Capital Equipment News April 2021

USED EQUIPMENT

A used Vermeer horizontal directional drilling machine being refurbished.

The pros and cons of used equipment With the current financial climate battered by the COVID-19 pandemic, budgets for new capital equipment have largely been cut, making the used and refurbished offering more attractive to prospective buyers. This article takes a closer look at the advantages, disadvantages and possible pitfalls of taking the used equipment route. By Mark Botha .

A ddressing the impact of the current financial climate on used equipment sales, Vermeer Equipment Suppliers MD Frank Beerthuis says his company has had consistent sales in the sub-Saharan African market throughout the COVID-19 pandemic. “We are seeing an increase in the number of enquiries for used machines,” he says. “There are only a few used models of the niche-type equipment that we supply available on the local market. We have been importing quality used machines from Vermeer dealers in the USA to meet the demand.” BLC Plant CEO Luigi Stravino concurs, saying that, while the current financial climate has brought about a shortage of liquidity which affects purchasers of both new and used equipment, budgets for new equipment have been cut and re-worked for used alternatives.

“We are seeing an increase in the number of enquiries for used machines. There are only a few used models of the niche-type equipment that we supply available on the local market. We have been importing quality used machines from Vermeer dealers in the United States to meet the demand.”

Frank Beerthuis, MD of Vermeer Equipment Suppliers

TALKING POINT

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