1.
Price: When purchasing equipment it is possible to
realize a savings of 30% - 80% in the cost of used versus new machinery. This reduced price translates into less cost
associated with each part that machine produces and hence, more profit. This allows a shop to be more profitable or
quote their jobs more competitively – either way it means can mean a healthier
company.
2.
Availability: New equipment (especially larger pieces)
is often not available immediately and sometimes may be three to nine months
out before it can be delivered. If good
used equipment can be located, it is typically available right away and can be
installed and making parts within days.
3.
Reliability: Good used equipment has often been
making quality parts for years and its capabilities are known and
documented. New equipment that has not
been proven can sometimes be unable to perform as represented.
The bottom line is that
purchasing Good Quality Used Equipment can many times be a great business
decision. The key is to make certain
that the equipment you purchase is represented properly and meets your
expectations. That will be the topic of
next week’s Blog…..
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