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Competition for used machinery can be tough and finding quality machinery at good prices can be difficult. Industrial equipment, even on the secondary market, is a significant investment. The more you know about the type, use and manufacturer of the equipment you need, the more successful you will be at getting what you want. Approach buying used machinery with the same thoroughness and decision-making processes you would use to buy new equipment.

Before shopping for your equipment make sure you create a technical design specification outlining items such as:

·    A budget that details the used machinery cost and the expected payback on your investment

·    The exact model and type of equipment you want to purchase

·    How the new equipment will integrate with existing equipment or other machinery to be purchased

·    Where the new equipment will be housed and how it will be laid-out

·    Necessary infrastructure upgrades that will be needed to run the equipment efficiently

·    Safety equipment your personnel operating the equipment might need

·    Know all the important parameters of how new machinery will work in your manufacturing environment before you approach a retailer or broker.

Check It Out In Person

No matter what a seller promises, no matter what the pictures look like, no matter how many maintenance documents they show you, go look at any prospective used machinery purchases you plan to make. Buying without first examining can be a huge mistake. The largest percentage of used machinery is not warranted and is non-returnable. If your company cannot afford to buy a brand new sheet metal fabricator, then it more than likely cannot afford to write off as a loss one that doesn't work as advertised. Go to the site where the used machinery is located and see it work.

The used machinery business is highly global in nature. Qualified, experienced brokers can play a significant role in helping you find the used machinery you need. Brokers are in the business of selling goods for others in exchange for a commission. Dealers buy used equipment from various sources, refurbish it if necessary, then place it up for sale. However, dealer selection can be limited to the stock they have on hand.

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