Archive for July 14th, 2016

Three Factors Influencing the Price of Used Construction Equipment

Excavators

The decision to buy new or used construction equipment is a serious one. Not only are you making a major financial decision, you’re engaging in a long-term investment for your company.

The market can be a little bit tricky, though. Prices can fluctuate based on a variety of factors, and the equipment on the market may not necessarily be the best for your needs. However, there are certain factors to keep an eye out for when looking for the best heavy equipment.

Supply and Demand

Like any other industry in the world, the construction equipment market relies heavily on supply and demand to determine prices. As demand goes up or supply goes down, prices rise as businesses compete for available machines. Conversely, if the market is saturated with a particular type of equipment, buyers h

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