When The Economy Picks Up, So Does Used Machine Sales

It’s been awhile since we had the major economic slip years back.  With that, manufacturing has greatly increased. However, that doesn’t mean things will be as they were before.  Frankly, there are far fewer used industrial manufacturing machines on the market. Plus, new machines are taking a year or longer to build.  This has been a real problem for businesses looking for growth with the demand.

With new machines having out of sight prices and huge wait times, many are tempted to go into the used market.  Unfortunately, that market has dried up in some areas. Plastic injection molding machines and metal stamping presses in large capacity are very hard to find.  Smaller machines seem to still be available. However, many jobs using smaller machines have been outsourced to China or Mexico.  So, the US demand for those machines has lowered and they are somewhat common.

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Even the machinery used to move machines into place have become more rare on the used market.  Versa Lift forklifts are among the favorites of moving and rigging companies. However, their build time is about 2 years now and they are next to impossible to find used.  Large capacity forklifts on the used market are both rare and expensive because of the high demand.  Some have found them at auctions, but they were no great deal.  Especially with the super high buyer and seller premiums (which I find have gotten outrageous).  Both the buyer and seller often end up disappointed with the costs of using an auction house.