Three major money making tools for second-hand excavators

2010 was a hot year for mining machinery, and second-hand excavators also took off. In the first quarter, sales were 1.5 times higher than the same period. What are the ways to make "huge profits" by purchasing second-hand excavators?

1、 Renting out

Renting out excavators is one of the biggest tools for making money, and buying a second-hand excavator and renting it out is undoubtedly the wisest choice. Rented excavators are easily subjected to rough operations by the user, and if a new excavator is damaged, it can be distressing. And second-hand excavators are the most cost-effective, according to statistics, 80% of rental excavators are second-hand.

2、 Short term engineering utilization

Many investors quickly transfer second-hand excavators after purchasing them for some projects, in order to earn construction costsUsed excavatorIt doesn't have to bear much depreciation cost and can be transferred. This is not realistic for a new excavator.

3、 Investment reselling

In some places where information is underdeveloped, people who usually need excavators are "old and crude" and do not know how to use the internet to find their favorite second-hand excavators. And there are no suitable sales points in the local area, which gives investors an opportunity to take advantage. They transport these machines back to the local area at a lower price and resell them to people who need them locally. It is also one of its magic weapons for making money!