For manufacturing plants and other industrial facilities, few things seem better suited to help reduce expenses than when the owners find used industrial equipment for sale. After all, this used equipment can allow businesses to save hundreds — and sometimes even thousands — of dollars on an essential factory purchase. But how can you have confidence that you’re buying a quality product? The following are some of the top attributes you should look for as you compare different sellers.
1. Expertise & Experience
One of the best ways to have confidence in your purchase is to only buy from dealers who demonstrate extensive knowledge regarding the equipment they sell. When buying used industrial equipment, look for sellers who come from an industrial background themselves. This provides much-needed assurance that the company knows what to look for when evaluating which used products are worth selling.
It also helps to consider how long a used equipment seller has been in business. Companies that have been around for several decades are still in business for a reason. Such sellers typically have a strong reputation thanks to consistent quality results.
2. Fair Prices & Financing
Even when buying used, purchasing industrial equipment represents a big investment. However, this doesn’t necessarily mean you should look for the absolute lowest prices available. While you should naturally expect big savings when buying used products, be wary of prices that seem too good to be true. These are often associated with subpar equipment.
It can also be beneficial to look for sellers that offer financing for your purchase. Financing equipment rather than making a lump cash payment can help protect your working capital and keep quarterly finances in the black.
3. Streamlined Delivery
Delivery to your facility is often the final hurdle that needs to be overcome when making an equipment purchase. After you find a potential seller, be sure to investigate their shipping and delivery options. The best sellers often provide solutions for both domestic and international freight, ensuring safe transportation of your item.
Be mindful of the associated transportation costs — if you don’t choose a seller who actively strives to find the best available shipping and delivery prices, you might be unpleasantly surprised by your total expenses.
As you use these factors to narrow your search, you’ll be able to have much greater confidence when you buy from a used industrial equipment seller. By doing proper research to ensure you purchase a quality product, you will enjoy significant long-term savings for your business.