Your guide to buying earthmoving equipment for your business
If your business is looking to invest in earthmoving equipment for the first time, you’ll be aware that there is a lot to consider.
Making the right choice requires plenty of research and an understanding of what equipment is best suited to your needs.
Types of Equipment
When speaking of earthmovers most people immediately think of excavators. An excavator has a large hydraulic arm and a number of versatile attachments that allow it to tackle a number of jobs. The Grenfell Record notes it is typically used in digging, grading, rock-breaking, demolition and lifting, among many other things.
Loaders are similarly versatile. They can have a scoop or a backhoe attached to the front. This allows it to push, pull, dig, carry and otherwise move all manner of materials - from rocks and debris to sand and logs.
Bulldozers and Skid Steers
Another well-known earthmover is the bulldozer, and its close relative, the skid steer. Both are typically used to push or level dirt and other materials. The key difference between them is that a dozer uses tracks (like a tank), whilst the skid steer has wheels.
Purchasing the right equipment
To know what kind of earthmover to buy, you must understand the job you need it for.
Because each type of earthmover has its own uses, there are a number of factors you need to consider. You should research which manufacturers' offerings are best suited to your requirements.
After that, it's a good idea to consider whether you want to buy new or pre-owned equipment. If opting for the latter, make sure you can review the relevant maintenance and use records for the equipment. . Researching the seller is also a good idea at this time. iSeek Plant has more useful tips.
If you’re buying new, consider what technology features you would like (e.g. realtime tracking and sensor technology). IT News has a useful case study on how an earthmoving business harnessed technology to optimise use and simplify maintenance.
At Classic Funding Group, we offer solutions to help you finance the acquisition of earthmoving equipment. We will work with you to find the best strategy that will help your business grow. Get in touch with us today to learn more about what we can do for you.