There is a flourishing business in Used Conveyors and conveyor parts. Original users sell them for various reasons, like expanding, streamlining or modernizing their facilities. Dealers with large storage space buy secondhand equipment for resale. These are sometimes sold as they are or, in many cases, reconditioned or rebuilt. Such transactions benefit all three segments, the first user, the dealer and the buyer. Almost all parts and complete conveyor systems are available through this channel. Some dealers have expert consultants and undertake turnkey assignments for small as well as large projects. Generally the quality is good, and the equipment gives trouble-free service for long periods. There are dealers who offer warranties for what is bought from them, and service contracts so that the maintenance costs can be kept low. Some even provide training. With certain dealers a lease option is also available. Normally, the dealers are dependable and honest businesspeople. Nevertheless, it is prudent to take certain precautions when you sell or buy used machinery. If you are selling, keep the following points in mind. One practice in this business is that the dealer collects the items that are for sale and keeps them on a consignment basis in his store. You are paid when they are sold, after deducting the dealer's cut. This procedure has obvious drawbacks. It is better to sell on cash down basis. Another important aspect is the time that is taken for dismantling the machines and removing them from your facility. Stipulate a fixed period for completing the job. A third one is to insist on the buyer cleaning up your premises after the job is finished. In case you are buying directly from the first owner, check the condition of the equipment and the terms. If the transaction is through a dealer, look into his history and the projects for which he has made supplies. Shop around, inspect the items and negotiate the terms. Ensure that the material conforms to the applicable specifications and government stipulations. By and large, the Used Conveyor business has contributed much to successfully establishing and running plants with low investment. |
