Welp MagazineWhen starting a new project, it helps to know that you are going to a site that uses the best equipment. Used equipment may save you a few bucks short-term, but the long-term ramifications might outweigh that small gain. These advantages of buying new construction equipment explain why it’s worth spending a little extra money.
Avoid Repairs
Maintenance costs are there whether the equipment is new or old. Bringing in the latest machines on construction sites prevents you from dealing with a breakdown. But you don’t need to worry about an exorbitant repair cost for new equipment. You should consider a few factors before buying your construction equipment, including avoiding those repair costs. That’s more than enough reason to buy new if you can. Working every day knowing they’re using dependable machines gives crew members peace of mind.
Extended Warranties
Another way of feeling secure with your purchase is knowing that any new equipment has a warranty. A breakdown isn’t imminent for new equipment, but knowing any fix isn’t coming out-of-pocket has its benefits. Most manufacturers also offer additional warranty coverage.
Employee Retention
Working with old equipment may frustrate several construction workers. Laborers tend to stay on longer when they get to operate new machinery because they are working with the finest pieces of technology the construction world offers today. More recent versions are simpler to maneuver and usually are more comfortable than their older predecessors.
Tax Breaks
Any investment like purchasing new equipment has financial advantages along with production. Considering your equipment will be a new investment, you can use it as a write-off to help for tax time. The deduction may offset any concerns you have about the purchase. Get in touch with a tax accountant to forecast if the acquisition makes sense.
Increase in Productivity
Happy workers mean more productive ones. The advantages of buying new construction equipment do wonders for efficiency. With newer machines staying operational, there is no downtime waiting for repairs. Blue-collar workers can do their jobs in a timely fashion with state-of-the-art machines, so you know you can do the job right.
