An established construction equipment dealer in Springfield will sell both used and new equipment. Which is best for your needs and budget? Consider the following factors before you buy SANY mini excavators in Springfield or other heavy equipment.
Factor #1 – Planned Frequency of Use
If you intend to use your new equipment daily, you may benefit from buying new equipment. If you only need to use it occasionally, consider buying used.
Factor #2 – Budget
Consider your budget, as new equipment can be more expensive than used ones. Used machinery can provide significant savings if adequately inspected and maintained before purchase.
Factor #3 – Warranty – Construction Equipment Dealer in Springfield
Factor #3 – Warranty – Some used equipment will still have limited warranty coverage. Virtually all new equipment will have an extensive warranty. Consider the benefits of the warranties available to you.
Factor #4 – Financing
Getting a loan for new equipment is comparatively easier than financing used machinery due to the resale value.
Factor #5 – Initial Costs
New equipment purchases require a higher upfront investment than used machinery, which can be a concern for companies with budget constraints.
Factor #6 – Condition
Inspect used equipment thoroughly and ensure all mechanisms are in good working condition. It’s essential to check crucial components such as hydraulics, engine, and transmission. If the machine is in poor or damaged condition, repair costs will outweigh the value of purchasing used machinery.
Factor #7 – Age
Consider the age of the machinery before you make a purchase. The age of used equipment can significantly affect its performance and the overall lifetime of the machine.
Factor #8 – Availability – Construction Equipment Dealer in Springfield
New machinery is always available, whereas used machinery can be hard to find in the specific model required.
Factor #9 – Depreciation
New machinery typically affords higher depreciation when it is purchased. Used equipment, on the other hand, will typically have already experienced significant depreciation.
Factor #10 – Adaptability
New equipment can be equipped with the latest technology that can enhance the overall performance of the machinery. Be sure that any new technologies that come with the machine can accommodate various working environments and industries.
Factor #11 – Versatility
Factor #11 – VersatilityBuying new machinery affords an increased ability to adjust to the specific needs of the project at hand.
Factor #12 – History – Construction Equipment Dealer in Springfield
Before purchasing used machinery, do proper research about the history of the equipment. Knowing the usage, maintenance records, and previous repairs can provide insight into how long the machinery should last.
Factor #13 – Emissions
New machinery typically has better fuel emissions than used equipment, which affects sustainability and a company’s environmental impact.
Factor #14 – Safety
Ensure that the machinery adheres to all safety standards imposed by the relevant authorities.
Factor #15 – Reputation
The reputation of the construction equipment dealer in Springfield you are dealing with is a critical aspect to consider. Always look for dealers with a good reputation, ensuring customers receive high-quality machinery and service.
Factor #16 – Availability of Parts
Ensure you can acquire parts for any used machinery you plan on buying. Verify that replacement parts are available, if need be, as this could be a potential deal-breaker.
Factor #17 – Usage Patterns
Consider the pattern that the machinery will be subjected to before making a purchase.
Factor #18 – Avoid Impulse Buying – Construction Equipment Dealer in Springfield
Only purchase construction equipment after considering the factors mentioned above.
Factor #19 – Transport
Factor #19 – TransportWhile purchasing used machinery can reduce the initial costs of investment, consider the cost of transportation as they may need to be moved over long distances.
Factor #20 – Operating Costs
Used machinery may come at an initial cost, but the overall operating costs, including fuel, maintenance, etc., may cost more than purchasing new machinery.
Factor #21 – Transport
While purchasing used machinery can reduce the initial costs of investment, consider the cost of transportation as they may need to be moved over long distances.
Factor #22 – Operating Costs
Used machinery may come at an initial cost, but the overall operating costs, including fuel, maintenance, etc., may cost more than purchasing new machinery.
Factor #23 – Reputation of the Construction Equipment Dealer in Springfield
Always be sure the construction equipment dealer in Springfield can be trusted.
Factor #24 – Financial Risks
Understand the financial risks of purchasing new or used machinery before making a decision.
Factor #25 – Tax Incentives
New machinery purchases may qualify for specific tax incentives that used machinery may not.
Factor #26 – Financing Options – Construction Equipment Dealer in Kansas City
Determine if financing options are available for a new purchase or if a lease or rental agreement is more beneficial.
Factor #27 – Fuel Efficiency
Factor #27 – Fuel EfficiencyWith rising fuel prices, it is essential to consider the fuel efficiency of any machinery you purchase.
Factor #28 – Insurance
Check with your insurance company about coverage for any machinery you purchase. Insurance policies will vary according to the type, model, and year of the machinery.
Factor #29 – Reputation of the Construction Equipment Dealer in Springfield
Always be sure the construction equipment dealer in Springfield can be trusted.
Factor #30 – Financial Risks
Understand the financial risks of purchasing new or used machinery before making a decision.
Factor #31 – Tax Incentives
New machinery purchases may qualify for specific tax incentives that used machinery may not.
Factor #32 – Financing Options – Construction Equipment Dealer in Springfield
Determine if financing options are available for a new purchase or if a lease or rental agreement is more beneficial.
Factor #33 – Fuel Efficiency
With rising fuel prices, it is essential to consider the fuel efficiency of any machinery you purchase.
Factor #34 – Insurance
Check with your insurance company about coverage for any machinery you purchase. Insurance policies will vary according to the type, model, and year of the machinery.
Choosing between new and used machinery when commencing a construction project depends on various factors. Always consult with your construction equipment dealer in Springfield to determine the choice that best suits your needs. New machinery provides more significant returns but can be more costly. Used machinery can provide more savings, though careful consideration needs to be given to the condition, age, and reliability of any potential purchases.
State Tractor Equipment Company – SANY Mini Excavators in Springfield
At State Tractor Equipment, we are a SANY dealer in Springfield and Kansas City. We sell new and used machinery from SANY and GEHL. Contact us if you need hydraulic service, SANY excavators in Springfield, or SANY motor graders in Springfield.
If you are still deciding whether to buy, we also offer short and long-term rentals of excavators, single drum rollers, motor graders, telehandlers, wheel loaders, and mini excavators.
Visit us at STE if you need a SANY equipment dealer in Springfield or want to see our inventory in person. You can test drive a machine, meet our team, and discuss rental and purchase options. We are here to help you find the equipment you need at a price you can afford.
State Tractor and Equipment Company Inc.
5831 State Ave
Kansas City, KS 66102
