Refurbished Equipment vs New Equipment?

 

Are you weighing your odds on whether you should buy new or refurbished? There are good and bad sides. Ultimately, it comes down to a personal decision in the end. Although, there are some things that you should know when making your purchase. This article will give you the information that you need to make the most informed decision possible. 

What Does Refurbished Mean?

A good understanding of what the word refurbished means is a good starting point. Yes, it does mean that someone owned the equipment before you did, but there is more to it than that. It isn’t someone just selling you their used item; the equipment has gone through inspections to make sure it is worth selling. 

When you go to a business and purchase a piece of refurbished equipment, you should ask to see the inspection report. Ask about all that was wrong with it and what all they had to do to it. There should also be additional information about the past problems that may have gone on with the equipment. 

Brand New Equipment 

A brand new piece of equipment is going to be fresh out of the factory. Never ran or used by anyone. When the equipment is brand new, you are going to pay top dollar for them. You are also the first person operating the machine, finding all the kinks and quirks about it. 

It isn’t a bad thing to have something brand new, though. It can be a good thing for a few reasons. One is that no one has used it before, plus you get a warranty. You don’t have to worry about whether it has been adequately maintained or taken care of either. 

Deciding Which To Buy

If you are on a budget and need to find a piece of equipment out of your price range, look for refurbished ones. It is a great solution to find what you need at an affordable cost. Most of the time, this type of machinery has very few hours on it when it is traded in. 

When you think about buying refurbished equipment, it makes a lot of sense. The equipment has had thorough and efficient inspections and services done to it before being available to purchase. Brand new serves many great purposes as well. In the long run, it is a personal decision that you will need to make for the good of your business. 

Do Your Research

Always go into a buying situation with knowledge. Do your research before purchasing any type of refurbished equipment. That is one of the reasons it is nice to buy this way. You can look up the qualities and disadvantages of

the model of equipment. 

Ask questions and get needed information to make sure the proper inspections have been done. When you make an informed purchase, you are less likely to make a mistake. All in all, buying refurbished is a great solution for many companies.