Heavy equipment allows construction companies to operate efficiently and effectively. Without heavy machines, it would take companies much longer to complete day to day operations. However, heavy equipment does not last forever. Unexpected breakdowns can occur at any time, causing companies to scramble for supplies and time.
At Lyon Auction, we provide both in person and online equipment auctions to allow construction companies and contractors to purchase quality equipment at an affordable price. We understand the headaches that come when your equipment breaks down, and we are here to help. Below, we go over some factors to consider to help you decide whether you should repair or replace your equipment when a breakdown occurs.
Warranty
When your heavy machinery breaks down, the first thing you should consider is the warranty on your equipment. Typically, heavy equipment comes with a warranty that covers a majority of needed repairs. If you still have time left on your equipment’s warranty, it would make more sense to just make repairs when needed. On the flip side, if your equipment’s warranty has expired, and the repair is going to cost you a decent amount of money, then you may want to consider replacing your equipment entirely.
Costs
The next thing you should consider when deciding whether to repair or replace your equipment is the price of each. Some repairs are relatively cheap, while others can be over the top expensive. If you know that your repair costs are going to be low, and your equipment is relatively newer, then repairing your equipment is a good choice. However, if the repair needed is going to cost a good amount, then looking at replacing your equipment is a good option also.
At Lyon Auction, we provide affordable quality equipment at all of our online equipment auctions. You will surely find what you are looking for, at a great price!
Technology
Technology is another thing to consider when deciding what to do with your equipment. Innovation has allowed for newer equipment models to have new technology built in. If you own older equipment models and are spending lots of money on repairs, purchasing a newer model that has technology to help make your job easier is a great choice! This not only helps resolve current issues, but will end up paying for itself in the long run!
Where to purchase affordable equipment
If after reading this you have decided that replacing your equipment all together is the right choice, then you are in the right place! You can find affordable, quality used equipment all over the country at one of our equipment auctions. And in today’s digital age, you don’t even need to be present at the auction itself! There are many online equipment auctions happening almost everyday, so there are many opportunities for you to find the perfect equipment model for your company!
If you would like to learn more about what we do at Alex Lyon & Son Auction, or would like to check out our upcoming auctions, visit our website today! Our team is happy to help you find the perfect piece of equipment that is needed for your next construction project!