When sourcing equipment for your farm, you'll need generalized equipment such as a tractor as well as specialized equipment such as the attachments you'll need for different crops. Some of these types of equipment may be available used. Here are some of the factors that can affect which equipment you can and should buy used.
Equipment that has an extremely long life expectancy is typically a good option to buy used. Not only are you more likely to be able to find this type of equipment up for sale after someone's used it for years, but it's also more likely to give you plenty of years of service if you do buy it used. On the other hand, if the piece is likely to go obsolete within a few years or is only reliable for a certain length of time, buying it new will give you the best chance of getting plenty of use out of it.
Equipment that's more commonly used is more likely to be available near you for sale. Common, widely known pieces of machinery, such as a tractor, are easier to find in a used condition than something more obscure. In addition, specialized equipment for a crop that's commonly grown near you may be relatively easy to find used.
Finding the equipment for sale near you is important. If you find used equipment for sale a couple of states away, you may be able to have it shipped, but that will not be very cost-effective. In addition, you don't want to buy the used equipment without getting a chance to look it over yourself.
Once you've found a piece of equipment for sale near you, you'll want to give it a thorough inspection to see what condition it's in. For example, a piece of equipment that needs extensive repairs may not be as good a deal as it seemed at first. Just like when buying a used car, you need to make sure your equipment is in good working order before you can decide how much it's worth to you.
4. Maintenance Needs
Some types of equipment may start to need more and more maintenance and repairs as they grow older. In this case, buying a used piece of equipment may only be a good deal if the equipment isn't very old. So you'd want to look for a piece of equipment that's lightly used or nearly new.
These are some of the factors to keep in mind if you're considering supplying some farm equipment from used sources. If possible, look for a used farm equipment provider that inspects the machinery before selling and offers a warranty with it.
For more information, contact an equipment provider like Cappel Sales.