Trade Resources Industry Views Cost Determines The Amount of Upfront Investment and Whether Financing Is Needed

Cost Determines The Amount of Upfront Investment and Whether Financing Is Needed

When shopping for a woodworking machine, most people have at least two concerns: how much the hardware costs, and whether it comes with a warranty. Cost determines the amount of upfront investment and whether financing is needed. Whether the product has a warranty adds or detracts from the security of the investment.

Ideally, one would like to find highly affordable new or pre-owned hardware that comes with a generous backing from the seller, but this is not always possible. When assessing the price and warranty for new vs. used woodworking machines, most buyers must decide between the benefits of buying pre-owned equipment and the advantages of purchasing unused equipment.

Benefits of Pre-Owned Equipment

The biggest benefit of pre-owned equipment is it costs less than unused hardware. Another benefit of buying pre-owned equipment is it operates like new when it is reconditioned. One might not receive a warranty on the equipment, but a good reconditioning job practically suffices for one. You can depend on the hardware to operate reliably for years to come.

When assessing the price and warranty of new versus used woodworking machines, pre-owned equipment is the best deal in terms of cost; and a good reconditioning job ensures the hardware is reliable.

Advantages of Unused Equipment

Unless their production line uses legacy equipment, most buyers would rather purchase unused hardware than a secondhand product. It looks nicer, may have some capabilities that cannot be found in a pre-owned product, and comes with a warranty from the manufacturer. Because unused woodworking machines are costly, those who buy it cherish receiving the warranty. However, considering the warranty period for most new hardware lasts roughly a year (which is not much compared to the long lifespan of industrial hardware), the period is often long expired when well-built equipment experiences its first repair issue.

The value of its warranty is mostly psychological, but unused hardware offers two key elements secondhand hardware does not: the longest possible lifespan, and the best resale value. If you plan to use the equipment for years, and you wish to sell it when it comes time to replace it, buying it new is a smart choice.

Call RT Machine

Deciding between buying unused hardware and pre-owned hardware can be difficult, for each option offers unique benefits. If you need assistance assessing the price and warranty for new versus used woodworking machines, RT Machine can help. With a large inventory of unused and pre-owned equipment at our disposal, we can recommend hardware that meets your needs in terms of cost, performance, and lifespan. We also have the ability to locate woodworking machines in the inventory of other sellers, and have them shipped to your location. To learn about our inventory and services, browse through our website, or call us today.

Source: http://www.rtmachine.com/blog/price-and-warranty-for-new-versus-used-woodworking-machines/
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Price and Warranty for New Versus Used Woodworking Machines
Topics: Machinery