What You Need to Know When Acquiring Machinery
“Value” should replace “Price” when it comes to acquiring machinery, here is what astute buyers should consider
- Original Quality – machinery which is built to last and well-designed on many levels is optimal. Aside from ease of maintenance, parts availability and dealer support – one major factor should be operator comfort – ergonomics – which serves owners well without increased production and a machine likely to be maintained well by a content operator.
- Acquisition Costs – the initial purchase price, delivery logistics and nationalization costs all factor when buying a machine for import into your Country. While currency exchange rates and local economic issues also play a role, buying assets when the “market of origin” offers special deals is key: be flexible and study the source economy and availability machines with your trusted source
- Intent and Use – The working application and expected hours the buyer will use the machine is critical when making intelligent choices. Machines of lesser “original quality” may be the best decision and justification for an owner who will use the machine sporadically. Conversely, a project or application implying high-usage in a production environment calls for a solid machine with a reputation for “uptime”
- Fuel Economy – on a daily basis owners observe and manage fuel and operating costs. Machines which use less fuel for the same work when compared to competitive models demonstrate quickly why upgrading to a more fuel efficient machine should always be a consideration. Many owners never consider that fuel economy can vary greatly. Research will show is does: the daily costs of fuel and even the act of refueling a machine in a production environment will affect overall productivity.
Considering these four components when researching machinery with assure the best value when your acquisition is made!