When is The Best Time to Buy Machinery?
It’s easy to assume a new piece of machinery will solve your job site challenges or be the “game changer” you’ve been looking for to really grow your business. But before running out and picking out a new machinery, let’s weigh your options and determine if now is the right time to invest in new machinery.
On and off the job site you’re trained to think about safety and liability. Assessing your current equipment is no different. If your current equipment is worn, doesn’t conform to mandated or adopted safety standards, or has become a liability due to poor reliability, then you have a sound reason to look for a replacement. Wear and tear is a significant contributor to construction equipment’s overall safety. This includes worn mechanical components, electrical failures, leaks, and rust, corrosion and physical damage.
Most new equipment has greater productivity, and operates with greater precision than predecessors, and often will include greater sensors and monitoring for preventative maintenance. With a finger on the pulse of your new equipment, you can schedule preventative maintenance during off-peak days to minimize downtime during projects, thus reducing delays.
It’s also worth mentioning, the off-lease equipment space offers great deals on recent equipment that’s been well-maintained. Buying used machinery / equipment can get you the technology and performance update you’re looking for at a great price, and depending on the machinery / equipment age, is likely eligible for attractive construction equipment financing terms.
Deciding on a new machinery outsource is not without concerns. Typically, the first concern is cost: you’ll likely have to outsource the best price that fit with your project, however with a comprehensive machinery marketplace like Popmach, looking the best machinery wont be a problem anymore. The next hurdle is training employees to safely use the new equipment. Some have adopted a regular training schedule for employees covering everything from safety to equipment operation and certification, while others rely on 3rd party standards such as OSHA’s own program, where they send employees to train and re-certify annually.
Whether you’re looking for new or used construction machinery for your business, talk to us to learn about the attractive machinery price offer from more than 600+ suppliers all across Malaysia, or simply call / WhatsApp us at +60 17-882 3278 .