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Neworused

New or Used

“Normally, I always try and purchase new. In our type of industry, the machines that are for sale ‘used’ are usually beat up pretty bad. If I had a chance to purchase a new machine that was [repossessed] from the bank, then I would buy used, otherwise I always purchase new.”

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Full Article originally posted on Canadian Metal Working:
Date: October 16, 2013 at 9:00 am by Nate Hendley
Floor space: New or used machines?
Shop owners weigh in on whether buying new or used machines is the way to go.

“When you purchase a machine or cutting tool, do you always buy new or have you ever purchased second-hand? If you have bought used, how did things work out?”

“Normally, I always try and purchase new. In our type of industry, the machines that are for sale ‘used’ are usually beat up pretty bad. If I had a chance to purchase a new machine that was [repossessed] from the bank, then I would buy used, otherwise I always purchase new.”
— Larry Stuyt, president, Ontario Laser Cutting, Tillsonburg, Ontario

“We have bought new and used equipment. Buying new or used, there are still start up problems. A good quality used machine is sometimes better than a new one.”
— Peter Alden, co-owner, Wessex Precision Machining Ltd., Ayr, Ontario

“We have purchased both new and used. We actually found that in some cases, our used machinery had fewer issues than our newly purchased machinery.”
— Adriano Oppio, vice-president, Classic Tool & Die, Oldcastle, Ontario

“We have purchased both new and used equipment through the years. Only once did we buy a piece of equipment that turned out to be a real lemon, but the company that sold it to us came through with the repairs. In the process, they earned a customer for life. We always give [this company] the first kick at the can when we look for equipment both new and used. We do not hesitate to buy used equipment.

“We look at the pros and cons of going with a specific piece and in the end we weigh what option gives us the best bang for our buck. When buying CNC equipment, we prefer new to get the most up-to-date equipment available, while with conventional equipment we tend to look at used first.”
— Marco Gagnon, co-owner, Gagnon Ornamental Works, Grand Falls, New Brunswick

“MPPM has one big CNC [tool] bought new for reasons of service and support.”
— Steve Cotton, owner/president, Micro Precision Parts Manufacturing, Vancouver Island, B.C.

“We often look for second hand machinery which has worked out well for us in the past. There are some issues that you have to be ready for and understand. If you are careful in your selection and understand the hidden cost, then you can see tremendous cost savings by purchasing used. Some of the things you have to be prepared for are minor repairs, teardown and installation, rigging cost, shipping cost, electrical certification (if you are bringing the machine in from out-of-country).”
— David Glover, owner/CEO, Harbour Technologies, Windsor, Ontario

“Our history shows that we usually buy new.”
— Chad Plath, shop manager, D-M Precision Products, Dunnville, Ontario