Most construction projects would at some point require heavy machines such as roller compactors, standard and mini excavators, or even skid steers or cranes depending on the type of project. In most case scenarios, independent contractors would prefer to obtain machines such as excavators and roller compactors for hire, however, for established contractors who manage multiple projects, owning a heavy machine might be more cost effective in the long run.
However, generally heavy machines are expensive and eat up a huge chunk of the company’s working capital and therefore it is crucial for such companies to take several crucial factors before purchasing such equipment. This article examines the primary factors that a construction outfit should take into consideration before buying expensive heavy machines.
Brands
Among the primary consideration that must be given before buying a certain type of heavy machine is the brand. Brands basically offer confidence to consumers and due to this very reason, it is always advised to buy heavy equipment from well established brands such as Komatsu, Kubota, Caterpillar, Dynapac, Hitachi and others that have a good track record for good quality heavy machinery.
It is due to this that most companies that offer heavy equipment such as roller compactors, excavators or cranes for hire own branded machines due to the better after sales service, warranties, and maintenance assistance. Branded heavy machines are generally more expensive compared to lesser-known brands, however, they come with robust components and cutting-edge technological elements that reduce project turnarounds and consume less fuel. In the event that buying a branded heavy machine will pressure working capital, it is best to hire such machines for the time being.
Technical Expertise
Before buying any heavy equipment, it is best that the buyer consults an expert on the technical aspects of the target equipment. Although one might be and experienced contractor in the construction business, technical understanding of equipment is an entirely different thing.
Talking to an expert about a machine will give buyers a clear perspective on the advantages and limitations of a machine. It would be wise to invite an expert to a heavy equipment showroom as they would be able to ask fundamental or critical questions about the machine and also check the machine on site and finally provide proper advice before any money is paid.
Hydraulic Attachments
Modern heavy machines such as excavators, roller compactors and skid steers come with advance hydraulic coupling links that are able to accommodate a wide variety of excavator attachment hire options. It would be wise to check the types of attachments that are available for the machine before buying such machines and also check if these attachments are available on the market for hire.
This is simply because, hydraulic attachments are also pricey and it is usually recommended to obtain these hydraulic attachment tools on hire as it would be a cost-effective strategy compared to buying these tools that are also expensive.
