It’s important to buy a used industrial woodworking machinery on the right price. Used power tools with brand new price rates aren’t worth paying for. Thing is, gauging the current value of a used machine is quite tricky. Hence, you should learn the essential factors that pull down the value of an industrial tool.
Tips in Gauging the Value of a Used Industrial Woodworking Machinery
Be sure to identify the original SRP of a specific power tool model. Then, slash 10% off from it.
Note that brand new equipment lose around 20% of its value right upon purchase. Aside from value depreciation, such amount includes warranties and replacement guarantees among other deals. You won’t enjoy those if you’re not the original buyer who holds the receipt.
Then, proceed by checking the entire machine. Inspect wear andtear, and if the machine function seamlessly as it should be. The seller should let you try a unit such as actually cutting a board. This would account around 20 or50% off from the original price, or to the point of needing to find another option.
Check all parts of the machine, including its necessary accessories. Make sure nothing is missing. Account the value of its replaced parts as well.
Consider the general cleanliness and maintenance of the machine as well. Yes, it’s a machine, so many buyers expect it to be filled with sawdust and grease. Thing is, a dirty machine means it lacks proper care and maintenance from its owner.Also, you need to spend few hours cleaning a messy unit up instead of using it in your shop right away.
Considering the points above would give you a leverage in negotiating for a more reasonable price. Be sure, however, to give enough value to positive points as well. That would make the seller see you as a trusty buyer.