Should You Repair or Replace Your Heavy Equipment?

If you use heavy equipment at your job site to keep your business rolling, you will want to work hard to maintain your machines proactively and regularly to ensure they are in tip-top shape and ready for your work. Over time, your tools can experience wear and tear, resulting in the need for prompt repair. At the same time, constant equipment repair is both expensive and a time-suck, and you might want to replace it to maintain your workflow.

If you need help determining whether you should repair your machine or replace it, our guide can help—so keep reading to learn more. If you have more questions, contact our experts at RECO Equipment.

When to Repair Your Machinery

Even after regularly maintaining your heavy equipment, sometimes you might notice that its overall performance has decreased or a part of it isn’t functioning as it should. This can affect your productivity and make you and your staff work harder to get things done. If it is just one or two components that need fixing or your machine is still under warranty coverage, you might seek expert repair services for your tool.

Repair Benefits

When you repair heavy equipment, you:

• Get your machine back functioning again
• Save money and skip the hassle of buying a new machine
• Continue to use the tool you and your staff are already familiar with

When to Replace Your Tool

If you notice that your machinery requires constant repairing and is still unable to perform as it did earlier, you might consider replacing it. However, before you trade in your tool, you will want to consider your owning and operating costs.

The owning cost involves the cost of the given equipment’s sticker price, taxes, and financing expenses. Meanwhile, the operation cost is comprised of labor, fuel, and maintenance expenses, among others. If the operation cost of your machinery is more than the owning cost, you will want to replace your machine.

Replacement Benefits

Some of the advantages of replacing a machine include:

• Owning an issue-free machine
• Getting to enjoy the entire lifespan of your replacement
• Getting the latest technological advances with your new tool
• Saving on repair costs, as new models come with warranty coverage

If you want to be more strategic about purchasing your construction equipment, you can buy a well-kept used machine. These are less expensive than brand-new models, allowing you to get the model you need for your operation at a price you can afford.

One of the most vital aspects of choosing repair or replacement of heavy equipment is finances. Some repair tasks can be more expensive than others. At the same time, buying a replacement machine for your work might not always be feasible—so keep your options open. Ideally, you will want to maintain your tools regularly, in order to restore equipment performance and boost efficiency at your worksite. If you need help servicing your machines or purchasing new construction equipment for your business, visit RECO Equipment. We are in multiple locations throughout Ohio, Indiana, & Pennsylvania, so come down to one that’s nearest to you.