5 Benefits of Buying Used Bobcat Equipment

Posted By On 17 Oct 2022
5 Benefits of Buying Used Bobcat Equipment

Whether you work in landscaping, contracting, construction, or any other industry that involves the use of compact machinery, you likely know that having prime equipment is of utmost importance. Simply put, high-quality equipment and high-quality work go hand in hand. Without good equipment, multiple aspects of your work may become increasingly difficult and time-consuming. 

When you use Bobcat equipment, you will never have to worry about compromising the quality of the work you are doing. You can always count on Bobcat machinery to be completely reliable no matter what you need it for. You can rest assured that Bobcat equipment will always meet all of your requirements in terms of performance, durability, comfort, and versatility. 

As the leading manufacturer of compact equipment, Bobcat has a long history of making machines that outperform and outlast those produced by its competitors. For more than 70 years, Bobcat has been designing and manufacturing a vast range of tough and durable machines along with an impressive collection of attachments. Most of the products they have developed are versatile enough to be used for a wide range of purposes and in a variety of settings.

Take the Bobcat mini excavator, for example. Although these machines are considerably smaller than standard excavators, they still have a shocking amount of power behind them, making them perfect for most small- to medium-scale landscaping, digging, trenching, leveling, grading, and drilling projects. Thanks to their compact size, they also have fantastic maneuverability and can be used in small or narrow places that standard excavators cannot access. 

Of course, the mini excavator is just one of the many incredible machines made by Bobcat. Yet, it is a prime example of the superior quality that all Bobcat products have.

Advantages of Buying Used Bobcat Equipment

No matter what type of business you operate, making financially wise decisions is always of great importance. While there are some situations when it makes sense to purchase brand new equipment, there are also times when it is more financially responsible to invest in used equipment. 

Used options should never be overlooked since Bobcat machinery is built to last. This is especially true when it comes to Bobcat equipment. The following points highlight some of the many advantages of buying used Bobcat equipment.

1. Lower Upfront Cost

Without a doubt, one of the best advantages of buying used equipment is related to the huge savings. New equipment tends to be quite costly; however, quality used equipment can typically be found for much lower costs. Depending on the type and amount of machinery you are buying, you might even save thousands of dollars by taking this route.

2. Less Value Depreciation

Just like new vehicles, new construction equipment suffers a significant drop in value as soon as it leaves a dealer’s lot. A piece of equipment’s depreciation is highest during the first 12 months after purchase. Then, it gradually slows down during the second, third, and fourth years that you own it.

However, when you purchase used equipment, you do not have to worry about its value dropping so significantly. If you properly maintain your used equipment, its value will remain quite stable. As long as you service your used equipment whenever necessary and keep these service records organized, you can likely sell your used equipment down the line for a similar price to what you paid for it.

3. Access Equipment Immediately

Occasionally, when you try to buy new equipment, you may need to place an order for it and wait for some time before it is ready to be picked up. However, such a delay could impact the timeline of the project you need the equipment for. If there is some urgency to your project, you will probably want to access the necessary equipment job right away.

When that is the case, it often makes more sense to look into used equipment options since they will be in stock and at your disposal immediately. As soon as you purchase your used equipment, you can bring it back to your job site or have it delivered there for you. Then, you can begin using it right away, thus keeping your project on track and avoiding wasted time and money.

4. Take Advantage Of Dealership Warranties 

Although a used piece of equipment’s original warranty may have expired by the time you get it, dealerships often offer warranties on their used equipment. Knowing that your used equipment is covered by a warranty may put your mind at ease. Of course, well-maintained used equipment is often still of similar quality to new equipment, and you can often get several years of use out of it. However, having the added protection of a warranty is never a bad thing.

5. Lower Insurance Costs

Not only is the purchase price of used equipment typically much lower than that of new equipment, but the cost of insuring used equipment is also usually much lower. Since insurance providers tend to consider a piece of equipment’s cost of replacement when determining its premium, the cost of covering new equipment is generally higher. Saving a little money each month may not seem very significant, but those savings can certainly add up over time.

Why Oaken Equipment Is the Best Provider of Used Bobcat Equipment

If you are in the market for some used Bobcat equipment, Oaken Equipment can surely take care of all your needs. As Canada’s biggest Bobcat dealer network, we have a large inventory of used Bobcat loaders, mini excavators, tractors, utility vehicles, and attachments. Our used Bobcat equipment is of the same high quality as our new equipment, but the prices are considerably more affordable. 

Oaken Equipment proudly offers a huge range of certified pre-owned Bobcat equipment. All certified pre-owned equipment has undergone a comprehensive multi-point inspection to ensure that it meets Bobcat’s high standards. During this inspection, every single part of the machine is checked and confirmed to be fully operational, so its functionality is guaranteed.

Additionally, all certified pre-owned machines come with Protection Plus extended warranty that is backed by Bobcat. This way, you can make your purchase with complete peace of mind.

Oaken Equipment also has an experienced team of Bobcat equipment experts that can answer all your questions about any of the Bobcat machinery in our inventory. Our customers’ complete satisfaction is our ultimate goal. Therefore, we will gladly demo any of our new or used Bobcat equipment, so you can see how incredible it is for yourself.
For more information about our large inventory of used Bobcat equipment, including used Bobcat mini excavators, or to book a demo appointment, call Oaken Equipment at 1-888-861-1447.

Ryan Durkin

Ryan Durkin

Territory Manager - Bobcat of TorontoRyan has been with Oaken Equipment since Bobcat of Toronto first opened its doors back in 2013. He spent the first 5 years as a Parts Associate, then joined the Sales Team as Brampton’s Inside Sales Representative, and is now a Territory Manager for our Scarborough location. Ryan knows Bobcat machines and attachments through and through and he’ll put you in the right equipment for your job. Over his tenure at Bobcat of Toronto, he has won both the Oaken Used Award in 2019 and the One House Award in 2022.Connect On LinkedIn

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