Tag Archives: used machinery

Rent your used heavy equipment

It is pointless to acquire an asset and make no use of it. As long as the asset is of some use to you or generates some sort of income it can be called as an asset but the moment you keep the stuff without gaining any monetary benefits in return or do not use it at all it no longer remains an asset and has every chance to turn into a liability. Heavy equipment is a much needed requirement in the entire construction sector. However, you do not need one machine to do all types of work. This means that once your need is done with the heavy equipment it will remain idle for months. The best way to generate income of the idle machine is rent it out to people who will make good use of it and will also pay you money for using the machine. You will come across lot many people who will be ready to pay you handsomely for using the heavy equipment. It is because no one wants to spend a fortune in buying a machine and then keep it idle once they see the use of it is over.

The market to rent used heavy equipment is big. You have multiple avenues through which you rent your heavy equipment. You can catch hold of a broker or a company that deals with renting heavy equipment, list it online on heavy equipment portal or simply check out on your own and see if you get hold of someone who is interested to use heavy equipment on rental basis.

Heavy equipment broking companies:-

These companies deal with buying dilapidated heavy equipment and then refurnish it by changing its vital parts and once that is done they either sell it off to new customers or let-it out. They buy those old heavy equipment at a comparatively lower price and give it a new life by changing the entire look of the machine and adding few additional features thus also increase the price of a completely junk item. Once that is done they do not see hassle in letting it out to small construction companies. These guys can be approached if you want to let out your heavy equipment. The machine need not be with them but you can hand over the pictures of the stuff to them and they in turn will find the guy who wants it on rental basis.

List the heavy equipment online:-

There are plenty of online portals available that deal with letting out heavy construction machineries. They charge a nominal fee to provide the online service. All you have to do is list the machine after putting some pictures of it on the portal. Provide your contact details so that interested prospects can reach you and come to inspect the machine at a time convenient to you. If they like to go with it, you should prepare an agreement that would state all the necessary clauses and should be signed by all the parties.

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Used heavy equipment for sale by owner

After putting your heavy equipment to use for years if you feel that you have to sell it off as scrap, then you have some good news to rejoice. Heavy equipment always have some or the other value attached to it and if you want to sell your machine just because you have purchased a new one which is more advanced you can be rest assured that you will find buyers for the old one. There are always people waiting to get a good deal because not everybody can afford to buy an expensive iron to complete a project. Many people who have just been introduced in the construction domain have to take care of lot of expenses and in the midst of all these expenses they just can’t afford to spend a fortune to buy a brand new machine.

At the same time, these new guys find it difficult to get new projects leave the possibility of getting big projects and therefore considering the option to buy a new machine just does not make much sense to them. It is perhaps this bunch of people who can be the prospective buyers of your used equipment. However, the most important question is how you reach them. It is virtually not possible to find them manually and you certainly need some mechanism through which you can get hold of guys who are in hunt of used machines. We will be exploring few such options.

 

Social Media is an instrumental tool:-

One can make use of Social Media to reach out to mass people and in this way he can pervade his message to the crowd at large. Well, you can make use of the same tool to reach out to guys who are in need of used machines. All you have to do is post what you intend to do; that is click some pictures of your machine and put it out on a Social Media and state that you want to sell the stuff. Anybody who is interested to buy it can contact you. This will reach to scores of people and you might be poured with messages from people. You then have to negotiate the price with them and that is it. You find a buyer for your used equipment and the guy gets the machine at a reasonably low price.

List it on online selling site:-

In a period of a decade, there have been a lot of websites that deals with selling new as well as used heavy equipment online. This has given a much needed platform to both the parties. Initially they were hugely dependent on local newspapers but that is no longer the case as the prospect can now go on to one such website and check the machine he wants to buy. Read the description and if he is O.K. with the price, make a deal out there. This also saves your time as a seller as you do not have to run around anybody and just by listing the machine online, your job is almost done. The rest gets done once the buyer pays the money to you.