Best Source for B2B Industry Trends, News and Updates
The construction industry has always been growing and currently, this market is at its peak. As millions of projects are going on and many more are planned for the future. High-quality construction machinery and equipment are a must for every such project.
Even though most businesses get heavy-duty machinery on rent, they can increase the overall cost and may also cause availability issues, especially during peak seasons.
Buying new construction machines might not be an option for most companies due to their high prices. If that is the case, you can consider buying second-hand construction machinery and equipment.
Here, are some b2b portals that you can use to meet reliable used construction machinery and equipment dealers.
Tradewheel.com ranks among the leading B2B sites that help you connect with the most trusted used construction machinery sellers. They feature a diverse list of sellers from different parts of the world, including sellers from your country. You can use the search bar to find the exact equipment or model you are looking for and filter to only view sellers from a specific country.
If you visit their product catalog, you will find all types of crawler excavators, wheel loaders, and all other machinery that you would ever need. Each of these comes in different conditions and efficiency levels. You can contact relevant used construction machinery dealers and ask for more in-depth details and specifications about the machinery.
Whether you are on Tradewheel.com or any other marketplace, you should make sure that the used equipment seller provides everything in writing including its condition, warranty, and legal/tax documentation status if applicable. Tradewheel.com also allows you to share locations with the dealer and inspect the machinery in person. You can do it yourself or hire a professional near the vendor’s location. It is a highly recommended step to ensure you get exactly what you are looking for.
Ritchie Bros was founded back in the year 1958. They started selling heavy industrial machinery through actions back then, and today they have the largest pool of used and brand-new machinery auction buyers and sellers. They are located in 25 countries and have more than 200 locations. Due to the multiple locations they have, you can visit the ones near you and inspect the equipment to make sure you get the best quality. Their website and apps are also available in 5 different languages.
As Ritchie Bros has been in this industry for quite a long time, they have a strong reputation. Unlike most auction companies, they are open to sharing all the details about the equipment they list. Therefore, they have a team of professionals that perform more than 100,000 detailed inspections on an annual basis. Ritchie Bros also have a support staff that is available round the clock to answer all your queries regarding the equipment, legal requirements, and a lot more.
Once you inspect the machinery and are satisfied with its condition, you can place your bid online. Most of their bidding systems have different conditions that you need to follow. Thus, it would be better to go through their terms and conditions before placing a bid.
You can use ThomasNet like a modern-day yellow book of genuine suppliers. When you are buying heavy-duty equipment, the credibility of the seller is one of the important factors that you should look for. Even in today’s modern world, there are many businesses that are looking to rip others off. However, things like that do not occur on ThomasNet.
They have got a diverse network of international sellers with a history and positive reviews on their profiles. You can use their search bar to look for the used construction machinery you are looking for. Pavers, tower cranes, road sweepers, or any other equipment, have relevant distributors for all of them. Ideally, you should use their filters to only connect with your local sellers. This way, you can visit and inspect the equipment and documentation firsthand.
ThomasNet also features verified sellers whose companies are physically visited by ThomasNet officials. Yet they do not take any responsibility for any scam, but they make sure there are no red signs from the seller’s end.
Most businesses that use ThomasNet for sourcing recorded a good experience. You can also use it by creating a free account today. You can either browse through their list and connect with relevant manufacturers or post your requirements to receive numerous offers from sellers.
You may have already guessed from its name that they operate in the industrial machinery industry. Machinery Trader features third-party distributors with different prices and trading terms. You can simply their product catalog to find an endless number of options to choose from. Whether you are looking for dozers, excavators, forklifts, or any other equipment, they have relevant factories for all of them. It also includes equipment from top brands like Volvo, Komatsu, JLG, and many more.
They help you get in direct contact with sellers and unlike most e-commerce sites you can also share your contact details with them. You can use their filtration options to only view sellers from a specific region like within the same country or state as you. So that, you can inspect the machinery and its condition firsthand. Whether you have a small or large budget, they have equipment that matches everyone’s budget perfectly. They also give financing options to businesses that are eligible for it. You can check out their rates and conditions for that too.
Equippo makes heavy construction equipment buying and selling fast and simple. They buy machinery from construction companies like yours, restore them to its best condition, and put it for sale at market-competitive prices.
All of the industrial equipment that you will find on Equippo is completely inspected by professionals and give you an accurate description online. As Equippo is not a new name in this industry, there is not much to worry about the quality or getting ripped off here. Once you find the right match for your specific needs, you can contact them for further details or ask for discounts.
Firstly, you have to send payment to Equippo and you will receive your industrial machinery within the next few days as discussed in the contract. In case, you are not satisfied with its functions or overall quality, you can return it to get 100% money back into your account. Plus, you do not even have to pay for the logistics. However, this money-back guarantee only lasts for 5 days after receiving the machine. Therefore, make sure you inspect it properly within the given time period. After that, Equippo will not be responsible for damage or poor function in it.
When buying used construction machinery, there are more factors to look for than most are aware of. Therefore, it is recommended to have a professional to inspect the equipment. Following are the few elements that should be your first priority:
Equipment needs and specifications
The reputation of the seller
Age and condition
Equipment history (repair and modifications)
Repair and Maintenance costs
Spare Parts Availability
Budget
The factors mostly depend on the type of machinery you want to buy. Before getting a loan, you should compare the total buying price of construction machinery with its rent for the period you will use. Then see the difference in its rent and financing to make an aware decision.
If you have already made up your mind to buy it, you should consider the following:
Compare interest rates among different lenders
Get a pre-approved loan
Check the insurance options
How the rates would change in case of inflation
Before buying used construction equipment, you should compare the total amount you will need to purchase it with the rental amount you are paying right now. If there is not a big difference, keep using this equipment on rent. However, if the difference is quite significant, you can look at different financial options online. Once you have decided your budget then look for a relevant distributor ideally within an area that you can visit to inspect physically. The number of used machinery sellers online is almost endless. You should take all legal, conditional, and warranty factors into consideration to make the best decision.
