The global supply chain is a mess. A quicker than expected recovery from COVID 19 has led to the challenge of demand outstripping supply. Earthmoving operators are facing month-long delays in the arrival of new parts which is forcing them to become creative. One option is the use of used parts. After a piece of construction equipment has reached the end of its useful life, a number of its parts are salvageable and are often in great shape. When it comes to repairing your machinery, used parts have become a great solution in the current climate.
In this blog, we look at four reasons why the use of used parts has become such a compelling solution.
Compatibility
For older equipment, it doesn't make sense to buy cutting-edge, top-of-the-line parts. You want to purchase parts that match the technology you currently have. The only way to find these older parts is through used heavy equipment retailers that have the parts in their inventory. Regardless of the model, you're looking for, it's sure to be available by a used part retailer.
Limited Depreciation
New equipment will significantly depreciate in value after its first year of use, regardless of what shape it is in. Purchasing used equipment could save you a huge amount of money in the long run.
Environmentally Friendly
Producing brand new parts produces emissions that can hurt the environment. Cutting back on the number of new products we use can help reduce our carbon footprint. Similarly, by using used parts, we're able to save them from winding up in a landfill.
Practical Return on Investment
If the time comes for you to retire your machine, you'll have a whole slew of parts to sell. By purchasing used parts outright, you'll make just about as much money on the parts as you originally paid. Another option is to sell your tired equipment to a used part retailer.
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