Tag Archives: old heavy equipment

Do not keep old heavy equipment for long – Sell them off

Podcast: Play in new window | Download | Embed

Subscribe: Apple Podcasts | RSS

To expect a re-sale value on a used commodity is not wrong but if you expect to get a good price on an item that has nothing left in it, you may become highly disappointed. When it comes to heavy equipment you will also come across people who do not believe in buying new stuff. They see profit in buying old machines, renovating them and make them new. In this way they get heavy equipment at a cheaper price. But these guys do not buy machines that are extremely old and has absolutely no use. You can’t do any modification on them nor are they compatible for installing any modern features. It is just scrap and needs to be re-built all over again. This means that the seller if tries to sell such a stuff will get nothing but peanuts.

List it in an auction site:-

There are plenty of online websites that deals with auctioning heavy equipment and its parts. You can select one such site which is popular with people and list your heavy equipment out there. Please do mention the model number and the year the machine was made. Do mention about the recent changes that you have made in the machine. For instance, if you have painted the machine or have replaced any critical part of it that needs to be stated. The members of the site should know about the improvements that you have made on the machine. It will only help them to gain confidence on you and your product.

Sell it to a friend or amongst your peers:-

This is perhaps the safest way to sell your used heavy equipment. Your friend might have a need for the equipment and he has a lower budget. You can help him by selling your stuff at a lesser price. In this way, you do not have to hang around looking for buyers when you have one next to you. Let your friend inspect the machine and if he find it worthy, he will make an offer. However, if you offer him to buy quite an old model, he might not show any interest. For that matter, nobody will show any interest if you sell machines that are way back in time. They need machines that can support the modern technology and are also less expensive.

Sell it to heavy equipment workshop:-

If you do not get any buyer for your heavy equipment, you can sell it to a guy who runs heavy equipment workshop/company. They might be interested in buying it but they will not be ready to pay you the price that you expect. Ideally, these guys are the last option that people go for and they also know that. If you have to really do away with your machine and are not getting any takers then you have to take this as an option rather to sell it as scrap. These guys will anyways pay you more than a scrap dealer.

Which one consumes more fuel – brand new heavy equipment or old heavy equipment?

Podcast: Play in new window | Download | Embed

Subscribe: Apple Podcasts | RSS

For every construction management company, it is very important to buy all the heavy construction equipment for doing the construction job smoothly. Therefore, the companies always look for the very best construction equipment. No matter what the brand is, irrespective of that, the construction companies always look for the condition of the equipment and their cost effectiveness to consider whether the company should buy the equipment or not.

What are the factors that the construction company should look for before buying heavy equipment?

As the construction equipment come at a huge cost, therefore, it becomes quite expensive for the construction companies to buy all the variety of heavy equipment. It quickly burns a hole in the pocket to buy the brand new equipment from the house of Caterpillar Inc., John Deere and many others. This is a reason why the companies shift to buying the used, second hand or old heavy construction equipment. But compromising with the condition of the equipment many times leads to a deterioration of the production or increases the maintenance. So buying the equipment which is properly working and has not been facing any frequent visits to the service center is the best option. The cab, the engine condition, the age or the date of manufacturing of the equipment and the how long the equipment can perform under heavy and continuous work load or extreme condition, are the very basic factors that the buyers should always look for. Apart from this, one of the very main factors that a buyer must consider before taking any decision is to check whether the equipment consumes a heavy amount of fuel or not. This is because any heavy construction equipment always requires quite a heavy amount of fuel consumption to run properly. As the machines have to perform for a long 10 hours a day almost without any break, the cost of fuel consumption also increases incredibly. So fuel consumption rate must be considered before buying the equipment.

Which heavy construction equipment consumes more fuel – old or new?

When talking about the average fuel consumption rate in the heavy construction equipment, approximately all the equipment consume 7 to 8 gallons of fuel per hour. As the equipment works more and becomes old, the consumption rate increases. This is because the strength of the engine weakens. With the adverse condition of the construction site and the age of the equipment increasing more, the fuel consumption rate increases up to a 10 gal/ hour rate. Therefore, on the basis of fuel consumption rate, a buyer should always buy the newer models of the equipment. However, it is also a fact that the fuel consumption rate varies among the manufacturing companies. This will reduce the other costs. So when you are up to buying the heavy construction equipment, you must consider all these factors before making your decision.