WHAT YOU SHOULD KNOW ABOUT USED CONSTRUCTION EQUIPMENT

What You Should Know About Used Construction Equipment

What You Should Know About Used Construction Equipment

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Whether you’re starting a small construction business, expanding your fleet, or just looking to cut costs, used construction equipment can be a smart investment. New machinery comes at a high price, and for many, used equipment offers the same functionality at a fraction of the cost—if you know what to look for.


Here’s a breakdown of the most important things to know before buying used construction equipment.






1. Why Buy Used Construction Equipment?


The main benefit is obvious: cost savings. Used machines can cost 30–70% less than their brand-new counterparts. But that’s not the only advantage:





  • Faster ROI – Your equipment pays for itself faster.




  • Depreciation buffer – New machines lose value quickly; used ones retain value longer.




  • Availability – Get the equipment you need right away without long lead times.




  • Tested in the field – Proven performance and reliability over time.







2. Types of Used Equipment Commonly Sold


Depending on your needs, the most commonly sold used construction equipment includes:





  • Excavators




  • Backhoes




  • Skid steers




  • Wheel loaders




  • Bulldozers




  • Cranes




  • Compactors




  • Forklifts




  • Concrete equipment




  • Generators and compressors




Knowing the exact tasks you’ll use the equipment for helps determine which type and size is right for you.






3. What to Look for When Buying


A. Machine Hours & Age


Just like with vehicles, operating hours give insight into how much life a machine may have left. Consider:





  • How many hours are on the engine?




  • Is the hour meter accurate?




  • What's the typical lifespan for that type/model?




Low hours are good, but condition and maintenance matter more.



B. Maintenance Records


Always request the service history. A well-maintained older machine may be more valuable than a poorly treated newer one.



C. Signs of Wear and Damage


Inspect key parts:





  • Engine and hydraulic systems (look for leaks or strange noises)




  • Undercarriage (on tracked machines)




  • Tires or tracks




  • Bucket or attachments




  • Cabin controls and electronics




D. Title & Ownership


Ensure the equipment has a clear title and is not under a lien or lease. This protects you legally and financially.






4. Buy From a Reputable Source


You can find used equipment from various places:





  • Certified dealers




  • Online marketplaces (like MachineryTrader, IronPlanet, Ritchie Bros.)




  • Auctions




  • Rental companies




  • Private sellers




Dealers and auction houses often inspect, service, or certify their equipment—offering better peace of mind than private listings.






5. Consider the Total Cost of Ownership


The upfront price is just part of the picture. Consider:





  • Transportation to your site




  • Repairs or part replacements




  • Insurance




  • Operator training




  • Fuel efficiency




  • Resale value




Sometimes a slightly more expensive used machine can cost less over time if it runs more efficiently or lasts longer.






6. Warranties and Support


Many used machines (especially from certified dealers) come with:





  • Limited warranties




  • Inspection reports




  • After-sale service agreements




If you're buying without a warranty, factor that into your risk assessment.






7. Avoid Common Mistakes




  • Don’t buy on looks alone—get a full inspection.




  • Don’t skip a mechanic or technician assessment if you're unsure.




  • Avoid buying blind—especially online—unless there's buyer protection or a return policy.




  • Know the machine's specs and capabilities to avoid mismatches with your job requirements.







Final Thoughts


Buying used construction equipment is a great way to stretch your budget and build capability—but only if you do your homework. The key is to strike a balance between price, condition, and future costs. A good deal today could turn into a money pit tomorrow if you’re not careful.


Need help evaluating a specific piece of equipment or choosing the right one for your job? I’m here to help with comparisons, checklists, and more.

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