Deciding Between New or Used Material Handler Equipment
It’s a tough decision. Do you spend the money you have on new equipment, knowing that it will last a long time, or do you save a bit by opting for used equipment that will get the job done but will need replacement more quickly? There is no right or wrong answer, but whenever you are looking at adding material handler equipment, there are pros and cons. So, let’s break them down.
Buying New Material Handler Equipment
Here are some of the key factors you will need to consider when buying new equipment.
Advantages of New Material Handler Equipment
Buying brand-new equipment projects professionalism and can create a more positive work environment, especially regarding safety. Other advantages of new equipment include:
- Reliability & Performance: You get modern designs, fewer breakdowns, and optimal performance.
- Warranty & Support: Typically, new equipment comes with comprehensive coverage and manufacturer support, which gives you peace of mind.
- Advanced Features: You get improved ergonomics, safety mechanisms, and energy efficiency.
Disadvantages of New Material Handler Equipment
There are some downsides to buying new, including:
- Higher Cost: New equipment will be more expensive and require a significant upfront investment.
- Depreciation: New material handler equipment quickly decreases in value over the first few years of its life span.
- Longer Lead Times: You may have to wait for items you order to be built.
New features are great, but additional training or design work may be needed to incorporate new equipment into your workflow safely.
Buying Used Material Handler Equipment
Used equipment that has been properly maintained may have years of life left. Working with an experienced warehouse equipment distributor or liquidator, you may be able to find high-quality used equipment.
Advantages of Used Material Handler Equipment
Buying used might allow you to purchase equipment you are otherwise not able to afford. Other benefits include:
- Lower Cost: You avoid the high upfront cost of new equipment. As equipment ages, it depreciates, which means you can often save 40% or more by buying used.
- Immediate Availability: Used equipment is often readily available, eliminating manufacturing lead time.
- Multiple Options: The used market offers a wide selection of equipment, so you can generally find what you need.
You may also be able to find equipment that integrates easily with your existing equipment and that your operators are already familiar with.
Disadvantages of Used Material Handler Equipment
There are also some negatives that you need to consider when evaluating used equipment. These include:
- Hidden Problems: Used material handler equipment may have issues that aren’t obvious, such as welds that need repair or missing components. It may be difficult to access complete and accurate maintenance histories.
- Outdated Technology: You will not be getting the latest technology. While this may not be a concern, you may be sacrificing some efficiency that could drive down operating costs.
- Shorter Lifespan: Used equipment has some level of wear and tear, so it will be more likely to need repairs or replacements sooner.
Inventory changes quickly, so you may not always be able to find exactly what you need.
Find New and Used Material Handler Equipment Near You
If you are searching for new or used material handler equipment near you, you need to work with a reputable company that will ensure you make the best decision.
Conesco Storage Systems is an industry leader in new and used material handling equipment. As one of the country’s top warehouse liquidators, our team has access to a wide variety of used equipment and the experience to properly evaluate the quality. This means we expertly avoid buying equipment that is in poor condition or taking a risk using an auction site. With Conesco, you will get an accurate accounting and condition report, so you know exactly what you are getting.
We offer a wide selection of new equipment. Conesco Storage Systems is your one-stop shop for all of your material handler equipment needs—whether you’re buying new or used.
We can help with teardowns, installs, and transitions, warehouse planning, and more. With more than 400 years of combined experience, you can trust that Conesco, as your material handling consultant, will help you make the best decision for your equipment needs. The Conesco team can help you evaluate your needs, source equipment options, and provide you with a custom proposal for your consideration.
Call the Conesco team at (303) 690-9591 or request a consultation online to discuss your material handler equipment needs.