified to strict OEM standards.
• Every piece of equipment is examined and goes through more than 100 inspection points covering the entire machine, right from the engine, tires/tracks, transmission, hydraulics, operator station, and overall appearance.
• Equipment servicing is guaranteed with the use of only original parts, filters, and fluids. This kind of quality control enables each piece of equipment or machine to get sold with a warranty.
• It provides an opportunity to gain a piece of near-new condition equipment at a bargain price. 

Advantages of renting  used equipment 

• Renting equipment allows a customer to access the latest technology. Also, the customer gets the right equipment for the job. 
• It eliminates the need for costly services like spare parts, breakdown maintenance, insurance, etc. The rental agreements take care of all these costs. 
• Avoids storage problems—no need to keep the equipment in idle condition. Once the work is over, the rental company takes it back. 
• Save on capital investments. Taking equipment on rent means paying only for the specific period it has been used. Hence, it avoids huge capital investment and payback period. 
• Help to save on various costs associated with equipment ownership. 
• The advantage of taking equipment on rentals is that it is off the balance sheet asset. Only the rentals are treated as expenses in the accounting books leading to accelerated depreciation and lower taxes. The customer’s borrowing power improves due to better Return on assets (ROA) and assets to liabilities ratio.    
• It helps avoid equipment obsolescence. Owing to new equipment can be costly apart from the depreciation of assets over time. OEM regularly updates the product range with new models, features, and technology. Rentals allow one to access the latest technology without going through the ownership risks.  
• The efficiency of the project work never gets compromised with old equipment or downtimes. One can access equipment on-demand from rental companies. 
• The risk of buying new equipment is high when one finds out later that it is not compatible with the job at hand. Renting avoids such situations as any equipment not performing can be returned and replaced by the right equipment. 
• Construction companies keep getting new projects, and they may not have the required equipment to do the job at short notice. Additionally, it is also not feasible to keep buying new equipment. Renting means getting the desired model with minimum upfront investment and at short notice. 

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.