Used loaders can be an incredibly cost-effective way to get a loader, but naturally comes with some risks. Purchasing a used loader may seem economically sound but you need to look at the long-run when looking at the economics. So consider the following factors before buying a used loader.
The short-term costs of buying a used loader are certainly appealing. There is going to be a significant initial cost savings when compared to the price of a new loader. But used loaders have miles on them. They have been used. They require much more maintenance than new ones. They may have even damaged at some points. We're not suggesting that this is true for all used loaders, but it is something that needs to be researched before making a decision.
You will probably have a specific job in mind when buying a used loader, so make sure that the model that you are getting is going to be up to the task. Some older models are going to be cheaper but may not have the turning radius, power, fuel type, or other specification needed to accomplish your job.
Once you have narrowed down the above 2 issues you will have a better understating of the long-term costs involved with buying the used loader you have decided on. Speak to a mechanic and a service center to get general pricing on the ongoing maintenance costs on your used loader.
Contact one of our locations to get an idea of the inventory and specs of any type of used loader for sale.