Sell Your Equipment
FAQ > SELL YOUR EQUIPMENT
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Can I get a quote on how much my older machine / construction equipment is worth and can I trade it in?
Please contact our team and specify make, model, year, running hours, outside and technical condition of the machine. Also provide at least 3 pictures from different angles, including the interior of the machine. You can just sell it to us or exchange it for a newer model. How do we value equipment? To value the machines, you should first know the basics of the machine: make, model, year and operating hours. Apart from that, the value depends on optical (outside) condition and technical (inside) condition. An inspection report can help. Together with a couple of pictures, we are able to give you a buy-back price. I have a quotation from somebody else, is this the right price for this machine / construction equipment? With our very large stock of machines, we can help you with any pricing request. You can always ask us to have the price and conditions checked. We can even send you an alternative offer. When is the right time to sell my machines? Waiting to sell old machines will depreciate them. In other words, they will have to be sold at a lower price since they have aged even more. Selling younger machines too quickly is a difficult thing and demands a serious effort from your organization. Why? Because you need to reach a certain price level. And that will require specific customers. Finding these customers will require the necessary effort from your marketing department. And the question remains, will it pay off in the end? So... don’t sell too soon and don't sell your machinery when it's too old. I'm sure you could have figured that one out yourself. But allow me to share my experience in the market with you. The life span of a piece of equipment depends on the type of equipment. Is it the type that has a rough life (e.g. a skid steer loader in a demolition application)? Maybe its best years are behind it after 36 months. During these 3 years it will usually have been covered by the manufacturer’s warranty. You could risk using it another year, but the general advice would be to sell it before it turns 5. Making money with your old machines / construction equipment. An equipment fleet absorbs a lot of money. Such a fleet is a "hidden treasure" of possibilities. We look at it from a different perspective. To us, a fleet is more than just machines. We see re marketing opportunities. A fleet reorganization will allow you to use the money you make selling your old equipment for reinvestment in equipment or for down payments for other investments. Selling your old (intensive care) machinery is not the only possibility. Machines with a low number of operating hours on the hour meter are often better sold than kept (disinvestment). After all, they will just cost you money. Selling your obsolete machinery will generate cash flow. You might even have machines in your fleet that came in a merger or an acquisition. Many different makes of machinery make your maintenance program complex and will require a larger spare parts inventory at a higher cost. Limit the number of makes. Sell them and make money instead! As the fleet manager of your company you can make a considerable amount of money. |
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