School’s back in session. Time for a refresher.
When it comes to buying industrial equipment, knowing what to look for can make all the difference.
Today’s subject is one we know pretty well:
Used Equipment 101.
Buying used industrial equipment has changed. You can still wait for an auction or chase down equipment from individual sellers. Or you can buy equipment that’s already available, documented and ready for its next job.
Buying from available inventory gives you more control over what you buy, when you buy it and how you get it into your operation.
Lesson 1: Skip the Bid
When you buy at auction, you’re on the auctioneer’s schedule.
You wait for the sale, watch the bids and find out at the end whether the equipment is yours.
Buying through an industrial marketplace gives you more control. You can look through available equipment, review the details, ask questions and move on an asset when the timing works for your operation.
Lenmark gives buyers direct access to industrial equipment that’s already on the market. Find what you need, talk to someone who knows the equipment and move the deal forward without waiting for auction day.
Lesson 2: Buy for the Job, Not the Deal
A good price on the wrong piece of equipment is still a bad deal.
Start with the job. What does the equipment need to handle? Think about size, capacity, voltage, horsepower, tooling and how it needs to work with the rest of your operation.
Used equipment can look similar on the surface while being set up very differently. The right configuration can save you from trying to make the wrong machine work for an application it was never meant for.
Lenmark starts with what you’re trying to get done. If you know the exact model you need, we can help you find it. If you know the application, our team can work through the specifications and narrow down the equipment that fits.
The right solution might be a complete system, a standalone machine or one component that works with equipment you already have.
Lesson 3: Look at the Whole Cost
The purchase price is only part of what it takes to put a piece of equipment to work.
Installation, modifications, tooling, testing and other requirements can all add to the total investment.
A machine that costs less upfront may not be the better choice if it requires significant work to fit your operation. On the other hand, paying more for equipment that is already configured for the job could save time and money down the road.
Condition, maintenance history and previous use can matter too. Understanding how a piece of equipment has been used and what it may need before going back to work gives you a better picture of its true value.
Lenmark can help work through the specifications, testing and other requirements before you commit. Our team can provide additional information, confirm equipment details and help arrange testing so you have a better understanding of the equipment and what will be required to put it to work.
Lesson 4: Find the Right Fit
Once you’ve found the right type of equipment, take a closer look at the actual unit.
Photos, specifications, condition information, service history and documentation help build a much better picture of what you’re buying. The model number is a starting point. The details tell you what that particular machine has to offer.
Some purchases need a little more homework. Depending on the equipment, you may want additional photos, drawings, manuals, testing or a deeper look at the specifications before you make the call.
Lenmark can help track down those details, arrange testing where needed and work through the specifications with you so you have a better understanding of the equipment before it lands in your operation.
Lesson 5: Get It to the Job
Once you’ve found the right equipment, the next step is getting it where it needs to go.
Industrial equipment can be big, heavy and a long way from your jobsite. Depending on the asset, getting it to you can involve pickup, rigging, loading, freight and delivery.
Plan the logistics while you’re planning the purchase. Location, site access, shipping requirements and how the equipment needs to be handled can all affect cost and timing.
Lenmark’s logistics team can coordinate pickup, rigging, loading, freight and delivery, working through the details needed to get the equipment safely from its current location to your operation.
Planning logistics early gives you a clearer picture of shipping costs, timing and delivery requirements before the equipment starts moving.
Answer Key
You’ve got the basics. Here are a few things that make buying through Lenmark a little easier.
In Stock Means In Stock
Lenmark offers more than 30,000 ready-to-ship listings across mining, manufacturing, electrical, material handling and other industrial applications.
If a Lenmark listing says in stock, it’s in stock. Equipment is documented, photo verified and listings are updated daily, so you can see what’s actually available and stop worrying about surprise lead times.
Used? More Like Battle-Tested
Lenmark has helped decommission heavy-duty equipment from mines, manufacturing facilities and industrial operations across North America.
Much of the equipment we handle has already spent years working in demanding environments. It comes with real-world history, real operating experience and plenty of work left to do.
Real People, Real Solutions
There are real people behind the listings.
Lenmark’s sales and procurement teams can answer questions, source equipment and work with you to find something that fits your operation and budget.
Come to us with a model number, a specification or simply the job you need to get done. We’ll help you work from there.
To-Spec for Your Job
Lenmark equipment is visually inspected and documented, and our team can work with buyers to arrange OEM-spec testing when a project calls for more certainty.
OEM-spec testing can be especially useful when you’re tying equipment into an existing system, matching a specific application or working with components where the details matter.
Do It All Online
Search available equipment, review the details, compare options, make an offer and move the deal forward online.
When you want to talk it through, our team is a phone call, email or chat away.
We Can Move It
Lenmark’s logistics team coordinates insured freight, pickup and delivery across Canada, the United States and internationally.
We can work on the logistics while you work on the purchase, so shipping is part of the plan from the start.
Financing Is Part of the Toolbox
Lenmark Financing offers leases, loans and other equipment financing options through live financial professionals across North America.
You can finance equipment from Lenmark or bring us an asset you found somewhere else. Freight, installation and other associated costs can also be included in many financing deals.
Class Dismissed
Start with the job. Find equipment that fits. Understand the full cost and have a plan to get it where it needs to go.
Lenmark brings the equipment, information and support together so you can move from searching to working without bouncing between a pile of different suppliers and services.
Skip the bid. Find the gear. Get to work.
Now that class is over, we can get to the school supplies.
Back in School Promo, Industrial Edition
The right equipment can transform a classroom, facility or shop into an environment where students can build practical skills and gain hands-on experience with the tools of the trade.
From woodworking machinery, welding equipment and metalworking tools to workstations, storage and material handling equipment, the right setup can make a lasting impact on how students learn.
As a new school year begins, it’s a great time to invest in the spaces where tomorrow’s tradespeople are learning, practicing and building their future. Because when a new generation is ready to get to work, giving them the opportunity and tools to succeed is something worth getting excited about!
To help make that investment easier, Lenmark’s Back in School promotion offers savings across select equipment. With the Upgrade Shop Class promotion, spend $2,500 or more on select woodworking equipment and save up to $250, with savings increasing based on your purchase amount. Select in-stock SCM equipment offers even more savings with a double discount, combining the Back in School rebate with an additional markdown on qualifying equipment.
Use promo code BACK2SCHOOL at checkout. OR visit Lenmark.com to explore all current deals.
Spend more, save more on select woodworking equipment:
- $2,500–$4,999: Save up to $250
- $5,000–$9,999: Save up to $500
- $10,000–$19,999: Save up to $1,000
- $20,000–$39,999: Save up to $2,000
- $40,000+: Save up to $2,500