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How used machinery can maximize its value

2022-07-20

      The resale value of construction machinery and equipment will not only be affected by the brand, usage time, off-peak season or economic environment, but also the “energy” invested by the owner before the old equipment is sold.

 

      1. Improve the maintenance service history

 

      Always maintain a complete service history of the machine, showing the service completed and when, including which components or parts were replaced. Service history helps you demonstrate the condition of your machine, reflecting its age and hours. This is especially important if you're selling a machine that has a lot of construction hours but is actually in good condition. For example, an excavator with a working time of 8,000 hours may seem to have "goed through the vicissitudes of life"; but if it has just been "reborn" not long ago, and the chassis and other key components have been repaired or replaced, then the actual value of the machine is also It will be a huge increase, and it will also sell for a better price than other devices with the same 8000 hours when resold.

 

      2. Keep the appearance neat and clean

 

      The buyer's initial impression of the machine is very important, so before selling it, it is best to spend some time cleaning the machine to ensure that all sheet metal parts (appearance steel plates) are straight; Can significantly increase the resale value of the machine. But be careful, the touch-up should be the same color as the original paint, otherwise the result may be counterproductive, not only more obtrusive, but also give buyers the misunderstanding that you are trying to hide some flaws. Also, don't paint black parts like coils, springs, or hoses, as that's also a good sign that you're trying to hide some invisible "hard damage." Don't do too much unnecessary stuff - simple, uniform tinkering on a clean machine will do, overkill and counterproductive.

 

      3. Make sure the cab is clean and the operator console is functional

 

      A clean, well-functioning cab can show buyers that the owner/operator is keeping the machine well-maintained. First, make sure the cab is thoroughly cleaned and wiped clean. Also, you need to check all the switches to make sure each one is working properly. If you encounter a problem, replace or repair it immediately. Finally, don't forget the seats. A seat assembly can be expensive, so make sure it works and adjusts properly, or you may have to deduct that from the resale value.

 

      4. Make sure there are no leaks in the lines

 

      Check whether the whole machine has "running, running, dripping, leaking" and other phenomena, if any, repair it immediately. Even if it's not a serious leak, buyers who see it are likely to think that there is a bigger problem with the machine than the "leak".

 

      5. Replace new parts in time

 

      Replacing some parts of the machine might seem expensive upfront, but if you can pay for it (or even make a profit) when you sell it, it's well worth it. For example, it is not uncommon for the back door of an excavator to be smashed during demolition operations. It can cost a lot to replace it, but if you choose to replace it before resale, it will make you several times more profitable.

 

      In short, machine quality aside, making sure your machine looks good, clean and in working condition can help you increase your resale value; and having a repair service history can help you prove when you resell a machine that every buyer spent Every penny has a trace


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