Telehandlers For Sale in Louisville KY
Searching for a telehandler for sale in Louisville KY? National Lift Equipment is the go to company for used telehandlers for sale in Louisville KY. We offer a great selection of used telehandlers and light towers. See our inventory…
With the dramatic pace at which technology changes business owners will want to keep up with the newest versions of the products. Buying new equipment ensures you keep up with changing technology, it also means you are more productive and therefore more competitive. You will have the warranty of a new purchase, however, as you have just made a huge purchase, your cash may have taken a hit. In the construction business this many not be a viable option. What can be done with the old machinery? You can try to sell it, but how quickly can you get rid of it? As a business owner, you must assess your company’s needs to decide which is the best option for your business. You can buy new or you can consider buying used or refurbished construction equipment in Louisville KY. However, if you plan on buying used or refurbished, you should buy from a reputable company like National Lift Equipment LLC. Today many in the construction business count on National Lift Equipment when considering purchasing a used scissor lifts than any other used construction dealer in Louisville KY. Whether you are in search of a used telehandler for sale in Louisville KY or commercial generators we will take care of you.
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Should I Buy Used Construction Equipment or Rent It?
When deciding whether you should rent construction equipment or purchase used construction equipment, it is best to look at the bottom line more than anything else before you make your decision.
Make no mistake, renting can be a great decision if you only need the equipment for a one-time use, such as a project that you are unlikely to ever repeat – or at least, not any time soon. However, if you are going to need this type of machinery (whatever it is, be it a telehandler, boom lift or other piece of heavy construction equipment) often, renting may not be the most economical option.
Weighing the Price of Buying Used Construction Equipment vs Renting
There are different costs associated with buying used construction equipment and renting construction equipment. Rentals often only include the cost of the rental itself, plus any necessary insurance. This doesn’t sound like very much when compared to the cost of buying used equipment outright, which includes insurance and maintenance costs. But if you find yourself renting a piece of machinery rather often, the fees add up. Especially when you tack on repeated transportation costs.
In the time that you have been renting X piece of equipment, you could end up spending the same amount that it would cost to own a piece of used construction equipment! It’s astonishing how quickly rental costs add up, isn’t it?
The Value of Used Construction Equipment on Your Bottom Line
Brand-new construction equipment has a pretty steep depreciation rate, but after it has left the lot and become used most equipment will maintain a pretty solid value. This means that, should you ever find that you no longer need the machinery, you can sell it and get a sizeable portion of your expense back. This is simply not an option when renting equipment, because you will never end up owning it. Therefore, you’re out for the total cost of the rental – period.
Used construction equipment offers you a return on its value, as well as ample opportunities to grow your business. If it isn’t your interest to sell your equipment but rather to amass a fleet of construction equipment to tackle a multitude of jobs, you can get yourself set up with used construction equipment at a substantially lower cost than buying brand-new or renting.
So, Should I Buy Used Construction Equipment?
Nine times out of ten, buying used construction equipment is the best choice for construction contractors. Usually, you’re stuck throwing money away when you choose to rent instead of purchasing your own used equipment – there is no return on your investment. In fact, the amount that the rental takes from your project’s budget can be a pretty big hindrance.
Instead of throwing your money away, you should strongly consider purchasing used construction equipment. Whether you need it for the short or long-term, you can feel confident in knowing that the machinery will maintain its value and offer you a return on your hard-earned money.
Used Telehandler For Sale in Louisville KY
Buying refurbished equipment may not be the first choice for some, but for many small businesses, it certainly is a viable option. For one thing, the price is much more appealing to a small business owner. Much is required of you the buyer before you make this type of purchase. You have to research and be sure to buy from a reputable used construction equipment company in Louisville KY. Note that usually, there is no warranty of used machinery. This is why you must do research and if possible you might want to hire a mechanic. But most importantly, buy from a reputable company like National Lift Equipment. When you are ready to acquire a used pieces of contruction equipment, you should give is a call. We have been in business since 1990, and proudly continue to serve communities like Louisville KY by providing the best selection of used straight boom lifts for sale in Louisville KY…