make money with heavy equipment

CONSTRUCTION MACHINERY AND MONEY

One market that makes a lot of money is the heavy equipment market, where I have done a lot of research and bought many machines at great prices. The thing is, it takes a while to get used to this market. There’s a lot to know about buying heavy equipment, but once you find the right machine, you’re all set. As we all know, our economy continues to grow and new construction projects are forming along the way. With project formation, there will always be a demand for tools, supplies, and most of all, heavy equipment. Now most of you are thinking that it is almost impossible to buy heavy equipment because of its high cost; but you are wrong these machines are pretty affordable i could say the machines i have are priced from 3 to 40 thousand dollars and most of them are pretty new machines as well. Now you may be wondering where I must have gotten these machines from and that is an easy question to answer; auctions; but don’t be fooled, it was not an auction. I had to attend a very large auction with a total of about 1-2 thousand machines, maybe even more and many people from all over the country flying and driving just to attend this auction. This is a very large auction that lasts 2-3 days and he only gets rid of everything he sees. This information is just to get you thinking about a great business to start. If you are interested, just visit my site listed below and contact us with any questions you may have.

Shopping for heavy equipment is probably one of the most exciting things I’ve ever done. I like the task of finding the right machine; Once I do, I know the machine will make me money no matter what. Some of you may be wondering how the hell you can make money with these machines; well its is many ways. One of them is to rent the machine, which on average can earn $600 a day, resell it for an extra 3 to 4 thousand dollars, or depending on which brand of machine is purchased, such as Caterpillar, it can be exported and sold for double the price it was for. bought. Now does that sound like enough money to you? But the question is to find out how these money making matters are done. As I said, these machines are in high demand, so it would not be such a big task to have machines sold, leased or exported.

The auction I usually attend is run by a very large heavy equipment auction company called Alex Lyon, I usually attend the one in Atlantic City, New Jersey; which is one of the biggest auctions they have for the year. There are also other companies similar to Alex Lyon which I will list below. The auctions are very intense, they bid all day, they don’t stop until everything is sold. If you are new to auctions I suggest you don’t bid the first time and attend these auctions, just look around and see how things work and get an idea of ​​how competitive the bidders can be. The more machines there are, the lower the prices and the less competitive.

Typically, a good machine that is a decent size that works and works well could run you anywhere from $10-40K, it also matters which brand of machine you buy. Decent machines that are from good brands and don’t cost much are usually brands like Hyundai, Samsung, Kobelco, Allis-Chalmers, Case and many more. Those machines were very few of many other brands. Don’t be afraid to buy older machines, you’d be surprised how well they could run and perform after so many years. I have a 1960 Caterpillar D7 and it runs better than my other machine that was made in 1998.

When buying these machines, you should buy machines that are in higher demand, such as bulldozers, wheel loaders, excavators, skid steers, and especially backhoe loaders. If you buy machines like those; things will move much easier and faster for you. I find machines like these being used on job sites all the time and they are mostly rented out for large sums of money. When you check the machines, make sure there are no hydraulic oil leaks because those seals cost a lot of money to repair. Also, don’t be disappointed when a machine looks very clean because most of them are usually painted to look clean, you’d be surprised how many are painted just to sell them. Also if possible buy a set of machine keys they are usually around $30 on ebay they would really like to buy it to help determine a lot of problems we all know about. The diesel engines on those machines usually run fine; The problems that occur mainly are clutch, electrical and hydraulic system problems.

In general, if you figure out how to make good money in a market like this, you won’t want to stop, as there is so much to do and cover that you will want to know everything. But I recommend meeting someone who deals with a market like this. I have a guy who tells me all about these machines and all the things you can do with them to make money. I can’t say that I have given you the best information here, but I am still learning this market as well, but I find it very fun and enjoyable to learn about its high movement and high demand. For any questions to be answered, please, wisdommen.com.

Good sites for this field

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teamtraderonline

construction equipment