I recently interviewed an individual that spent her childhood in post war Europe after World War II. Guess what folks, I was told that the economy is worse now than it was after a world war. We are all looking for ways to save a buck and in today’s market, every little bit helps.
Opportunity abounds if you are looking for them. Smart business owners are looking for ways to expand and maintain their current holdings by purchasing new to them equipment. With a great deal of closures because of down-sizing, right sizing, or company closures, used and refurbished warehouse equipment are being liquidated at an enormous discount. We are talking about trucks, conveyors, loaders, lift trucks, air compressors, and much more at a fourth of the price of new equipment.
The savings of purchasing used and surplus equipment can offset the cost of shipping, even for tremendously heavy equipment like trackers. Specialty online and live auctions houses have become popular options for a variety of industries including manufacturing, third party logistics companies, as well as warehouse facilities.
The internet is a popular method to begin your search. It is recommended that you research the auction house to ensure it is a reputable provider. Keep in mind that it is best to view physically your merchandise before actually purchasing. Unfortunately, there are scam artists that will take advantage of you if you have little knowledge of the product and have not invested the time to review the merchandise before purchasing.
Happy Shopping.
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2 comments:
Not only is acquiring machinery and equipment through this means a good idea, but it can also make room for creative financing options through lease programs. With traditional lending tightening up, this is an opportunity to increase material resources and make room for internal financing in a single stroke.
Exactly! Sellers have also become quite flexible, because of the difficulty of selling their items, so creative financing is a great alternative.
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