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We have no idea why people have a bad rep associated with the phrase “used construction equipment.” Many people assume investing in second-hand construction equipment means compromising on quality and taking on hidden risks. However, that isn’t even remotely true. In fact, as of 2023, the market size for used construction equipment was $109 billion. 

Source: https://thompsontractor.com/blog/construction-equipment-trends/

Used construction equipment in Ontario is quite efficient and reliable, and if you are getting confused with some common myths floating around, don’t worry. We are here to clear the air and help you see why pre-owned machinery can be the perfect fit for your next project.

Myth #1: Used Equipment is Always in Poor Condition

Instantly, people imagine old, worn-out machines that are barely operational when they hear “used” for any construction equipment. However, the truth is far from that. If you are picking used construction equipment for sale in Canada, every piece is carefully inspected and maintained before being sold.

We meant to say think about it; construction companies depend on their equipment to complete the jobs efficiently. So, to ensure that every machine is in its best shape possible, they would have to perform regular maintenance and repairs. When it’s time to sell, many dealers also refurbish the machines so they are in excellent working condition for the buyer. So, we would say investing in used construction equipment is pretty much a win-win!

Myth #2: Used Equipment Doesn’t Last Long

Some believe that used equipment is on its last legs and won’t last through another project. But here’s the reality: heavy construction equipment is built to withstand years of tough work. And while you are at it, there’s no way you can forget that reputed dealers usually also offer warranties or service agreements for used equipment, so you have complete peace of mind about the equipment’s reliability.

Myth #3: It’s Hard to Finance Used Equipment

Many people assume financing is only available for brand-new machinery. Not true! Financing options for used equipment are widely available, and in many cases, they’re just as flexible as those for new purchases. Equipment financing companies recognize the value of well-maintained used machines and are happy to work with buyers. Whether you need a horizontal drilling machine or an articulated dump truck, getting financial support for pre-owned equipment is easier than you think.

Myth #4: Used Equipment Lacks Modern Features

Think used means outdated? Not necessarily! Many construction machines manufactured in recent years come equipped with advanced features, like GPS technology, fuel efficiency systems, and even semi-autonomous capabilities. Buying used doesn’t mean you’re stuck in the past. In fact, you can often find equipment with the latest technology at a lower cost than the market price of brand-new equipment.

Myth #5: Buying Used Means No Support

This myth couldn’t be further from the truth. Reputable dealers don’t just sell you the equipment and leave you hanging; they provide after-sales support, maintenance services, and even training for your team. Plus, the construction industry is full of forums, resources, and service providers who can help you with repairs, parts, and technical advice, no matter where your machine came from.

Are you on the hunt for used construction equipment for sale in Canada? Browse through our site today and get efficient and cost-effective used construction equipment available at a fraction of the cost of new equipment.