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Why it pays to buy used machines and tools

posted 12.04.2021

Why it is worthwhile for companies to acquire second-hand production goods.
Small and medium-sized enterprises that buy second-hand equipment and machinery at auction often gain considerable competitive advantages.
We inform you about the economic benefits that especially craft enterprises and start-ups derive from an investment in second-hand machinery and tools.

Not only large industrial enterprises, but also SMEs, handicraft enterprises and company founders have discovered the advantageousness of buying second-hand machinery and other production items.
The date of manufacture of the used production equipment offered for sale is often not long ago and therefore often represents the current technological standard. The used equipment and machines offered in online auctions come to a large extent from company liquidations, insolvencies or also from estates.
The equipment and machines, which are often as good as new but have already been tried and tested in the production process, enable small and medium-sized companies to
to expand their production facilities in a targeted manner.
Craftsmen and company founders who keep a close eye on the market for high-quality second-hand equipment and machinery also do not miss unique opportunities to procure means of production at low cost.

 

Auctions: low purchase price means cost-effective expansion of production capacities 

As a rule, used equipment and machines are available at significantly lower prices than newly manufactured means of production. Depending on quality and condition, the price reductions are often 30 to 70 percent compared to the price level of newly manufactured equipment and machines.
The lower purchase price, despite the high quality of the tools and machines, is easy on the liquidity of small and medium-sized enterprises. For some crafts enterprises and start-ups, the cost savings achieved through the favourable purchase of a desired machine allow them to acquire additional production goods and to strengthen their core business in a targeted manner.

It can take weeks or even months for a new machine to be delivered after an order has been received from a machine or tool manufacturer. Industrially used special equipment is usually not produced in stock, but only manufactured after a corresponding order has been received.
However, time delays until the delivery of brand-new machines and equipment quickly trigger a production bottleneck that can severely affect the economic development of a company and even threaten its existence.
- The possibility of accepting and executing lucrative orders on schedule is limited if production facilities cannot be expanded quickly. In addition, there is the threat of a permanent change of important existing customers to competitors who are able to deliver.
- In any case, the acquisition of new customers only makes sense if sufficient production capacities are available.
The successful acquisition of new customers and the ability to fulfil orders received in a timely manner are particularly important for start-ups. Young companies should be able to access sufficient production capacities at any time in order to demonstrate their efficiency and flexibility to interested parties and thus build up a solid customer base as quickly as possible.
Thanks to the clearly laid out and user-friendly sales catalogue of the online auction house InventoryNord, small and medium-sized enterprises can quickly decide which online auctions they would like to take part in for the used equipment and machines that come into question for them. An on-site inspection of machines and other production goods is also possible.

After a successfully completed auction, the acquired production equipment is available for the production process at short notice.
Conclusion: buying high-quality used production equipment at auction quickly and inexpensively

- Means of production acquired by auction via an online auction platform enable small and medium-sized enterprises to react flexibly to incoming orders and to ensure that orders are executed on schedule.
- The acquisition of second-hand equipment and machinery can usually be handled faster and more cost-effectively than the purchase of a production plant that has yet to be manufactured.
than the purchase of new production equipment that has yet to be manufactured.

 

Buying second-hand equipment and machinery at auction: advantages for liquidity, credit lines and credit rating

The purchase price for equipment and machinery in auctions is usually significantly lower and therefore easier on a company's liquidity. Despite the high quality of the auctioned machinery, the available credit lines do not have to be used as much as in the case of the purchase of brand-new assets.
The use of credit lines required to a lesser extent leads to a reduction in future interest and redemption payments and thus also to an improvement in the cash flow of the enterprise investing in second-hand productons. The stronger financial power of an SME secures its economic success in the long term. Start-ups reach the break-even point earlier in view of lower costs for servicing their loans.
In addition, a lower debt ratio and a higher equity ratio made possible by the purchase of second-hand equipment and machinery are synonymous with a higher credit rating of the enterprise, which is of great importance for equity and debt capital providers. Lower credit utilisation and a higher equity ratio improve the credit rating, which is of decisive importance for the credit decisions of a house bank as well as for the amount of the calculated credit interest and the required loan collateral.

Advantage good market overview and transparent auction process
The digitalisation of the economy and means of communication enables small and medium-sized enterprises to efficiently search for second-hand machinery and tools that meet their individual needs.
-Market transparency: Visitors to the InventoryNord online auction portal get an overview of the used machinery and used tools currently on offer in a matter of seconds. The selection options offered by the InventoryNord online catalogue allow users of the portal to quickly narrow down to the desired product categories.
- Transparency of the sales process: InventoryNord also ensures transparency with regard to the process of the individual auctions.
- Purchase decisions and the submission of online offers can also be made after viewing a used machine or tool on site.
The transparency of the bidding and selling process and the associated opportunities for price comparison also ensure fair prices.
Small and medium-sized enterprises can find numerous used equipment and machines for a wide variety of purposes on the online platform of the InventoryNord action house.

 

The auction house InventoryNord particularly frequently mediates for small and medium-sized enterprises as well as start-ups.

- Machine tools,
for example
- Milling, turning and drilling machines,
- machining centres (processing centres) and
- Transfer centres for the complete machining of workpieces ,
- Machines and used tools for metalworking,
for example
- CNC machining centres,
- grinding machines,
- eroding machines,
- metal saws and
- metal presses,
- machines and second-hand tools for woodworking,
for example
- Wood CNC machining centres,
- gluing machines and
- panel and sliding table saws,

The auction house InventoryNord stands by small and medium-sized enterprises as well as company founders as a competent partner for the acquisition of used equipment and machines. You too can take advantage of the opportunity to build up or expand your production facilities with production equipment that is often as good as new.
Get an overview of the used tools and machines currently offered on InventoryNord and matching your needs!
Do you still have questions about the advantages of purchasing used tools and machines?
Then get in touch with us as soon as possible so that you do not miss any auction opportunities that match your company's needs. We look forward to meeting you and supporting you!

Foto von: Andrea Piacquadio von Pexels