From basic households to huge business setups, machines are needed everywhere. While some people prefer to buy brand new machines, others tend to believe that spending on a good-quality used machine is not a bad choice either.
In some cases, buying a new machine is the only option, but there are circumstances when you can make do with a used machine. While it may be tempting to buy the latest models, it is not always a smart idea.
Before you make any decision, it is important to know that there are pros and cons of buying a used machine and in this guide, we have covered them for you.
Pros of Buying Used machine
Following are some of the pros of buying used machine:
Cost Cutting
No matter if you are talking about used industrial machinery or machines that are used in regular households, all of them save you from spending those few extra bucks. Used machines are less expensive as compared to brand new machines.
The amount that you pay for a new machine is mostly due to its newness and not its true value, especially in the case of a heavy machine. A properly maintained, used industrial machine is as good for your business as a brand new one.
Minimal Depreciation
As mentioned above, when you buy a new machine, you are paying a price for its newness and with the course of time, when it is no longer new, its value starts to depreciate.
By buying used equipment, you skip the depreciation period. It also helps you to resell it with little to no loss.
Environmental Sustainability
It may not be a very important point for some but using a used machine helps you play your role towards the sustainability of the environment. Buying from the used market limits the amount of new products that need to be manufactured hence reducing carbon emission as well as material waste.
More Options to Choose From
When you are buying a brand new machine, the options are limited. You only get to choose from the models that are recently launched. However, if you search in the used market, you will be able to find various options which include models from different series.
There are times when people buy a newly launched machine but due to different reasons they sell it. If you are lucky enough, you may be able to land your hand on a newly launched model and that too at an affordable price.
Cons of Used Machines
Following are some of the cons of buying used machines:
Poor Quality
One of the issues that most people face when buying a used machine is its quality. While the machine may look absolutely fine, there may be multiple issues inside it.
So, whenever you plan on buying a used machine make sure you inspect it thoroughly and minimize the chances of error.
Limited Choices
While a brand new machine gives you access to the latest technology, an old machine has limited features. Along with this, you also have limited options when it comes to interior, exterior, model, color, style, etc.
When you are buying a used machine, you cannot decide which machine you want to buy without looking at the available options because chances are that you may not be able to find what you were initially looking for.
Longevity
One of the biggest cons of a used machine is that its life is not as long as a newly bought machine. However, this may not be true for every machine present in the used market.
Tough Process
As compared to a brand new machine, buying a used machine could be challenging. When you are buying a new one, all you have to do is go through the specifications and buy a machine that suits your needs.
Whereas, on the other hand, if you buy a second hand machine, you have to inspect the market, research, compare it with similar products and then make a decision.
No matter if you are buying a used or a new machine, one of the most important factors that need to be considered is where you are getting the machine from. It is essential that you choose a reliable seller.
If you are looking for new and used electronics and home appliances, you can visit OLX Pakistan’s website as there are various new and used machinery for sale online. Along with household machines, OLX also has multiple new and used heavy machines as well.
That is about it!
These are some tips that we think would help you decide if you should buy a used machine or not. Do let us know if these were of any help or not.
Leave a Reply