What is in this article?:
Paul Hendrix, equipment pricing analyst for IronPlant, provides these eight tips that could save you from a lemon. If you don’t know what to look for, you may end up bringing home a machine that costs you more than if you bought a new one, Hendrix says. You either need to hire someone to inspect a vehicle or train yourself in how to assess the equipment.
2. Specs are King
If the used machine is equipped with a popular feature you don’t necessarily need, it may pay to buy it anyway if you have the money, Hendrix says. He says the reason is that the feature can increase resale value if you decide to sell in a couple of years. Such features might include a premium cab, onboard electronics, MFWD, remote hydraulics, bucket couplers or additional tire options.