Why Is Second Hand Machinery A Good Investment?

Starting a new business or expanding an existing one is expensive so it is prudent to consider purchasing second hand machinery. Most second hand machinery becomes available due to upgrades and expansion.  It is good working order and ready for action straight away. You are able to see the machinery in action and decide if it is suitable for your needs. Buying second hand high-quality machinery is much cheaper than buying new.

It is important to make your decision quickly when machinery becomes available because it is a one time opportunity.  The machinery will be built to another company’s specification rather than your own. If you are willing to be flexible and accommodate the equipment in your own premises it shouldn’t be an issue.

Purchasing second hand equipment from a machine manufacturer gives you the benefit of servicing and further support.  If you ‘Buy As Seen’ you will have to arrange your own servicing with the company. Equipment that has already been serviced and repaired will be as good as new and ready to transport to your own establishment as soon as you are ready.

Benefits Of Buying Second Hand Machinery

The most obvious benefit of purchasing second hand machinery is the purchase price.  The machinery works exactly the same as new equipment but is much cheaper because it is not bespoke.  It is possible to buy high-value equipment at fraction of the cost of a new machine and benefit from years of reliable service.

Second hand machinery provides a good return on investment (ROI).  Purchasing equipment at a cheaper price reduces the overall costs. Comparing the service costs of second hand machinery and the depreciation of brand new equipment needs to be a consideration when you make your decision.

New machinery depreciates in value very quickly reducing the ROI especially when it becomes time to resell it.  The first owner of second hand machinery has already taken the financial loss so it retains a good second hand price.  This is a factor you should take into consideration if you are anticipating expansion and equipment replacement in the future.

The price of second hand machinery depends on supply and demand.  If the equipment you require is in great supply with very little demand you will be able to purchase it at a good price.  Alternatively if your equipment is in short supply when you decide to sell it you will be able to recoup a lot of your expenditure.

Machinery Available From Challenger

Challenger has a range of second hand machinery available for you to purchase. These include; Used Glass Recycling Equipment, Used Wood Shavings Transport Equipment, Used Pet Baler and SSI 2400 E SHREDDER.  To see the complete list of second hand machinery click here.

We are able to service ‘Buy As Seen’ machinery so it is ready for your production line.  We repair and replace the components of all of our other second hand machinery so it is in excellent working order.

If you would like to find out more about any of the second hand machinery we have please contact us here.

 

Belt Conveyors In Manufacturing – A Brief History

Belt conveyors have not always been used in manufacturing

This can be difficult to comprehend because they have become indispensable in production lines.  belt conveyors are used in a wide variety of settings including; food production, recycling, car manufacture, super markets and retro television shows (The Generation Game) to name a few.  As with most practical inventions there is no one individual that can be named as the sole inventor of the conveyor belts.  It would seem that as manufacturing processes got more intense and quicker, belt conveyors evolved to make the whole process easier.  

The first belt conveyors

In the 18th Century belt conveyors were isochronic, which is a little bit like clock work.  By the early 19th Century, and the start of the industrial revolution, belt conveyors were steam powered.  It is thought that the very first belt conveyors was used to make biscuits for sailors.  belt conveyors designed by Richard Sutcliffe were used in coal mining to move the heavy coal from the mine so it could be loaded into transportation vehicles.  Many companies have been recorded using belt conveyors in their production line but the most notable one is Henry Ford, who used belt conveyors in his car production line from 1945.

Advanced Technology

Advanced technology has increased our ability to design and build a large variety of belt conveyors with many different purposes.  Sophisticated belt conveyors systems are controlled by a series of electric motors called variable speed drives. Variable speed drives enable belt conveyors to be programmed at different speeds, depending on the type of job being carried out in that section. Most companies tend to purchase bespoke belt conveyors because their production lines are unique to the product or system they are using it for. 

Second Hand Belt Conveyors

However if you are lucky and you require belt conveyors that have already been produced you will find that you can save up to 50% of the original sale price.  This is definitely the case if you are able to purchase equipment that is part of a cancelled order.  Often this type of order is listed as second hand machinery but is actually brand new and has never been used.

At Challenger we have five brand new belt conveyors available for you to look at.  They are all for sale in our second hand section because the customer cancelled the order.  If you would be interested in discussing the belt conveyors or other second hand or new equipment we have available please contact us here.

How Buying Second Hand Machinery Can Inspire Great Business Ideas

Investing in second hand machinery is an economical way to either start your own manufacturing business or expand your existing production line.  Second hand machinery has a proven record of reliability and can be installed relatively quickly.  One major drawback of purchasing second hand machinery is the fact that it has been built to another firm’s specifications.  This is not a real issue if you are willing to be flexible and work within the parameters available.  Second hand machinery generally becomes available because manufacturers are either updating equipment or the machinery no longer fits into their business plan.

The main pressure when purchasing second hand machinery is making sure that you move quickly when you have found the piece of equipment you have been looking for.  There is nothing more frustrating than finding the machinery you require and it being sold before you get chance to make the commitment to buy it. One great advantage of buying secondhand machinery is that you can watch the machine in action and see exactly how it will work, this also gives you reassurance that the machine is in full working order.

In a nutshell the benefits of purchasing second hand machinery are:-

  • It helps to cut costs because you may find a piece of machinery near where you live and transportation costs are reduced significantly.

  • You can buy a top of the range machine that is cheaper because it is second hand.  This gives you the chance to save money for business expansion in the future.

  • You can install it almost immediately because it is ready to take away.

When you purchase second hand machinery from Challenger Group you can be assured that we will explain the condition of the equipment and what measures are required to restore it to full working order. Some of our second hand machinery is, ‘buy as seen,’ which means that you will need to organise servicing and testing to ensure it is in full working order.  This helps to keep the price down and we offer annual service contracts to keep your equipment in full working order.

If you would like to see our selection of second hand machinery for sale please click on this link.  If you have any questions to ask regarding any of the equipment please don’t hesitate to contact us here.

Why Second Hand Machinery Can Be The Right Choice

No matter what you are planning on buying, whether it be something small or a large investment,you are always going to be looking to get the best deal whilst still getting a high quality product. At Challenger we custom-make bespoke machinery for a range of different applications. However, we also always have a selection of second hand machinery available to buy as well.

While buying brand new equipment may be the ideal for a lot of people, there are distinct advantages to buying pre-owned machinery;

-The main benefit of buying second-hand machinery is, of course, the reduced cost. Opting for more budget friendly, used machinery can be a great idea. Anything that can reduce costs is usually a priority.

-Used equipment is available immediately whereas brand new may not be.

-You may be able to locate something close to you which can reduce shipping costs

-A ‘used’ piece of machinery may have barely actually have been used. It could even mean it has never been taken out of its packaging.

-You can go and inspect it, perhaps in its actual current working environment, before you commit to buy.

-Having a pre owned machine should make it no less reliable than a brand new one. In fact, it proves its reliability, plus you often have the option to have it refurbished first before you take it away.

 

At Challenger, we have detailed information and history available for all our second hand equipment and are honest and upfront so you know exactly what you are getting. If you can’t find what you are looking for currently, come back soon as we will have more available in the near future!