Buying heavy equipment is a significant decision, whether you’re a farmer in Texas, a construction worker in Oklahoma, or a miner in New Mexico. It’s more than just picking out a machine; it’s about investing in the backbone of your operations.
At ASCO Equipment, we understand that choosing the right heavy equipment can be tough. That’s why we’re here to help you every step of the way. Our team is dedicated to providing the support and guidance you need to make the best decision for your specific needs.
As a family-owned and operated company, we know what’s on the line for our customers. Supporting the people who build, fuel, and feed our communities is our number one priority. Here are ten crucial points to consider, designed to help you navigate the process with confidence and clarity.
1. Assess Your Needs
Start by clearly defining what you need the equipment for. Are you looking to handle heavy loads on a construction site, or do you need machinery for agricultural tasks like plowing and harvesting?
The type of work you’ll be doing will dictate the kind of equipment you need. For example, farmers might prioritize versatility and ease of maintenance, while construction workers might look for durability and power. Understanding your specific requirements is the first step in narrowing down your options.
For construction workers, consider the CASE CE 621G Wheel Loader, known for its power and durability, ideal for heavy lifting and loading. The CASE CE 580SV Backhoe Loader is versatile and perfect for digging and material handling.
For farmers, the CASE IH Farmall 120A Pro offers versatility for various tasks, from tilling to planting. The CASE IH RB456A Standard Round Baler is excellent for efficiently baling hay, ensuring a productive harvest season. Understanding your specific requirements is the first step in narrowing down your options.
2. Research Equipment Features
Once you know what you need, delve into the specific features of the equipment. Look at things like horsepower, load capacity, fuel efficiency, and technology integration. For instance, modern heavy equipment often comes with GPS systems and telematics, which can help track the machine’s location and performance. Consider how these features can improve your workflow and productivity.
3. Consider the Total Cost of Ownership
The sticker price is just one part of the equation. The total cost of ownership includes fuel, maintenance, insurance, and possible downtime. When comparing different machines, think about how much it will cost to keep them running. For instance, an older model might have higher fuel consumption, leading to higher operating costs over time. A new model may be more fuel-efficient and more cost-effective in the end. Make sure to factor in these costs to get a realistic picture of what you’ll be spending and to fully understand the value of your investment.
4. Explore Financing Options
Construction and farming machinery are big investments, and most folks will want to explore all of their options. Look into various heavy equipment financing options, such as loans, leases, and rent-to-own agreements. Each option has its pros and cons. Leasing might offer lower monthly payments and maintenance packages, while purchasing might give you more control over the equipment.
ASCO offers a flexible rent-to-own program, allowing you to apply a portion of your rental payments toward the purchase price if you decide to buy the equipment, making it a practical option for testing equipment before committing. Consider what works best for your financial situation and long-term goals.
5. Check Equipment History & Condition
If you’re considering used equipment, it’s crucial to inspect its history and current condition. Look for signs of wear and tear, check the maintenance records, and, if possible, get a third-party inspection. Knowing the equipment’s history can help you avoid costly repairs down the line. Also, consider the availability of parts and services for the equipment you’re buying, as this will affect maintenance costs and downtime.
6. Evaluate Resale Value
Even if you plan to use the equipment for a long time, it’s smart to consider its resale value. Some brands and models hold their value better than others, which can be beneficial if you decide to sell or trade in the future. Research the market trends for the type of equipment you’re buying to get an idea of how well it retains value. ASCO’s in-house experts are here to help—call us any time at (800) 687-0008.
7. Prioritize Safety Features
Safety should never be an afterthought. Modern heavy equipment comes with various safety features, such as backup cameras, seat belts, and automatic shutdown systems. These features not only protect the operators but also reduce the risk of costly accidents. Make sure the equipment you choose meets all safety regulations and standards.
8. Understand Warranty & Support Options
A good warranty can save you a lot of money and hassle if something goes wrong. Look for equipment that comes with a comprehensive warranty covering parts and labor. Additionally, consider the level of customer support offered by the dealer or manufacturer.
Having reliable support can make a big difference, especially during peak seasons when downtime can be costly. At ASCO, we’re available around the clock, providing award-winning service and support. We are here to help you maximize uptime and keep your projects on track.
9. Test the Equipment
Before making a final decision, try to test the equipment. Many dealers offer demo models or rental options, allowing you to get hands-on experience. This can give you a better understanding of how the machine handles and whether it meets your needs. Testing the equipment can also help you identify any issues or concerns before making a significant investment.
10. Plan for Long-Term Maintenance & Upkeep
Finally, consider the long-term maintenance and upkeep of the equipment. Regular maintenance is crucial for keeping your machinery in good working order and extending its lifespan. Make sure you have a plan for regular inspections, servicing, and repairs. Our planned maintenance packages are designed with one thing in mind—to keep you up and running.
Key Takeaways for Buying Heavy Equipment
Buying heavy equipment is a major decision that requires careful consideration and planning. By focusing on these ten key areas, you can make an informed choice that supports your business for years to come. Remember, this investment isn’t just about buying a machine; it’s about building the foundation for your operations’ success and longevity.
As a family-owned and operated company with over 60 years of experience, ASCO understands the importance of trust and reliability in the equipment industry. Our core values—honor God, develop people, pursue excellence, and grow profitably—guide everything we do. We are passionate about providing industry-leading equipment and exceptional customer service.
Explore Your Heavy Equipment Options in TX, NM, & OK
With over six decades of experience, ASCO Equipment understands the needs of the construction, agriculture, and mining industries. We stock only the best equipment to help you get the job done. Contact us today at (844) 939-0845 or visit our website for more information. Whatever you need, we’re on it!