Photo by Gerold Hinzen on Unsplash
Recent years have seen an increase in infrastructure projects around the country. With that said, it’s not surprising that local construction companies are opting to invest in their own equipment to keep up with the demand.
Finding machinery that’s versatile enough to perform a host of different tasks should be every companies goal. Looking for a mini excavator for sale is a popular starting point when it comes to choosing the most versatile machinery around. Go for it, but use our tips to make the right investments.
Tips to Consider When Choosing Your Next Heavy-Duty Machine
Buying construction machinery is a huge capital investment. There are multiple factors that need to be considered before choosing a specific machine, to ensure you’ve made the right investment for your business. Our experts have compiled a list of tips to make the shortlisting process much easier.
1. Establish Your Requirements
Buying any piece of construction machinery starts with creating a list of tasks and functions you need to do around the average job site. This will help you identify the best machine for the job. Ideally, a machine that can perform multiple functions by simply switching out accessories is the most economical option.
2. Opt for Quality
Construction work takes place on a variety of terrains and needs to be done in all kinds of weather conditions. That said, when you’re looking for a skid steer loader for sale, you want to invest in a model that’s both durable and functional.
The machine you invest in should be able to perform a bunch of different tasks in any location and under any weather conditions. Keep in mind that equipment that gets exposed to the elements for too long can deteriorate and become dangerous to operate. Therefore, be sure to check product reviews of the options you’re shortlisting.
3. Compare Technological Features
Advanced technological features are included in modern machinery, which will enhance the workflows on your construction site. In addition to getting more work done in less time, more advanced machinery ultimately requires less manpower, saving you money.
When you’re shortlisting options, it’s important to compare all features and establish how these will benefit the work you need to do. You also need to consider the upkeep of these modernised features and if there are additional costs involved that could affect your budget. Will it be cost effective in the long term?
4. Fuel Efficiency
It’s no secret that using heavy construction equipment on a daily basis can be quite expensive. Aside from the initial capital outlay, there is also the maintenance and of course, fuel costs to ensure the machine can function every day.
In this regard, you want to opt for fuel-efficient machines wherever possible as these will save you a considerable amount of money in the long run. This is especially critical at a time when fuel prices are on the increase.
5. Maintenance Costs
Part of owning any heavy-duty machinery is the cost of long-term maintenance. It’s crucial to determine how much this will cost on average per year. Doing this will help you gauge whether you’ll still turn a profit. Remember to factor in the downtime when the machine won’t be operational.
6. Storage and Transport
There’s a considerable difference between storing a crate full of tools and finding the right space for a heavy-duty machine. If you don’t already have access to a storage facility, you will have to either budget for rental or purchase a small storeroom or workshop.
Keep in mind that security costs will have to be factored into the use of a storeroom or garage. Additionally, if the machine needs to be transported to the job site on a truck, it adds to the overall project expenses.
Many machines can only be operated by licensed operators. Unless you already have a licensed operator on staff, you may have to train someone. This means you will need to factor in the costs of this as well as determine whether or not there are additional licenses required for the machine use to be compliant.
8. Research Dealers
As with anything else you purchase for your business, considerable research needs to be done into the dealer or agent you’re going to buy from. Be sure to check their credibility by checking online reviews, customer interactions on social media and general word of mouth.
Furthermore, establish the types of maintenance and payment terms they have on offer.
Tip: discuss your exact needs with the agent so they can provide you with a list of potential options.
When your construction business have had to rent the same machine on several different occasions to get specified jobs done, it may become more economical to buy them. When that becomes the case, taking our pointers into account will ensure that the buying process doesn’t have to be complicated and drawn out. With the right amount of research and cost calculations, your next purchase will set you up for success.