The global market for packaging machinery is huge, with more than 500 manufacturers on the market.
With so many options to choose from, it can be hard to know where to look.
You don't have to go straight to the manufacturer and buy brand-new equipment to get the job done. Instead, you can keep your costs down by buying some that's already been used. However, this doesn't mean cutting corners.
In order to make sure you get your money's worth, you'll have to be careful. In this post, we'll give you some crucial advice for making a used equipment purchase that benefits your business.
How to Make a Wise Second-Hand Equipment Purchase
Before buying any piece of machinery, make sure you tick these 5 boxes.
1. Calculate the Product Lifespan
When you buy new equipment, you'll get a guarantee, letting you know how long you can expect it to last. With used machinery, this isn't always the case.
You'll need to take measures to find out what the estimated lifespan of your equipment is. Find out how long it's already been used for and with what frequency. The seller should be able to give you this information, perhaps even backing it up with physical records.
This doesn't just apply to the physical machinery, but also to the software. Check the license to find out when it expires, and whether you'll be able to transfer it after your purchase.
There's no use in saving money on used equipment if it won't last long. In fact, this could end up being more expensive in the long run. That's why you need to find out how many years a machine has left in it before you commit to buying it.
2. Conduct a Thorough Inspection
It's essential that you inspect every piece of equipment you buy.
This doesn't mean simply giving it a quick look over. You need to take the time and effort to conduct a proper inspection.
If you skip this step, you could find that it's faulty once you start using it. When you're shelling out for expensive machinery, the last thing you want is to have to spend more money on repairs or replacements.
Conduct a visual inspection, checking all the parts for any signs of wear and tear. Cracks, scratches, and loose fastenings are all signs to look out for.
Then, ask if you can give the equipment a test run. While it's running, listen out for any abnormal noises. Creaking, clanking and whirring sounds can let you know if something isn't working properly.
In most cases, you can carry out your own inspection when you visit the seller. If this isn't possible, you can also hire a third party to do an independent inspection. This could be someone who works for the manufacturer or an independent specialist contractor in your local area.
Machinery and Equipment Co. can provide certified machinery appraisals, giving you peace of mind about any equipment you buy.
3. Check the Maintenance Records
All machinery should be regularly maintained to make sure it's in tip-top condition. The seller should have records of this.
Ask them to provide evidence of the maintenance that's previously been conducted. That way, you can know if it's broken down in the past, which parts have been replaced, and how often it's been repaired. You'll also be made aware of any modifications that have been made.
These records will give you an idea of what to expect if you use the machine yourself. They'll tell how reliable it is, and how it's likely to perform in your production process.
4. Keep Your Options Open
When you're shopping for packaging equipment, you may have a very specific idea in mind. You could be looking for something to process a particular size of bottle, bag, can, or box.
If you're buying brand-new equipment, it's much easier to find something to fit this specific ideal. However, when you're looking for second-hand equipment, your options are more limited. That's why you should keep an open mind and try to be flexible.
Don't immediately write off equipment that doesn't seem to fit your needs. You may be able to find a way to work around it. Contact the seller, and they'll tell you what they can do.
If you're too rigid with your requirements, you could be shopping around forever.
5. Get Everything on Paper
It's important to keep a record of your purchase and everything related to it. Store them all in both hard and digital copies, as you're likely to need them later down the line.
When you're doing your research, keep records of all the quotations you get. Otherwise, sellers may bump up their prices when you come back to buy their products. A solid quotation is something they have to stick to.
Of course, you'll need to keep copies of invoices and receipts, too. This will help you to keep track of your expenses and provide evidence of your purchase.
The seller may provide an inventory, listing all of the parts and elements that are included in the sale. It's important that you review this and check that it has everything you need. If you simply assume that all the essentials are included, you may be disappointed later on.
You should also have some written terms and conditions, listing the liabilities of both the buyer and the seller, the terms of the sale, the payment method used, and the agreement made for delivery.
You never know when you might need this information, so make sure you keep it on record.
Get Quality Used Equipment
When you're shopping for used packaging equipment, you don't have to take your chances with disreputable sellers.
Machinery and Equipment Co. is a second-hand equipment provider you can trust. We source and stock a huge range of machinery from the best manufacturers in the industry. We're here to help with your equipment purchase!
If you can't find what you're looking for, we won't stop there. We'll take your request and go on the hunt for the equipment you need, so you don't have to.