How To Affordably Grow Your MOW Fleet
Category: Featured News
Years ago, maintaining railways took lots of manpower and backbreaking labor. Large teams of manual laborers had to travel the railways to align, adjust, tamp, and surface everything by hand. Today, it’s much different. We have heavy-duty equipment that can accomplish these tasks with much less difficulty. Now, a common challenge we hear is conducting regular upkeep on a tight budget. You need to efficiently maintain thousands of miles of track to keep the railways safe as they support millions of tons of freight each year.
In order to do your job of keeping the railways safe, you need trustworthy equipment. Instead of teams of laborers inspecting every last inch of the track, you rely heavily on your MOW equipment to get the job done. But amid rising costs, is it possible to affordably grow your MOW fleet without compromising safety or dependability? Here’s our take.
Newer Isn’t Always Your Best Option
When it comes to heavy equipment, newer isn’t always better. Of course, there are benefits to a new machine. However, the high cost and quick depreciation of a brand-new machine may not be worth it given your situation. An older machine with a good maintenance record and low operating hours can get you the best of both worlds: quality equipment at a budget-friendly cost. Here are some tips for strategically adding preowned equipment to your maintenance of way fleet.
Understand the Benefits of Preowned MOW Equipment
As a conscientious fleet manager, it’s often difficult to determine whether you should invest in new or used equipment. It often depends on your specific situation, but the benefits of buying used are hard to deny. Buying preowned MOW equipment offers a host of benefits, including:
• Cost savings and increased cash flow
• A wide range of options
• Environmental sustainability
• Reduced depreciation
Used equipment often allows for hefty cost savings. By purchasing used, you may be able to free up a large percentage of your budget, allowing you to direct it in a way that will grow your business – whether that’s by investing in additional equipment or technologies, entering into a planned maintenance agreement or hiring new employees. Preowned MOW equipment allows for a broad selection. Instead of being limited to the newest line of equipment, you can look at different model years and generations to find the unit that best suits your needs. Purchasing used equipment is great for the environment. If your company is looking to be more eco-conscious, you can greatly reduce waste and carbon emissions by opting for preowned machines instead of buying brand-new equipment.
Buy Used Equipment Through a Trusted Dealer
A good dealer will work to understand your requirements for your MOW fleet. They can help you find a unit that meets your unique specifications, including your business needs, budget, the machine’s capabilities, and more. They’ll be able to tell you about the service history of each unit that they have in stock so that you can make an informed decision about your purchase. A trusted and authorized dealer can often provide a wealth of services: testing, maintenance, team training, and more. Additionally, consider adding an extended warranty for peace of mind.
Ensure the Equipment is Produced by a Reputable Manufacturer
When purchasing equipment that already has lots of operating hours and some visual wear and tear, it is essential to choose a reputable manufacturer. A well-known, industry-leading manufacturer is your best bet. We trust Caterpillar because it has a 90+ year history of producing excellent, reliable equipment. Used Caterpillar equipment maintains its quality and durability for years to come, especially when well maintained. Traditional Cat equipment can be easily enhanced to serve the purpose of MOW equipment.
When Evaluating Used Equipment, Take a Look at the Service History
Many people are mostly concerned with the operating hours, but we would argue that the service history is just as important. Engines, hydraulics, transmissions and suspension systems should be serviced according to manufacturing guidelines. Caterpillar equipment often has oil-sample records or Scheduled Oil Sampling (SOS), which is also a helpful indicator of how well the equipment was maintained. Regular maintenance will greatly increase the usable lifespan of a machine. It will reduce the risk of downtime and repair expenses in the future. When looking at used equipment, check for warning signs of a lack of maintenance. Oil, fluid or engine issues are the major issues that will impact the quality of the investment. Dents and scratches are one thing, but structural damage, oil/fluid leaks, or difficulty starting the engine should act as red flags.
Railway Maintenance Equipment to Fit Your Budget and Needs
Vancer develops and supplies MOW solutions that help maintain thousands of miles of track each year. We would be happy to help you grow your fleet! Contact us today or visit our Lincoln, NE or Galesburg, IL locations.