Q1: Why source used construction machinery from China?
Factors such as reliability, stability, cost-effectiveness and after-sales service should generally be considered when purchasing construction machinery.
China has the world’s most complete supply chain for machinery manufacturing. Many Chinese brands have passed the test of the market and developed into world-renowned brands at the forefront of the industry, providing very mature and reliable products and services.
At the same time, the current stock of used equipment in the domestic market has reached 9 million units. Due to the weakness of the domestic market in China, the prices of new and used equipment are now at an all-time low.
Therefore, if you can find a reliable channel to ensure the quality and efficiency of procurement, sourcing used construction machinery from China is a tremendous wealth resource.
Q2: What are the risks of purchasing used equipment in China?
The market prices of used construction machinery vary greatly. For example, the price of the same model of excavator may differ significantly depending on the year and time of use. The price difference between a machine that has been exposed to seawater erosion for a long time (“saltwater machine”) and a machine that has been working on land may reach 50,000 to 100,000. In addition, low-priced used excavators are often old models or refurbished products. Although the price seems to be a bargain, the maintenance costs will increase significantly over the long term, and it may even affect the construction schedule.
Some used construction machinery may have a record of major accidents or be in poor condition. Purchasing a machine in poor condition may not only affect the production schedule, but also lead to frequent maintenance, which will cost a lot of time and money.
The second-hand construction machinery market lacks authoritative testing institutions and unified testing standards, making it difficult for buyers to obtain the true condition of the equipment. In addition, unscrupulous businesses in the market may buy flood-damaged machinery at low prices, sell it at the price of a near-new machine after a simple repair, and cause endless trouble for the buyer.
In addition, some second-hand equipment is also involved in creditor’s rights disputes. If you buy this type of equipment, not only will it not be able to be put into production or sold normally, but it may also involve legal disputes.
Q3: How does Standard2nd ensure procurement?
1. We have a very strict supplier management system. There are countless second-hand equipment suppliers in China, including official disposal channels of manufacturers, disposal channels of financial institutions, small and medium-sized enterprises, individual sellers, etc. We only select the best suppliers to ensure that customers are purchasing from suppliers with strong credit guarantees in the industry.
2. Each piece of equipment is inspected by a testing agency established by the platform to ensure that the information about each piece of equipment is truthfully reported to the customer, including the equipment’s maintenance records, the replacement status of core components, the stability of its performance, and any obvious defects.
3. We provide a standardized procurement process, and each customer’s different procurement needs can be solved in one stop. Whether it is a single purchase of a small quantity or a long-term purchase of multiple types of products, the platform’s superior distribution capabilities can easily meet these needs.
4. After the procurement of equipment, we provide long-term technical support and spare parts supply for the purchaser.