Buying Used Equipment
Having a familiarity with the advantages and disadvantages of used equipment could help you make a more conscious choice. That’s why the professionals at Timber Woodworking Machinery & Hardwoods have created this post to go over a couple of pros and cons of getting a piece of new-to-you equipment.
The Pros of Purchasing Second-Hand Models
The following is a small rundown of the pros of purchasing used equipment.
Always A Lower Asking Price
Usually, second-hand models come at half the cost of their brand-new equivalents. This enables you to get quality used equipment at a more budget-friendly price.
More Flexibility
Used equipment is a better alternative for short-term projects. You can trade your model after you finish your project and recoup some of the money you spent on purchasing it. As the depreciation value for used equipment is lower, you can get more money than when selling new equipment.
A Wider Range of Options
Manufacturers only release a select few models annually. Meaning that you are limited to only those models when looking through a new stockpile. Nevertheless, going through a used inventory means discovering equipment released last year as opposed to those launched ten years earlier.
The Cons of Purchasing Second-Hand Models
The following is a small rundown of the cons of purchasing used equipment.
Longevity Matters
Unless you’re purchasing lightly used equipment, your model may come with lower longevity. If you wish for your equipment to last for years to come, research your options thoroughly prior to making your final choice.
Limited Warranty
New equipment comes with some type of factory warranty, which is going to help bypass the stress of making needless costs for repairing manufacturer failures. Nevertheless, the interchangeable manufacturer’s warranty on the given used model is going to likely be decreased or is no longer valid. Meaning that any repairs or parts replacements is going to mean spending hundreds of dollars right from the start.
Now that you are more familiar with the pros and cons of purchasing used equipment, you’re ready to research a couple of models yourself. Come down to Timber Woodworking and look through our latest inventory of lightly used equipment for sale.
Woodworking Supplies Mesa by Timber Woodworking
Timber Woodworking offers hardwoods in Mesa, Arizona. We specialize in woodworking tools, equipment, and supplies for commercial woodworking cabinet shops or furniture manufacturers as well as the home shop hobbyist. Contact us today, or call if you should have any questions.