Used Telehandlers For Sale in East Moline, Illinois
With the fast pace changes in technology business owners may want to keep up with the newest versions of the products. Buying new equipment means 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 finances may have taken a hit. In the heavy equipment business this many not be a viable option. What will you do with the old machinery? You can try to sell it, but how quickly can you get if off the books? As the owner of a business, small or large, you must assess your company’s needs to figure out which is the best option for your company. You can buy new or you can consider buying used or refurbished construction equipment in East Moline, Illinois. 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 NLEQ when considering purchasing a used backhoes than any other used construction equipment broker in East Moline, Illinois. Whether you are searching for a used telehandler for sale in East Moline, Illinois or compressors we go out of our way to get you a deal.
Used Telehandlers For Sale in East Moline, Illinois
Buying used equipment may not be even considered by some, but for many small businesses, it certainly is a viable option. For one thing, it’s far less expensive than buying new. 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 East Moline, Illinois. Note that usually, there is no warranty of used machinery. This is why you check the condition of the equipment and if possible consider getting the opinion of a mechanic or technician. But most importantly, buy from a reputable company like National Lift Equipment LLC. When the moment is right to buy a used pieces of contruction equipment, you should let us help you. We have been in business for over 33 years, and proudly continue to serve communities like East Moline, Illinois by providing the best selection of used cranes for sale in East Moline, Illinois…
Everyone knows that there is still a lot of used construction equipment running around since the market crash of 2007. However, if you take a second look, you will find out that the majority is nothing but the leftovers other construction companies have left behind. That is not the case at NLEQ. We stand by the quality of equipment we sell and that because every Dozers that we take as trade-in goes through a 40 point inspection more rigid then our competition to insures it is worth wearing our name. So, keep in mind if you are looking for a Push Arounds or any heavy or used construction equipment for sale in East Moline, Illinois give National Lift Equipment a call. With that said, if you are just doing research we encourage you to take a look at our blog. Where you will find a ton information about and how to buy any used construction equipment. If you are looking for the best prise on articulating boom lifts for sale you need to call National Lift Equipment…
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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.