How to Assess the Value of Used Industrial Woodworking Machinery

By March 23, 2018Uncategorized

If you operate a small woodshop that you dream of converting into an industrial woodworking operation, the biggest obstacle to your success will probably be the cost of industrial woodworking machinery. While no woodworking machinery is cheap, industrial woodworking machines can easily cost six figures. As a result, some woodworkers surrender their goal of industrial woodworking-a decision that’s premature if you haven’t investigated how much you can save by buying industrial machinery used.

While everyone wants to begin a new operation with new machinery, purchasing used woodworking equipment often brings new machine quality at a used machine price. Due to its superior construction, industrial woodworking equipment commonly has a useful lifespan of 30 years or more. However, just because a machine offers a lengthy lifespan doesn’t mean that its former owner didn’t reduce the lifespan by improperly maintaining a machine. As a result, it’s best to carefully assess the quality of a used woodworking machine, regardless of its age.

If you search the Internet for tips on evaluating used woodworking equipment, you won’t encounter much advice. That’s because, as with any purchase, the tendency is to view a new purchase as deserving the most assessment, when really it’s the other way around. Below, we list four steps that will help you arrive at a used woodworking machine that offers new machine quality at a used machine price.

Step 1: Only Buy from a Professional Seller of Used Woodworking Machinery

Only buying from a professional seller means avoiding buying from online auction sites and company auctions. When buying from these sources, the risk isn’t in being cheated; it’s in trusting that an unknown merchant or company official will possess the expertise to assess the dependability of a machine, which means everything if you’ll be using it for a high output operation.

Step 2: Research a Seller’s Reputation at the Better Business Bureau (BBB)

It’s amazing how easily consumers can assess purchase risk by checking with the BBB, where sellers that don’t please their customers receive customer complaints on their record. If a company cares about their customers, they resolve these complaints. Otherwise, the complaints become classified as “unresolved”, which is bad for business. The rule on this one is simple: avoid sellers that have unresolved customer complaints.

Step 3: Request a Copy of a Machine’s Official Maintenance Record

Also known as a logged service record, a machine’s official maintenance record offers a valuable look into its future reliability, with machines that receive irregular maintenance offering the least dependability. If a machine doesn’t have an official maintenance record or has a record that reveals spotty maintenance, don’t buy it.

Step 4: Inspect a Machine Firsthand

Have you ever visited a house that looked terrible in person despite looking great on a realtor’s website? The same thing can happen with woodworking equipment. If you’re shopping online, you can assume that sellers will post the best pictures of a machine, which could disguise its true wear. Therefore, it’s best to inspect a machine firsthand before buying it, or have an expert third party inspect it for you.

Source by Mike Barone

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