Things to Be Aware of When Buying Second-Hand

by Stacey on November 8, 2012

by Stacey  |  November 8, 2012  |  Start-ups

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In a previous post, I gave a few good reasons why it’s worth considering second-hand or surplus equipment when starting your own little entrepreneurial venture, and I stand by that all the way. If I have you convinced that second-hand is a viable way to go, then I’d like to add a few more insights regarding that topic.

Again, It’s Cheaper

Purchasing equipment for business purposes is by itself a balancing act. You have to consider many factors, especially when you’re on a tight budget. Used equipment is desirable essentially because they’re cheaper, and some would even argue that by virtue of being pre-owned, they have already been “broken in” (hopefully, not broken!).

Tried and Tested

With the assumption that the equipment you’re looking into buying works, you can easily find out just what kind of performance they have. Old stuff has been broken in, as mentioned above, and it has also been exposed to actual use. These aren’t new products that have just made it into the market; many people have purchased and put these machines to work.

Thanks to the Internet, you will have no trouble whatsoever in getting opinions and performance data for the equipment you buy. You’ll also know what little kinks and quirks they may have, something the product brochure and sleek marketing campaigns won’t tell you.

Simpler

Older technology is generally easier to maintain, but let’s not get carried away with that notion, as some replacement parts may have been already phased out, hard to acquire, or are too troublesome to fabricate, instantly nullifying your presumed savings compared to buying them new. This plays towards the next point I’m making…

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No Guarantees

Don’t expect the establishment that sold you these second-hand pieces to be able to give you after-sales support or money-back guarantees. Any repairs and maintenance costs will affect you directly. Fortunately, since there’s no fear of nullifying warranties (because there aren’t any), you can most probably have your pick of repair shops or contractors that can do the job of maintaining your equipment.

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You’ve Got a Lot of Choices

Humanity has been building mass quantities of just about anything ever since the industrial revolution, so I don’t think I have to explain why you have a lot to choose from when you go the surplus way. Again, thanks to the Internet, you don’t even have to go very far. There are many ecommerce sites and online marketplaces that you can browse through and search for the machines you need, and it won’t cost you much to look.

Of course, you still have to be cautious; if you find something that’s too good to be true, it usually is. Make certain you’re shopping at legitimate businesses, and there are many ways to validate that, so do your homework and get some research done. It also helps to check the vendor/seller’s reputation. Having a lot of successful transactions under their belts is a huge plus.

With that, I leave you to your shopping for surplus. Have fun, and may your business prosper ever so much more!

 

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About the Author

Stacey Thompson is a professional writer, marketer, entrepreneur, and a lover of weird little animals. She is based in San Diego, California, and works with many successful companies such as Tradequip International, NextTruck Online, Rock & Dirt, and Trade-A-Plane.

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