Buying used equipment is a consideration many construction companies make when they're looking to grow their fleet and give themselves with the opportunity to take more jobs. You can enjoy many advantages from buying used, and used equipment makes an excellent choice for many companies. Below, you can find some of the top benefits of buying a used wheel loader:
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Buying used equipment is a great choice for companies interested in machines at a lower price point. One of the top advantages is that used equipment comes with lower initial investment costs. Despite the equipment being previously used, you can still get several years of profitability out of it. Reputable dealers will ensure any piece of used equipment they sell has been well-maintained, so you get your full money's worth.
When you buy older equipment, you won't see high depreciation costs. The longer a piece of equipment has been on the market, the more its costs will settle. With its value staying steady, used equipment typically experiences slower depreciation. Buying used means you don't have to bear the brunt of a piece of equipment's initial depreciation. Since you won't have as much depreciation, you can often get a better resale price in proportion to what you initially paid.
Since a used piece of equipment is usually on the market for some time and standard across the industry, your staff may already be familiar with it. The widespread use makes it more likely your staff members will already have experience operating the equipment. This saves your company time on training and gets your equipment rolled out to work sites sooner.
Many dealers offer warranties for the used wheel loaders they sell. These warranties can give buyers who want to ensure they're getting high-quality used equipment some peace of mind. You may be offered multiple warranty options and packages, meaning you can find one ideal for your needs.
Used equipment generally comes with lower insurance costs since most insurance companies base their pricing and premiums on how much it costs to replace the equipment. When you buy used, the equipment's replacement costs are going to be lower, which means your insurance costs will be lower as well. This can save your company money in the long term and keep your monthly costs lower, freeing up capital for other ventures.
The situation is simple enough: You need a used wheel loader. Whether youre boosting your fleet or adding in a new machine to expand your operations, you might be wondering exactly what to search for, what to inspect, and how to make sure the wheel loader you find is truly the wheel loader you need. To help, weve put together this short used wheel loader buying guide.
Read on for our short tips and hopefully youll be a few steps closer to finding your perfect machine.
Because wheel loaders come in such a wide range of sizes, finding the right wheel loader can seem a little like being Goldilocks in the house of the three bears This wheel loader is too big and this one is too small. But finding the wheel loader that is just right for you and your jobs will come down to taking a close look at the work youll routinely be undertaking and finding a wheel loader that fits that work.
To determine the size you need, it helps to start with the absolute maximum size job youll need it to do and make sure the wheel loaders youre researching can all handle that job. Remember, it might be inefficient to use a wheel loader that is too big for a job, but it's impossible to get an underpowered loader to do more than it can. But you should also be smart in your evaluation. If you buy a wheel loader for the once in a lifetime big job, it might make more sense to plan around that job.
When considering the wheel loaders size, take the following into account:
The bucket on the machine youre looking at might not be the one youll end up using, but you need to know that the size of the bucket the loader can handle will work for you.
Your loader, generally, works alongside other equipment and you might already have those machines rolling. An undersized wheel loader can slow down your operation as it needs to work harder to fill trucks or push materials and force equipment to wait.
Compared to some other construction equipment, a wheel loader can be a fairly swift and nimble member of your machine team. When youre thinking about size, it can be helpful to imagine how it will move around on your worksites. Do you need something snappy and flexible to hop from job to job or will the loader mostly stay in one place? Are clearances tight or will the loader be working in the great wide open?
A large wheel loader is at home in a wide open quarry, but would be out of place and hard to use in a tight area like a small hyperactive construction site in a city.If youre researching used wheel loaders for sale, youve probably already made the decision that new isnt the right choice for you. And you can have reached that decision for a lot of reasons: availability, costs, familiarity. The good news is that a wheel loader is a tough machine and with a little research you can often find a great machine at a good price.
Deciding how old of a wheel loader to buy is easiest when you take into account how it will fit into your operation. Ask yourself some basic questions like:
When evaluating exactly what vintage of wheel loader works for you, it can also help to think strongly about your team. A newer machine might bring new efficiencies with it, but training operators and/or mechanics can also add time to your bottom line.
While Volvo is credited with inventing the first wheel loader in the s, once the wheel loader was introduced it quickly became popular and since its introduction a number of manufacturers have put their own spin on the machine. When it comes down to deciding the brand for you, it, again, comes down to weighing your options. If you have other machines from a certain manufacturer, theres always some efficiencies in aligning to one brand from understanding similar patterns in designs to a familiarity in certain controls.
If youre more open to exploring manufacturers, often the best way to evaluate the machine is simply to run the machine through a few tests. Every manufacturer has certain ways of designing their machines and some of those decisions can come down to personal preference.
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Since you are shopping for used, you will also want to, again, consider the availability of used parts. While not always the case, often a popular model from a popular manufacturer will mean theres a better chance of finding a replacement part, if the need arises.
Some of the most popular wheel loader manufacturers are:
Once youve narrowed down your search, youll start looking at actual machines and to make sure youre taking a close look at some of the most important parts, youll want to be sure to pay extra attention to a few particular parts of the loader.
The bucket on the machine can often be changed later and you might find a machine that is underpriced because the bucket needs work, but thats something youll want to plan for ahead of time. Since a loader is only as good as its bucket, youll want to be sure the bucket is up to the job going forward. Check for wear in edges and teeth and look for any spots that have worn thin. Youll also want to look for cracks or welds. While a crack or weld doesnt mean the bucket wont last, they should be noted, with an even greater emphasis put on cracks or welds in critical places like pin ears.
Read our Wheel Loader Bucket Buying Guide
Learn How to Measure A Loader Bucket for Replacement
Unless a loader bucket worked in a feather factory, it will show signs of wear in its edges. How worn the bucket is should be clearly communicated by the seller so you know what you're getting.While proper fluid levels when the machine is being sold dont mean that proper fluid levels were maintained for the life of the machine, if you do find low fluid levels it can mean that the machine has been neglected or is leaking at such a rate that maintaining them is difficult.
Both wheel loader tires and rims can be replaced later, but youll want to account for that cost in your eventual calculations. Youll also want to see if the tires will fit with your work and your common worksite terrain perfect tires that youll have to swap out because of their design arent always a great selling point.
If you do discover the tires need to be replaced, a little extra research around the cost to replace them can occasionally reveal a better understanding of the value of the machine. Most buyers prefer a machine that's ready to roll straight from the sales lot to a working jobsite, but if poor tires are dragging down the price considerably and youre willing to buy a machine and tires separately, you might be on your way to finding value where others didnt.
Read Our Used Tire Buying Guide
Getting access to maintenance records for a machine is always helpful, but not always possible. Still, taking a close look at the engine can often shed light on its condition. If you have access to the machine, youll want to take a close look at the engine and note signs for how it's been maintained. You should also start it a few times to see how easily it starts and even listen to how it runs. If the transaction is online, you should request plenty of pictures and dont hesitate to request a video of the machines engine running today this information is easy enough for anyone to capture and send so that it shouldnt be too much of a burden to a seller.
A good working bucket cylinder and boom cylinder on a wheel loader are critical to the machines performance and even minor leaks can be a sign of bigger issues on the horizon. If you have access to the machine, you should check for leaks and also run the bucket through a few actions to note if it feels sluggish or its movements are irregular or stuttering in places.
While a bucket cylinder can be replaced, it's always important to take a close look at the condition of cylinders for leaks and damage to the chrome.If youre reading this in , youve probably already discovered a triple tidal wave of trends that are influencing costs for wheel loaders (new and used): An uptick in construction projects have led to more competition from buyers, many companies are expanding fleets in anticipation of new infrastructure projects, and lingering supply problems are causing both machine shortages and parts shortages.
While these trends have led some to reinvest in their current wheel loaders to extend their life until prices level out, not everyone can wait and no one can pinpoint the date that everything will normalize. The good news, and the reason why youre likely searching, is that two of the trends can equate to an uptick in business if youre in an affected industry. You can decipher some ballpark prices for what you should pay by sitting down and determining your return on investment using figures like costs youll save on maintenance or new income youll bring in with the wheel loader.
If you've searched for even a minute, you've probably already found that conditions for used loaders can range from slightly used to ... very used. Finding the sweetspot for you can take a little research.If youll be buying your wheel loader online, youll want to find the best machine from the best seller. A good seller should be open to your questions and responsive about the condition of the machine. Unless youre buying from an individual, you should research your seller to ensure they have a solid reputation. And dont hesitate to request images and even video of the machine to help ensure you both agree on the condition of the machine and its important components.
By now, you should be well on your way to finding the perfect wheel loader for your business and putting it to good work for a long time.
At H&R, weve developed a thorough and qualitative evaluation process for every machine that arrives at our locations. For the machines we resell, that inspection process helps us ensure that when a machine arrives to a customer its exactly what they were expecting.
Most of the wheel loaders that pass through our hands are headed to salvage, however, but that rigorous inspection process is still the first step to evaluating a machines parts and determining where theyll head next.
If you find yourself searching for replacement wheel loader parts (for the machine youre still searching for or the ones you have), our Parts Specialists are always here to help. You can check our dismantled machines list to see if weve recently dismantled your machine or feel free to simply contact us and well search both our inventory and our large, connected parts network. Just drop us a note.