Wednesday 10 August 2011

How to Find Great Deals on Used Farm Equipment

Farmers like all other businessmen are keen to minimize on costs wherever possible. Right now second hand plant is as popular if not more popular than new, with the refurbishment and sale of exercise machines a huge business. One of the largest primary advantages of buying used farming appliances are the cost savings.

On and off line you'll find essentially 2 usual ways during which used farm equipment can be purchased and money saved - through auctions or through equipment dealers.

Bargains is frequently found at farm auctions for example those organised offline by companies for example grichards.co.uk or throughout the Internet by sites like ebay.com.

Do bear in mind tough the nature of auctions knowning that it's usually a case of Caveat emptor: "buyer beware". All that glistens isn't necessarily gold so buyers needs to be sure to do their homework, find out what they are dealing with and if in doubt seek third party advice and assistance. It's worth noting that second-hand farm machinery needs to be sold with a certificate of safety as well as an instruction book in the language of your buyer

There are numerous on and offline equipment dealers selling used farm equipment and machinery while aggregators of classifieds for used farming equipment list plenty of pieces of equipment submitted for sale from farmers and dealers worldwide. Again it's possible to pick up and also this camera deals if you take the time and trouble to check out the market place properly and enjoy a little bit luck. Often equipment is reconditioned to your very high standard or machines are sold as nearly new.

Buying via a dealer is generally higher priced although the risks can also be minimized. A dealer could probably offer discounts, guarantees and varieties of financing which if you don't have the funds to put on the table generally is a worthwhile way of picking up the kit. There is also another tax and cash flow considerations which could want to be entered into the finance or leasing equation for brand spanking new or used equipment.

With regards to used farm equipment it's recommended that you consider the brand, model and age regarding parts availability. The price of parts (and downtime if your parts aren't readily available) can be prohibitive enough employing some cases might make the investment inside a piece of equipment cost ineffective.

Don't necessarily be scared of older kit as even though it probably won't have some of the "frills" that you could would find more common on "newer" equipment it might have more commonly available and better value spare parts.

In addition to personal savings there are other advantages to buying used farming equipment. Namely that cash can go further and a larger fleet be used or that the cash saved by ordering used kit can be put to more cost effective uses.