Construction, Mining, and Logging Equipment Sales & Equipment Rentals!

Buying Heavy Equipment

Buying heavy equipment, whether online or in person, involves several options and methods. Here’s a breakdown for both Canada and the USA:

Online Buying Methods

1. Manufacturer Websites:

• Major manufacturers (like Caterpillar, John Deere, etc.) often have online showrooms where you can explore their full range of equipment, specifications, and pricing. Cat Financial is always a great resource for used quality Caterpillar Equipment. You may also find options to request quotes.

1. Auction Sites:

• Websites like Ritchie Bros., IronPlanet, and Bidadoo specialize in heavy equipment auctions. You can bid on used machinery, often at competitive prices. Make sure you research fees and any special circumstances before bidding.

1. Classified Ads:

• Platforms like Craigslist, Kijiji (Canada), and Facebook Marketplace allow individuals and businesses to list heavy equipment for sale. This can be a great way to find local deals.

1. Equipment Dealers:

• Many dealers have online inventories. You can browse new and used equipment, check prices, and even apply for financing online. Some popular dealer websites include MachineryTrader and Equipment Trader.

1. Specialized Marketplaces:

• Websites like EquipmentWatch and TruckPaper focus on heavy equipment listings and provide tools for comparing prices and features.

1. Finance and Leasing Companies:

• Some financial institutions and leasing companies have online platforms that allow you to purchase or lease equipment, often with financing options.

In-Person Buying Methods

1. Dealerships:

• Visiting local heavy equipment dealerships is a traditional method. You can see the equipment firsthand, ask questions, and negotiate prices.

1. Auctions:

• In-person auctions (like those held by Ritchie Bros. or local auction houses) allow you to inspect equipment before bidding. This can also create opportunities for deals.

1. Trade Shows and Expos:

• Industry events provide an opportunity to see a variety of equipment, meet manufacturers, and network with dealers. They often have special promotions or financing offers.

1. Private Sales:

• Buying directly from individuals or businesses can be arranged through word of mouth or classified ads. It’s important to conduct thorough inspections and verify the equipment’s condition and history.

1. Equipment Rental Companies:

• Some rental companies sell their used equipment after a certain period. This can be a good option if you want well-maintained machinery.

Tips for Buying

• Research: Understand the equipment you need, including specifications, market prices, and brands.
• Inspect Thoroughly: Always inspect used equipment personally or hire a professional to assess its condition.
• Check Reviews: Look for reviews or testimonials about dealers and auction sites to ensure reliability.
• Consider Transportation Costs: Factor in the cost of transporting equipment if it’s not local.
• Understand Financing Options: Explore financing or leasing options if upfront costs are a concern.

Regulations and Licensing

• Be aware of any regulations regarding the purchase and use of heavy equipment in your area, including licensing, registration, and safety standards.

By utilizing a mix of these methods, you can find the right heavy equipment to meet your needs, whether you prefer the convenience of online shopping or the personal touch of in-person transactions.