Buying a Tractor is one of the most critical decision in business especially because it involves heavy investment. A good understanding of farming requirements will help you make a right purchase decision and reap good crop & profits. Powerful tractors are also increasingly used for commercial purpose in heavy industry.
A worker is only as good as their tools, which is why it’s so important to select construction equipment that will keep projects running on time and within budget. You should always consider these factors when choosing any type of construction Equipment
Road building machinery, construction equipment, mining equipment and heavy equipment for other purposes represents a significant investment. This means that whatever type of heavy equipment you need – from bulldozers and excavators to motor graders, loaders or cranes – it's important to buy right. In other words, pay the best possible price for equipment that will perform as required, for as long as possible.
Go for the well-known and reputable brands. If you're unsure, do some research on which brands are known to be durable and reliable. Avoid brands that have been discontinued. It will be harder to get replacement parts when you need to make repairs.
Not just the purchase price, but also the price to own. Heavy equipment insurance, maintenance, and fuel costs are three important expenses to calculate before buying anything.
Larger equipment will usually get a project done faster, but it can cost more to purchase, operate and maintain. Only choose construction machines that can safely fit on the job site.
Whether buying a new or a used equipment, both have their own advantages and disadvantages. So, it completely depends on individual’s choice and preferences to opt for new or used equipment. Here are a few points to consider before coming onto one decision.
Whether buying a new or a used equipment, both have their own advantages and disadvantages. So, it completely depends on individual’s choice and preferences to opt for new or used equipment. Here are a few points to consider before coming onto one decision.
Buyer gets more choices to choose from in case of new equipment rather than being limited to what is available in case of used equipment.
New latest equipment is loaded with exciting new features and engineering improvements. However, used equipment offer limited features and specs.
Cost is very important deciding factor. The similar model of a new and a used equipment can differ drastically in pricing. New equipment is much more expensive than a used version with same features.
Depreciation rate is much faster in new equipment verses old equipment. New equipment has been known to depreciate their value by half in the first 2-3 years. If you buy a used equipment, its rate of depreciation is lesser because there’s no initial depreciation.
Resale value of a used equipment is higher than the new equipment, as there’s less difference between buying price and selling price.
If you are planning to finance the equipment, then financing rate could be better in new ones verses the used one.
When you purchase a new equipment, you know exactly what you are buying and what you will get. There’s no uncertainty about the features and you need not dig out the history of the equipment. However, when you shop a used equipment you must assure all the documents are complete and original, learn about accidental history (if any), find papers of insurance or finance, check service history or any major damage, and more information.
Buying insurance for a brand-new equipment is more expensive. Companies offer better insurance rates for a used equipment.
If you are looking forward to buying a new or used equipment there are multiple ways to choose from. Both online and offline there are different vendors who can help you get your suitable equipment. Here we go with them.
You can go to India's first marketplace Droom.in, to get your dream vehicle. Get enormous listings of used and new equipment. Droom is the first online transactional platform providing sellers and buyers with a plenty of other benefits.
Contact a dealer online or visit him personally to buy a used truck.
You can find an individual seller and contact him to crack the used truck deal.
Visit an authorized dealer to buy a new equipment. Different makers have their own dedicated dealers that offer wide selection of latest equipment.
Before choosing an equipment make sure to keep in mind the below mentioned points especially when it’s about a used truck.
The seller's credibility should be well-established. If required ask for professional references from the seller.
Get reviews of a dealer from previous customers or try finding them online if possible. This will help knowing the trustworthiness of the dealer in long run.
All original documents like RC, insurance papers, service records and more must be available for viewing and verification.
You can opt for an inspection to get a professional diagnostic report mentioning about health and condition of the equipment. Inspection done by an expert will offer an unbiased review about the equipment.
Work Hours: The age of the machine is a consideration but the work hours it has done are more important. Once equipment has been operated for more than a certain number of hours, it's inevitably more prone to failure. So, when there's a choice between similar machines, opt for the one that has done fewer work hours.
Body and Mechanics: Be sure to examine the body for welds or dents, as these clues can tell you how hard this machine was used. Weld marks on the body or a new paint job might be signs that the machine was damaged. No matter how good the repair job, this may affect the longevity of the heavy equipment. Check for leaks, any damage and signs of how well it has been looked after. If you’re not sure what to look for, it may be worth hiring an inspector to assist you.
Warranty: Try to find equipment that’s still under warranty. Lots of construction and earth-moving machines have long warranty periods, in either years or work hours.
Service history: You want to be sure that the machine has been well-maintained and regularly serviced. Ask to see the service records and query any noticeable gaps.
