5 Reasons Buying a Used Wheel Loader Is a Good Idea

The decision to buy a wheel loader gives rise to another question: new or used? Even if you’re looking for second-hand equipment, it’s still an investment.

Doing your due diligence and ensuring you purchase the right one is crucial; otherwise, you could end up wasting a lot of money. In some situations, a used wheel loader is an excellent choice, and here are some of their benefits:

1. It’s More Cost-Effective

Buying used equipment is an excellent choice for companies that need affordable machines. There are lower initial investment costs in used equipment, and despite them being in used condition, you can still get years of profitability out of them. If you buy from a reputable dealer, you can guarantee that any piece of used equipment is well-maintained, which means you can really get your money’s worth.

2. It Has Better Resale Value

Believe it or not, you get better resale value with used equipment because there is no high depreciation costs. The longer a piece of equipment has been on the market, the more its costs will settle. When its value remains steady, it will experience slower depreciation. With that, you get a better resale price in proportion to what you paid initially.

3. It’s More Operator-Friendly

A piece of used equipment is often on the market for some time; chances are that your staff is already familiar with how to operate it. As a result, your company will save valuable training time, and you will have the equipment rolled out to work sites sooner than you think. Familiar equipment ensures that you are operational as soon as possible.

4. It Comes with Reliable Warranties

Reputable used equipment dealers offer warranties for secondhand wheel loaders. The warranty will ensure you’re getting high-quality used equipment; therefore, you get some peace of mind. In fact, it’s possible you get offered multiple warranty options and packages. That way, you can find something that suits your needs.

5. It Has Lower Insurance Costs

One of the things companies try to prevent is high insurance costs, especially when buying pieces of equipment for their business. With a piece of used equipment, you can guarantee that they come with lower insurance costs because most insurers base their pricing and premiums on replacing the equipment.

When you purchase used equipment, the replacement costs are lower; therefore, you get lower insurance costs.

Now, here are some things to consider when buying a used wheel loader:

• Purpose: What kind of work are you going to use it for? Knowing its purpose will guide you in evaluating the suitability of the equipment.
• Size: The size of the wheel loader is a major consideration. For one, a small one won’t be able to lift heavier materials, while you might have a difficult time navigating a large one.
• Tipping load: This will determine how much weight the equipment can handle at its lift cycle’s maximum reach point. Determine the max tipping load you need and find one that will match this.

Used Construction Equipment is a Good Choice

Despite being used, used equipment, like a wheel loader may be more practical for many companies out there today. Now that you know the benefits of one, all you need to do is look for a reliable dealer that will deliver high-quality equipment to you.

If you’re looking for high-quality used construction equipment in the UK, we can help you here at Construction Equipment UK. Contact us today!