COVID-19 Leave You With a Tight Budget? Buyer Beware.

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COVID-19 Leave You With a Tight Budget? Buyer Beware.

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Many industries have suffered a downturn as a result of the COVID-19 pandemic. While underground infrastructure management is still a very high priority, these times have caused contractors to look at current equipment spend and how to do more with less. While a lower price tag can be attractive, low priced units being sold through third parties should be assessed with caution and all hidden costs considered before purchase.

Online sales forums with private sellers are a mix of great deals, shady people and outright scams. You can find good prices on used equipment and products, but it is a “buyer beware” situation. This proves even truer when it comes to jetting and excavation machines. In a world where the bottom dollar is the only dollar that matters, it makes sense that people would turn to these online sites to save some money.

However, compare the investment of a used machine to the money being invested into the projects you work on. If you secure a job contract, utilizing low budget equipment can be more costly than larger upfront equipment costs. When equipment fails, contractors incur costs associated with repairing the equipment; but in some cases, there are costs associated with fixing a problem caused by faulty equipment. In the most extreme cases, operators can be injured or even killed.

There are honest online sellers who will give you accurate information about the equipment they are selling; however, there are people who will not. When the equipment breaks, the previous owner is not responsible or obligated to do anything, so what do you do? It’s smart to budget at least $10,000 to $15,000 to account for repairs when buying used equipment online; it is likely that many of these units were not serviced and tested and sellers will not disclose that the water pump needs to be rebuilt or that the vacuum pressure is less than stated, but it is very often a reality that is faced by contractors.

When it comes to used equipment, you need to be a smart consumer and protect yourself. Buying from a private person is not the only way to obtain affordable equipment your business requires. Legitimate dealerships exist that will not only service and support the used equipment they sell, but they can help you get the financing you need.

Rock Rental is a top dealership of pre-owned equipment that works with nationally recognized financial institutions to provide necessary financing solutions for its customers.  Rock Rental’s certified service technicians thoroughly inspect and test all equipment prior to listing it for sale and provide accurate information about the condition and functionality of all the equipment. Rental equipment is also available, should you need support for on short-term project. With a number of options, you can choose from a traditional rental program, a fleet renewal program, a rent-to-purchase program and an equipment leasing program. Rock Rental: Quality equipment, affordable prices.



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