While getting a second-hand equipment seem to be a cost-efficient way to get the job done, without proper research and know-how, you could end up paying more for what you got. Worse, you’ll only learn the mistake when the ink is dry on the sale contract. Yikes.
Getting a new crane is a huge investment. If you’re thinking of getting a second-hand equipment, here are the things you need to consider to avoid getting a lemon. A very big lemon, in this case.
In defining your budget, you need to do some research on the average cost of used cranes. Many overlook this process in their search, mainly because they are already given a range for the total project cost or they just landed a huge contract. Through research, you can better come with a set budget for a second-hand construction vehicle and arrive at the best possible final decision.
Hiring an independent inspector who specializes in used cranes can be an important investment. Remember, you will be using this vehicle for your business so it is important to get it inspected to avoid buying a lemon.
The Machine’s History
While environmental factors affect second-hand equipment, you need to inquire about the machine’s history before making a purchase. The application and geographic location history of the equipment are just as important as the model and original tag price.
Previous Reported Accidents
When doing your research on the second-hand crane’s history, look into any reports of accidents or repair damage made by the manufacturers.
An independent crane inspector can help you determine if the second-hand vehicle is worth its price as is. However, if it needs several repairs, then you might be better off buying a new one.
Create an acquisition plan that involves research before making that purchase. Whether you are buying your first crane or replacing a new one, use these factors to come up with the best possible decision and get the most out of your money.