Posts tagged "Used Industrial Equipment"

Know The Advantages of Buying Used Industrial Equipment

May 24th, 2018 Posted by blog No Comment yet

When businesses contemplate purchasing industrial equipment and machinery for their operations, they consider two options: buying new industrial equipment or used one. Most businesses opt to source new equipment under the impression that new equipment will be more efficient, easier to source and cheaper to maintain. Depending on your business needs, buying new equipment is not always the feasible or the best option.

Used Industrial Equipment

Therefore, buy used industrial machinery that are regularly listed on the secondary market at cheaper rates. Regardless, buying used industrial machinery is still an intensive process. How buying industrial equipment that looks very new is advantageous for your business.

Lower Purchase Price – With few exceptions, purchasing used industrial equipment is less expensive than purchasing a new piece of equipment. Generally, the price differentiation between a piece of new industrial equipment and a comparable used alternative will range somewhere around 30 to 70 percent. The price differentiation is largely based on the quality and condition of the used equipment.

Minimal Lead Times – While purchasing new equipment from the machinery dealer, it isn’t unusual to face long or inconsistent lead times. This can be due to several reasons such as the dealer not having certain parts or materials on hand, shipping delays, and not deploying enough staff to maintain order deadlines. On the other hand, since used industrial equipment is readily available, possession of it is much quicker, which is otherwise not possible if new equipment is purchased.

From purchase to installation, the typical lead time on used industrial machinery is two to three weeks as against the new industrial equipment where the typical lead time can be up to 6 months in many situations.

Depreciation and Resale Value – For most industrial equipment and machinery, the depreciation is at its highest during the first 12 months following a sale. After an initial drop of 20 to 40 percent in value, the equipment or machinery’s price stabilizes. If the equipment or machinery is well-maintained, and properly taken care of, its value typically remains the same for at least five years. Due to the relative lack of depreciation on industrial equipment after the first year, used industrial equipment can be resold at, or near, the price it was purchased for on the secondary market.

Where You Can Buy Used Industrial Equipment – The Internet gives you access to a number of used industrial equipment suppliers, auction platforms and marketplaces. Used machinery dealers such as Fab-Ron provide you with best refurbished industrial equipment along with comprehensive warranty on all reconditioned systems and components.

Be assured, factory trained technicians of each brand will calibrate, test and certify all reconditioned parts used in the system. Your investment and warranty are protected because the replacement parts used in the reconditioned systems are genuine and company certified.

At Fab-Ron, we are the distributor of high quality durable automated packaging, finishing and used industrial equipment. We always strive to provide the very best in service and products to meet our customers growing demands.

Buying Used Industrial Equipment – Keep These Things in Mind

October 25th, 2017 Posted by blog No Comment yet

Are you looking for some industrial equipment on urgent basis? The wise decision is to buy used industrial equipment. If you happen to buy a new equipment, you will end up paying top dollars but also often you will have to wait for the machine to be built. Used industrial machines can work in perfect coordination with your cash flow and reduce downtime.

Used Industrial Equipment

Unlike the other sellers who sell used equipment “as is”, Fab-Ron service and sell world-class used industrial machinery and manufacturing equipment to help the system keep on performing reliably. There are several things to be taken into consideration while looking for a used machine to have confidence you’re making a good investment.

  1. THE SELLER IS REPUTABLE OR NOT – The first step to follow is to buy from a reputable and ethical seller. Do your homework and select the company or broker you’re considering to buy from. There are several ways to research a seller. Look at public company records to see how long the company has been in business and what their financials look like. Look for a strong number of customer testimonials that offer specific information about the buying experience and quality of the equipment that your chosen seller provides.
  2. LOOK FOR THE INCLUSIONS – There is nothing that can stop the seller from offering pieces of equipment individually. However, when buying always make sure that everything you need to run the process is included. If you purchase rebuilt or used equipment and systems, you can end up saving up to 40% to 50% compared to the cost of new systems or parts. Your investment and warranty are protected because the replacement parts thus used are genuine and company certified.
  3. OPERATING HOURS AND AGE OF THE EQUIPMENT – Different types of machinery have different lifespans. Once the piece of equipment nears the end of its lifespan, it requires frequent repair work that may not make financial sense. Do ask the seller about the operating hours. Likewise, the car with lower mileage doesn’t last for long, same is the case with machinery. The one that has more operating hours needs more repairs. Prior finalizing the used industrial equipment, these two factors need to be taken into consideration on a priority basis.
  4. MAINTENANCE RECORD / TEST RUN OF THE EQUIPMENT – While buying the used industrial machines, make sure that the machine has been properly maintained in the past along with knowing an in-depth history of the equipment. Know how well the equipment has performed, what were the unusual problems? Has it been updated or modified? Prior selling we, at Fab-Ron, operate the machinery to ensure it’s working properly. Be assured, factory trained technicians of each brand will calibrate, test and certify all reconditioned parts used in the system.

Buying used industrial equipment is a complicated process. However, if it is bought from a reputable seller that inspects and guarantees the machinery, the task becomes much easier. With Fab-Ron, you can rest be assured that you would be given the original quality even in the reconditioned system.

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