Hot to purchase a used excavator

Purchasing a used excavator is a process that involves multiple considerations. Below are detailed steps and important factors to keep in mind:

Choosing the Right Purchase Channel:

• Local Second-Hand Markets: Opting for a local market allows for better assessment of the machine's condition and after-sales service while reducing transportation costs.
• Large Certified Second-Hand Markets: Ensure the market has a good reputation and complete documentation, and choose a used excavator with reliable performance and configuration.
• Online Platforms: Platforms such as Youpin Paipai, Tiejia Ershouji, Yunlian Ershouji, Yiji, Xianyu, Taobao, Zhuanzhuan, and Paipai provide official guarantees, but it's important to distinguish between C2C transactions and stores backed by major dealers.

Inspecting the Machine’s Condition:

• Engine: Check for oil leaks, inspect the radiator for dust buildup, and ensure the fan's extension position is normal.
• Boom, Arm, Bucket, and Cylinder Stamps: Verify that the stamped information on the parts is consistent to determine if they are original.
• Control Valve: Look for oil leakage marks; paint coverage may hide potential issues.
• Undercarriage: Examine track wear, check whether track bolts are domestic or imported, and ensure the travel motors operate at consistent speeds.
• Chassis: Look for signs of realignment, especially in cases of accidents or rollovers.

Valuation Methods:

• Age and Brand: Depreciation is typically calculated based on the machine’s purchase year and brand, with a general depreciation rate of 20-30% within three years and 30-40% over 4-5 years.
• Performance and Configuration: Different configurations affect pricing.
• Operating Hours: Evaluate the machine’s usage level and remaining value based on working hours.

Test Drive and Trial Operation:

• Before purchasing, conduct a test drive to check operational performance, observe engine operation, assess travel stability, evaluate the hydraulic system, and inspect the fuel tank condition.

Key Transaction Details:

• Ensure the machine is free of financial disputes.
• Choose an excavator from a more recent year, as it is likely to have less wear.
• Verify that the payment method and amount align with the agreed terms in the contract.
• Confirm that all machine documents are complete to avoid legal risks.

Common Pitfalls to Avoid:

• Do not blindly pursue the lowest price, as it may lead to scams.
• Avoid focusing solely on price—consider the overall condition, performance, and cost-effectiveness.

By following these steps and precautions, you can make a more informed decision when purchasing a used excavator, ensuring that the equipment meets your needs while minimizing transaction risks.