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When looking to purchase materials handling equipment, many buyers will automatically look at buying brand new as they believe that new trucks offer guaranteed reliability; however, the possibility of buying used trucks should not be overlooked. Depending on the requirements of the business, a used truck could be more beneficial.

When should you look at buying used equipment?

There are certain situations in which businesses should consider purchasing used equipment and it is largely dependent on the operation. Companies should consider pre-owned trucks if they require a back-up to their current fleet during busy periods or if the equipment is only being used occasionally; for a single shift or only for a few hours per day. However, other businesses may buy pre-owned equipment as their primary truck or fleet of trucks as a more affordable option; this is often due to the fact that they feel a used truck will provide them with the support they need at a lower cost.  

The benefits of buying used equipment

There are many benefits to buying used equipment; first and foremost used equipment is more affordable to buy than new, especially if the trucks have had low usage by their first owner. This means that businesses who opt for buying a used machine are effectively able to purchase a high-quality and high-performing truck for less, ensuring a better return on investment than if they were to purchase new. The low cost of a used truck in comparison to a new truck also gives businesses more financial flexibility. Some customers, for instance, will opt to take advantage of renting used trucks to utilise in non-core applications or to provide cover during times of peak activity as an alternative to using more expensive new trucks. This is also a huge attraction for many businesses with tight budgets. Used trucks when bought or rented from a reliable source have also generally been maintained to a high standard through regular inspection and servicing, therefore they will be in great condition. For example, used trucks from Toyota have been serviced by Toyota technicians from new using genuine parts. This means that Toyota knows the full-service history of the truck and only the best trucks are picked to be refurbished and sold or rented.