Key specifications to review
Verify condition, title, serials, sale terms, transport and available inspections.
- Confirm the equipment manufacturer, model and identifying numbers.
- Request a written seller quote describing the entire purchase.
- Understand transport, installation, service and inspection requirements.
How the equipment can support the business
Auction sourcing can broaden equipment choice, but the transaction should be reviewed in advance.
A monthly purchase structure may leave more initial cash available for payroll, repairs, fuel and contract mobilization, although the borrowing cost and monthly obligation must be accounted for.
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