When you purchase or rent a backhoe for your business, you’re not just adding another piece of used construction equipment to your site. You’re getting a multi-faceted tool that can be transformed in many different ways. From landscaping to transportation, backhoes that have the right attachment can be used to complete a variety of jobs. You don’t have to rent hundreds of different machines for simple tasks — just use a backhoe! How? Keep reading to find out.
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How is the Depreciation of Construction Equipment Calculated?
If you are in the market to buy or sell construction equipment, you want to have a good understanding of how depreciation is calculated for construction equipment. Whether you are seeking a used articulating boom lift for sale or you want to list your own used Lull for sale, knowing the value of the asset is vitally important. Let’s take a closer look at three ways that construction equipment depreciation is calculated:
3 Ways Construction Equipment Depreciation is Calculated
Useful Life Depreciation
In accounting terms, the “expected useful life” is essentially how long a piece of equipment is expected to last until it must be replaced. The useful life of an asset is measured in years. The IRS uses useful life estimates to determine how long an asset can be depreciated. There are numerous variables that can affect the IRS’s useful life estimates, such as equipment usage patterns, how old the asset was when it was purchased, and technological advances.
Straight-Line Depreciation
The “straight-line” depreciation of construction equipment is calculated by dividing the cost of the equipment by the number of years in its estimated life. Under the straight-line depreciation model, the value of a piece of construction equipment depreciates in equal amounts over the course of its estimated useful life.
Declining Balance Depreciation
The “declining balance” depreciation model is an accelerated depreciation calculation. Rather than distributing the cost of the asset evenly over the course of its estimated useful life, an increased rate of depreciation is recorded early on, and the rate of depreciation gradually decreases over time. This method is typically used for equipment that receives relatively more use during the early years of its life.
Find What You Need at Worldwide Construction Equipment
Whether you are looking to buy or sell construction equipment, Worldwide Construction Equipment is your number one source for finding a mutually-beneficial deal. Our vast network of buyers and sellers allows us to offer customers an extraordinary range of products. Contact us today to learn more about our listings.
8 Tips for Keeping a Construction Site Clean
Here at Worldwide Construction Equipment, Inc., we like to provide information to our clients to help keep their construction sites clean and tidy. After all, as a leading provider of used articulating boom lifts for sale, we know how important it is to keep a site clean, safe, and efficient!
The following tips will help you and your staff to keep your construction site free from unsightly hazards.
Clear Access Points
Keep all sidewalks, roads, pathways, and stairways leading to or from your construction site clear and defined. This helps to prevent accidents and potential litigation if somebody gets injured by falling over debris.
Clear Trash Every Day
All trash should be swept up and contained in bins. Additionally, an end of day cleanup ensures that nothing has been missed. Try to make sure that disposal bins are never too full before they are transported away from the building site for permanent disposal.
Remove Unused Items
Any items and materials that are not in use should be cleared away from the working area and locked securely in their correct places. Not only does this make the site look tidier, it makes machinery and materials easier to locate when they are required.
Check the Toilet Facilities
The maintenance of toilet facilities is essential for the health and hygiene of all workers and site visitors. Also, portable lavatories should be placed behind construction barriers so that the public can’t access them.
Utilize Chutes
If you want any easy way to transport waste materials from high elevations, implement chutes on your building site. This keeps waste out of the public’s view and stops any debris from scattering across the site.
Dust Control
Implement best practices in dust-control and airborne pollutant prevention. This may include purchasing safety ventilation masks for all the workers on your site. This is especially important when demolishing older buildings that may contain asbestos.
Clean and Return Machinery
When your heavy machinery is standing idle, try to make sure that it’s kept clean and in its natural position. This will help prevent unnecessary accidents from occurring.
Stay Secure
Try to make sure that surveillance, locks, and security personnel are highly visible. This will prevent vandalism, theft, or break-ins from occurring.
For more information, or to discuss any of our construction products, including our used Lull equipment for sale, click here to contact us today.
5 Tips to Consider to Help Make Your Construction Site Safer
According to Keller & Keller, there over 150,000 construction site accident injuries every single year. As a leading provider of used Lulls for sale and a wide range of other wholesale construction equipment, we want to promote the highest standards of safety for all construction workers. Sure, construction work has its dangers, but many guidelines and regulations must be adhered to on construction sites, mostly about the safety of all who work there.
Below are some tips to help make your construction site safer:
Continue readingWhat Are the Benefits of Articulating Boom Lifts?
When you are trying to decide which types of equipment to use on a new job, knowing the differences between two different types of machines can impact how the task is accomplished. For example, there is a difference between straight and articulating boom lifts, as the specifications of the job may decide which one you need. While many construction companies use the straight boom lift, the articulating boom lift can also be helpful for many tasks.
Continue readingWhat is a Boom Lift?
Boom lifts are an essential piece of equipment for many workers in the construction industry or for businesses that utilize warehouse facilities in which goods are stocked at high vertical heights. Here at Worldwide Construction Equipment, Inc., we have a range of used scissor lifts for sale among other aerial lifting equipment.
How to Decide Between Buying or Renting a Scissor Lift
When you run a construction business, one of your biggest overhead costs is the equipment you use. These pieces of heavy machinery may have what seems like a big price tag, but your only other alternative is renting. That can be even more expensive.
Tips for Buying Used Construction Equipment
As the online leader in used heavy construction equipment for sale, we carry a broad variety of machines from a range of reputable manufacturers. We’re proud to call ourselves one of the nation’s most popular buyers and sellers of heavy construction equipment, offering you a place to sell your old inventory and upgrade to better machinery all year round.
Are you new to purchasing second-hand construction equipment? If so, then check out our expert tips below.
Outline Your Exact Requirements
Before finalizing a purchase, take note of the equipment model, size, capabilities, and attachments. There may be several options available to suit your requirements. Never presume that equipment will be perfect for your work without thoroughly analyzing specifications against your exact requirements.
Know Who You’re Buying Your Equipment From
When you’re thinking about buying used construction equipment, know who you’re buying it from. It’s definitely worth the extra money it takes to travel, inspect the unit, and meet the person you’re buying from. If you do decide to purchase, make sure you hold on to your invoice because it contains the serial number, which is your proof of purchase.
Check All Fluids
By checking the fluid levels in heavy construction equipment, you can get an indication of how well the previous owners have maintained it. Try and check the transmission fluid, engine oil, hydraulic fluid, and coolant levels. This will also show you the current condition of the equipment. Search for other signs of neglect such as water in the engine oil so that you have sufficient evidence that the machinery is in good condition before you negotiate a purchase.
Leave a Paper Trail Including All Transactions
When making a purchase online, it’s crucial that you leave a paper trail so that you can prove your purchase if the equipment arrives in worse condition than it has been advertised. We recommend that you check all online transaction terms and try to work with websites that use secure payment processes such as Escrow.
Ask for a receipt, invoice, or other proof of purchase and try to avoid paying cash if your purchase is offline. Try always to receive evidence of payment and a guarantee where applicable.
Our extensive range includes used articulating boom lifts for sale, aerial lifts, shooting boom forklifts, and much more. Call us at 215-788-0734 or click here for more information.
The JLG Equipment You Need to Get the Job Done
Here at Worldwide Construction Equipment, Inc., we’re proud to offer used JLG equipment for sale, providing the durable and high-quality JLG equipment you need to get your projects done professionally and efficiently.
Purchasing used JLG equipment allows you to build your equipment fleet without breaking your bank. When you’re working on a tight budget, you need equipment with the power and versatility you need from a brand you can trust. With JLG, you can buy with confidence from a brand that is known around the world for both quality and reliability.
By giving you access to the leading supplier of access equipment, Worldwide Construction Equipment, Inc. can provide customers with a broad selection of products that includes:
- JLG Boom Lifts
- JLG Articulating Boom Lifts
- JLG Scissor Lifts
- JLG Telehandlers
- And much more!
If you are in need of a used JLG boom lift for sale, then you’ll be happy to know that JLG produces electric, engine power, and hybrid models, giving you flexibility and options when it comes to finding and selecting the equipment you need for a job.
Worldwide Construction Equipment, Inc. is a proud distributor of previously used JLG equipment. Whether you’re seeking a JLG boom lift or a scissor lift, our crew is prepared to help you find the perfect piece of equipment for your next big project. When you need to take your business to the next level, you can trust us to have the best JLG equipment for sale to take your operation to new heights.
Do you have old equipment due for retirement? At Worldwide Construction Equipment, Inc., we do more than just provide used equipment. We can also take your older equipment off of your hands, giving you the room you need to expand your fleet.
Are you looking to expand your fleet, give your team members the equipment they deserve, and revolutionize the way you do business? If so, then it might be time to try giving our team at Worldwide Construction Equipment, Inc. a call. For more information on buying or selling used JLG equipment, don’t hesitate to reach out and get in touch with us today at either 866-489-6753 or 215-788-0734.
Benefits of Buying Construction Equipment Instead of Renting
When it comes to getting the equipment that you need for your project, many businesses find themselves wondering whether they should opt for renting their construction equipment or buying it outright. Specializing in getting you the used heavy construction equipment for sale that you need for your operation, Worldwide Construction Equipment Inc. has a few things to say about the advantages of buying over renting — especially when you work with us!
Availability and convenience
Purchasing your own equipment allows you access whenever you need it. Companies who are dependent on rentals often find themselves rushing through projects in an effort to finish them on time before the equipment is due for return. Working with your own machinery will give your team the peace of mind they need to get the job done right the first time around, without interference from unnecessary deadlines.
Master specific machines
Frequently, operators who are always working with rentals end up having to relearn the nuances of the machinery over and over, since the brands and models that they’re operating with are never constant. Buying a set of construction equipment will allow your operators to become familiar with and eventually master machines that they’ll be working with day-in and day-out, no strings attached.
Save on costs
Renting a machine might save you some cash in the short-term, but ultimately, it will catch up with you. Investing in buying your own construction equipment up front will save you money in the long run as the months go on, making the money you put down well worth it.
Know what you’re getting
When it comes to rentals, it’s an unfortunate reality that you often don’t get what you paid for in terms of equipment quality. On top of that, many rental companies will often try to change the rental price after an agreement has already been signed, putting your company in a tough position, to say the least.
Are you looking for a used shooting boom forklift for sale? Worldwide Construction Equipment Inc. has you covered. Give our crew a call today at either 866-489-6753 or 215-788-0734.
3 Common Things Holding Back the Workflow of Your Construction Site
If there is one thing that is one of the most important factors in the construction industry, it would have to be workflow. When it comes to large-scale construction projects, missing deadlines can be costly and can slow all other work as a result.
At Worldwide Construction Equipment, Inc., the top supplier of used construction equipment for sale, we’re always looking to help improve our client’s workflow. From backhoes and dozers to cranes and rollers, we have the right equipment to get every job done right the first time. Here are just a few of the things that can be holding back your worksite:
3 Benefits of Buying Used Construction Equipment
When it comes to you and your business, you want to make sure that you’re not only using the right equipment and tools to get the job done, but that your equipment is also sound and in top shape.
However, that doesn’t mean that you can’t have the best of both worlds; there is plenty of high-quality, used construction equipment for sale out there. On top of that, there are myriad benefits to purchasing used construction equipment, especially when you do so through a reputable source such as Worldwide Construction Equipment, Inc.
Read more to learn about some of the advantages of getting your construction equipment used.
Boom Lifts vs. Scissor Lifts: Choose the Right Equipment for Your Next Project
Take down your ladders! Boom lifts and scissor lifts are mobile, flexible ways to get your crew safely in the air while they work. At Worldwide Construction Equipment Inc., we know which lift is best for which job, so check out this brief guide before you rent or buy equipment for your next project.
First, here’s a basic rundown of the two devices:
Everything You Need To Know Before Buying Used Construction Equipment
Replacing or repairing construction equipment can be costly. The difference between new and used equipment can be up to 50%! We here at Worldwide Construction Equipment Inc. strongly urge all business owners to buy the equipment they need with us. The money that is saved can be reinvested back into the company, helping lead to higher wages or a bigger staff.
When shopping for a reliable supplier of used construction equipment, it is important to remember these three tips:
Only Buy From A Company You Trust
It is important to know where you’re buying your equipment from. Buying from a reputable supplier like us helps give a customer the peace of mind that their purchase is the exact product they were looking for. It is important to check with the resources online to make sure there aren’t any red flags. Unsure of where to look? The Better Business Bureau is a great resource to look up to see if a business has been doing anything unethical.
Get A Record Of Everything
Regardless of whether you buy from a private seller or a public company, it is important to always keep records or receipts from any financial transactions. Not even for just buying construction equipment, it is always a smart choice to keep clear records and receipts of all financial transactions. We also recommend double-checking all terms and conditions when buying with a new supplier for the first time.
Shop With Worldwide Construction Equipment Inc.
Eliminate the possibility of overpaying for an item or receiving something you didn’t agree on. For over 15 years, we here at Worldwide Construction Equipment Inc. have helped outfit constructions with the gear they need to be successful.
Those in need of new construction equipment should look no further than Worldwide Construction Equipment Inc. Give us a call today at 215-788-0734.
4 Ways To Improve Construction Site Efficiency
It’s not rare to see construction projects big and small going over budget or the finish being delayed. With today’s advancements in technology, there are many different ways to improve the efficiency and workflow on your next job site. We here at Worldwide Construction Equipment, Inc. are here to help improve the workflow for construction companies of all sizes. From our backhoes and dozers to our generators and skid steer loaders, we have helped provide construction companies with the equipment they need for over 15 years.
Here are some easy ways to improve the workflow of your construction sites:
4 Ways to Find Used Construction Equipment Parts
Between business insurance, site liability, and workers comp, you could be paying thousands to insure your construction site and your company. That doesn’t even cover the amount it costs to insure and maintain your equipment. When equipment fails, you might find yourself in search of used construction equipment parts to save a little bit of cash.
When you’re looking for equipment parts, you need to know what it takes to find them. Follow these 3 tips to ensure that you find a great dealer of high-quality parts in your region.
1. Do Your Research
Before you start hunting for where to buy used construction equipment parts, you need to do your research on the part you’re looking for. Many different manufacturers might make similar parts, lower cost versions, or more efficient replacements. You need to know what is possible before you open up your wallet.
Not knowing what to expect to pay for your used construction parts could cause you to overpay or order parts that are inadequate or too cheap. You should know what the acceptable range for parts like the ones you’re seeking out. When you’re searching for heavy equipment for sale, be sure to look beyond the sticker price.
2. Find Someone Local To You
Finding a great price is only one piece of the puzzle. If you’re paying through the nose for shipping, you might not be getting such a good deal after all.
Getting someone local to buy from means you’ll skip the hassle of paying for shipping and be able to pick up the part the day you need it. It also means you’ll be able to examine the part yourself. You can ask any questions you need to ensure you’re buying the right part and get to know a dealer who could be an asset for years to come.
3. A Licensed Dealer
Finding a licensed dealer means that you’ll be buying from someone who is licensed to sell construction equipment in your region. Every region will have a different criterion for what makes a licensed dealer, be sure to check if there’s any license available.
If there isn’t spend some time online reading reviews of the seller before you buy. You should get an idea of what people think of this seller and how people feel about working with them. While you should take online reviews with a grain of salt, if there’s an endless stream of negative reviews, you should think twice.
Used Construction Equipment Parts Can Save Money
When you’re on the hunt for used construction equipment parts, you could be saving your company thousands of dollars at a time. Construction parts can be expensive, especially OEM parts for specialty equipment for certain kinds of projects. Buying used parts could be as good as buying new parts except you’ll be saving lots of money.
Check out our guide for a comprehensive idea of what you need to know before you buy used parts.
When Should I Buy a Used Forklift?
Construction equipment can be expensive, especially if you don’t know what your options are. Are you interested in buying a used forklift, but not sure if you should opt for new instead? That’s fair – buying anything that large used can be an intimidating experience, especially if you don’t know what to look for.
What you need is someone who knows better.
Luckily for you, then, we’ve compiled our list of the three top signs you should buy a forklift, used.
When You’ll Be Using It For Fewer Than Four Hours A Day
Speaking generally, the best rule of thumb when buying a used forklift is to get one if you’ll be using it for no more than four hours a day. This specific amount of time ensures that no matter what shape it’s in, you’ll be getting the most use out of it, per day, without going “too hard”.
Keep in mind, this is a guideline. Your vehicle may need a softer touch, or you might find you can use it all day long, just fine (and a mechanic may agree with you). The only real important element, here, is to try and find a forklift that’s in good shape.
When You Need To Save Some Money
It’s a simple fact of life: budgets factor into most people’s decisions to buy any kind of vehicle. While we’d all like to be idealists and buy brand new forklifts, right out the box, a lot of the time it just doesn’t work like that.
Buying a new vehicle means saying goodbye to capital, whichever way you slice it, and there are some great used forklifts out there for good prices. Do your research (something we’ll recommend a few times in this article) and see what there is. Find a used vehicle with a carrying capacity that matches what you’ll need, and you’ll be saving a bundle by going pre-owned.
Also keep in mind that most of the retailers who sell you these vehicles will need to be able to show you forklift inspection papers before you buy.
You’ve Researched A Model That Repairs Well
One of the more exciting prospects of deciding to buy used forklifts is that they’re easier to repair and find used construction equipment parts for. Many newer brands hit the markets and their spares go out of stock immediately. Or the manufacturers run into shipping issues with that part after their first shipment and it gets delayed.
Whatever the case, an older forklift will often have these issues ironed out well in advance, giving you less to worry about. Just make sure you know what you need to do with it, and what models are out there.
Wondering When To Buy A Used Forklift?
Ultimately, your decision to buy a new or used forklift should come down to one word: planning. If you know what it is you want, what your local dealers are charging, and you’ve researched a few options, you should be ready to make your decision.
Hopefully, with a little help from today’s article, you’ll be ready to pull the trigger on a used forklift for your next purchase.
Got a big construction job coming up? Check out some of our other professional articles on used construction equipment, today, and start making some moves, today!
What You Need to Know Before Buying Used Construction Equipment
When it comes to construction, you should not cut corners with your equipment. Safe equipment that works properly is paramount to any jobsite. New construction equipment is very expensive, and may not be cost effective in the long run.
Purchasing used construction equipment may be the inexpensive option to consider for your project.
Help your business longterm
New construction equipment depreciates, much like a car, or an RV, within the first 12 months after purchase.
A preventative approach with regular necessary maintenance will keep your equipment job ready and avoid delays with your project.
With any substantial purchase, due diligence is key. If you decide to invest in used construction equipment then you must do the necessary checks to make sure you know what you are buying.
If at all possible, inspect the equipment yourself. Or, have a reliable third party do the inspection for you. If the seller won’t allow this, this should send up a huge red flag.
Don’t sign the deal unless you’re 100% happy.
Why WCEQ?
With over 25 years of experience in used construction equipment, WCEQ will find you the best equipment for the best price. We offer inspections, using our own thorough inspection report. We have shipped equipment all over the world, specializing in freight to Canada. Contact WCEQ today, we look forward to working with you.
How to Successfully Buy Used Construction Equipment
Being a successful businessperson requires that you control costs and make smart decisions.
If you’re in the market to buy construction equipment, you could save up to 50% by opting for used construction equipment. That’s money you can reinvest in your business.
But you have to be smart when buying anything used. What seems like a good deal could cost you more in the long run.
These tips will help make sure you have the information you need to choose wisely when buying used construction equipment.
Do Your Homework
If you don’t carefully research the used equipment you’re considering, you may get more of a headache than a bargain. Fortunately, your equipment should come with a detailed inspection report.
Study these reports to learn about the equipment’s history and to make sure that it’s in good working condition. By identifying the strengths and weaknesses of your equipment, you can more accurately predict how long it will last.
Inspect Your Used Construction Equipment
Don’t just rely on the reports given to you. Physically inspect any piece of equipment you buy to ensure that it meets your standards.
Most used equipment will be sold as-is. It’s up to you to know what you’re getting. If you don’t have sufficient knowledge of the working of that heavy machinery, bring a qualified mechanic with you.
Buying online makes this less possible. So make sure to ask all the questions you need until you’re satisfied.
Only Buy from a Reputable Source
Be as selective with who you buy used construction equipment from as you are with the equipment itself. Going through a reputable company should give you a lot more peace of mind about the quality of your purchase.
Wherever possible, read customer testimonials and reviews. See how credible they are and, if there are any negative ones, how the company deals with dissatisfied customers.
The Better Business Bureau is a great place to look to find out how ethical the company’s practices are. And public records can fill you in on their financial solvency.
Use this information to make an informed choice and protect yourself against shady salespeople.
Pay Attention to the Paper Trail
Make sure you get a receipt for any piece of equipment you purchase. Whether you go through a private seller or a public company, demand proof of payment and keep a copy for your records.
Check the terms and conditions before closing the deal. If you’re buying from an online source, you’ll need to know what your recourse is if your equipment arrives in a worse condition than what you were led to believe.
Whenever possible, pay by wire transfer or certified check. That way there can’t be any discrepancy about whether or not you paid in full. Avoid paying in cash.
We’ve Got the Equipment You Need
If you’re on the hunt for the best used equipment for your construction project, we’ve got you covered. Our inventory is large and aimed at helping you get the job done.
Our mission is for our service and our equipment to exceed your expectations. Contact us today to find out how we can help you boost your business.
