Buying used
machinery can be a tremendous advantage
to a woodworking shop or the do-it-yourselfer.
Often good used woodworking machinery can be
purchased for a fraction of the original cost.
These machines can come from many sources.
The machines might be older machines that a
company is selling because they are being replaced
with newer models. The machines might be from
a company that is going out of business or
is changing its operations such that the machines
will no longer be needed. There are also machines
that have been repossessed by financial institutions
or seized by the IRS in lieu of delinquent
taxes.
Tips
For Buying Second Hand Woodworking Machinery
Smart
shoppers can find second hand woodworking
machinery in some pretty unusual places. Woodworking
machines and tools often turn up at estate
sales and auctions. They are sold online and
listed in local and regional classifieds.
They are sold through industrial supply houses
and tool dealers who also sell new equipment.
Companies that are liquidating will often make
private sales of this equipment. Internet auction
sites have become a popular for buying and
selling this type of equipment.
Some
tips for buying second hand machinery include
the following.
1.
Inspect the machine carefully for excessive
wear or abuse. When buying online, look at
all available photos. Ask for additional photos
if you cannot really determine the condition
of the machine.
2.
Look for recognized brand names. Just when
buying new machinery, you will want to buy
machines that can be serviced or repaired as
necessary. Little known or out of business
manufacturers will not be able to provide those
services.
3.
Do not be afraid to negotiate the price. Sellers
often list merchandise at prices higher than
the price they expect to receive, allowing
room for such negotiation.
4.
Protect yourself against scam buyers. One of
the popular scams is for a buyer to offer full
price for the machine. The buyer is going to
send a cashier’s check to cover the
cost of the machine and shipping. Excess funds
in the check are to be returned to the buyer.
This is most often a scam. When you get the cashier’s
check with will be a forgery.
The work that can be produced by a do-it-yourselfer
or a small shop can be greatly increased by
shopping for used machinery.
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