Used Machinery Buying Guide

Introduction

This article is intended as a general guide for anyone evaluating machinery of any kind for purchase or even for sale.

Evaluating machinery is part art and science.

The art involves determining if the good news outweighs the bad news both in terms of the capability of the machinery and the cost for bringing it to operating standards.

If only machinery came with a tag that explained:

“My belts are worn out and of an odd specification that is impossible to replace.

My motor requires 440 VAC/ 50 Hz, my control panel wiring is all aluminum and ready to break, the pneumatics are worn out and never were drained or oiled, all of my hydraulic components are leaking with a cavitating pump, and best of all, my computer system uses a custom software package with the last sighting of the programmer on a flight to Cabo.

But at least I am a good deal!!"


We are usually not so lucky to find either machinery or the owner of it revealing all of the “challenges” (repair nightmares!) we will have getting the machinery operating as promised.

After buying and selling machines of all kinds through the years, the main lesson is buy with research into the brand and a check list for the specific piece of equipment you are evaluating.

Buying a good, solid brand with support conquers half the problems you could face.

I've created a checklist that will go a long way towards conquering the other half of the potential problems.

At the very least, you will get a sense of the repair requirements, if any, and the costs involved before committing to purchase.

Good shopping!


Sometimes the low price for used equipment, will be expensive in the end. Or it could be the deal of a lifetime!

Analyze the Costs and Benefits of Buying Used vs. New Machinery

  • Production rate used __________vs. new__________
  • Change over speed used________ vs. new__________
  • Production customization used__________ vs. new__________
  • Repair time (estimate after completing all pages)__________
  • Repair costs (estimate after completing all pages)__________
  • Downtime for repair (estimate after completing all pages)__________
  • Lost production (estimate after completing all pages)__________
  • Production speed of used__________ versus new__________.
  • Training time required for used__________ vs. new__________
  • Installation specialists used__________ vs. new__________
  • Spare part availability used__________ vs. new__________
  • Modifications for customizing not available used__________?
  • Integrating used __________vs new__________technology (for SCADA operations)
  • Purchase cost used__________ vs. new__________
  • Financing for used__________ vs. new__________ - Both can be leased.
  • Maintenance contracts used__________ vs. new__________
  • Maintenance knowledge used__________ vs. new__________(personnel training req? Y/N)
  • Safety standards / guards used__________ vs. new__________(Upgrade? Y/N)



You can download full version of the "Used Machinery Buying Guide" by claiming it at the right side of this page. 

Go and get it NOW it is FREE!!!

The Guide was prepared by StripMetalCoilProcessing.com and MachineSaleX.com groups.

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Some Cool FREE Stuff....


1

Would you like a Free Report that shows
you exactly what to look for when buying
used machinery? 

My Free Report is 34 pages packed with

strategies that will help you avoid getting
a “lemon” and methods for saving thousands
of dollars. 

  • Cost-Benefit of Used vs. New
  • 18 Key Points to consider when comparing used versus new equipment.
  • 11 Inspections You MUST Do
  • A Checklist for 11 Inspection Types that you HAVE to do or risk getting burned.
  • Comparing Domestic vs. Foreign

Get Your Free Report Here


2

Consulting

Are you looking to buy or sell a piece of used equipment but are hesitant to take the next step? 

I have two decades of experience that I can share with you.  To schedule a consultation with me, simply email or call me and I will set a time with you to discuss the details 

email: gregk@stripmetalcoilprocessing.com

or call direct:

Office: 1-888-394-0181

Mobile: +1-905-334-9282

You can also contact me by filling out he contact us form below


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3

Free Machinery Listing

Do you have a piece of used machinery you would like to sell?  MachineSaleX.com can
help find you a buyer. 

Clear floor space and put some cash into your bank account.  Posting your equipment is quick
and easy.  Click here to advertise your, company, service or equipment.




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