Buying a New vs. Used Skid Steer Loader

Did you know that skid steers usually have a lower operating and initial cost in comparison to similar types of more compact equipment? When you are looking to buy a skid steer loader, should you buy new or used? That is the question that many people face when they are looking for this type of equipment.

There are pros and cons to both options, and it can be difficult to decide which one is right for you. While they may seem similar because they are the same type of machinery, there are some key differences that you should consider based on whether it’s new or used. The comparison can make a big impact on your purchase decision.

We’re going to break down those differences and help you decide which option is right for you. So, keep reading as we get started.

Buying a Skid Steer Loader New

Buying new can offer room for more feeling of trusted quality. Not in the machine itself, but in it’s current state. Buying new means that it hasn’t been used before, and this means you can expect to save a bit more money in terms of repairs if they arise.

However, this isn’t always the case and you want to assess your needs closely.

Benefits of new skid steers

New skid steer loaders offer multiple benefits, including. The warranty is one of them. If you purchase your skid steer loader new, it will come with a manufacturer warranty that is good for one year or longer.

This depends on the manufacturer. A used skid steer loader may not have any warranty at all. This can be helpful if there are issues with the machine after you buy it since they’ll fix them under this plan versus having to pay out of pocket.

However, this may not always be offered so make sure to ask about warranties across different models.

Safety features are another benefit. Many newer skid steers include safety features that older ones did not have. It could be as simple as an automatic shutdown system in case something goes wrong while operating.

This makes sure no one gets hurt if something happens unexpectedly during an operation. Or, even more, advanced options like cameras that provide an extra set of eyes.

Downside of new skid steers

The downside to buying a new skid steer loader is the price tag. They are generally more expensive than used models, and you may have to wait for it to be delivered if you aren’t hauling it yourself. You also won’t be able to get as much money for it when you decide to sell it later on.

So, when thinking of buying new, think about how the machine depreciates in value.

Buying a Skid Steer Loader Used

Buying used can have its upsides and downsides. Paying attention to a few things can help base your decision on what you need and what you don’t.

Benefits of used

Used skid steer loaders offer a few key benefits. Price and availability being the two main benefits. Used skid steer loaders are often much cheaper than new ones. If you’re working with a tight budget, this could be a big deciding factor for you.

Additionally, used skid steer loaders are often easier to find than new ones. Especially when it comes to certain features you may be looking for. This could be because people are upgrading to newer models or simply because some may have stopped using theirs altogether and are selling the machine.

Downside of used

The main downside of used skid steer loaders is that they may not have all the features that the newer models have. For instance, if you’re looking for something with an updated safety system, you might not find it in a used model. Additionally, older machines may require more maintenance and repairs than newer ones, so keep this in mind as well.

Another downside to consider is that you may not know the history of the machine. It may have been in a major accident or it could have been poorly maintained. There is also no warranty, so if something goes wrong, you will have to pay for the repairs yourself.

So, which should you buy?

It all depends on what’s important to you and your budget. If you’re looking for a skid steer loader that’s going to last a long time, then buying new might be the best option. Especially if you’re expecting to use it long-term and for heavy-duty jobs.

On the other hand, if money is tight and all you need from your skid steer loader is something that will get the job done, for now, consider purchasing used instead of buying new right away.

If budget isn’t an issue but functionality matters more than anything else in choosing between skid steers loaders then some older models could fit fine. Still, others who want everything new with every released feature should probably buy a new machine or consider renting.

Keep in mind though, with renting, if you plan to use the machine a lot, the rental fees can add up over time.

This is why it’s suggested to buy either new or used as an alternative.

Bobcat Example

Here’s an example to consider, if you’re looking for the new Bobcat S570 skid steer loader or bobcat specifications for this model, you may already know you’re buying new. It’s a powerful machine that is perfect for a variety of applications. It even has a rated operating capacity of 1,950 pounds and a lifting height of 133 inches.

With its high-flow auxiliary hydraulic system, you’ll be able to use a wide range of attachments. What you get here is multiple features on a machine that hasn’t been used before. This purchase is more appropriate for someone expecting long-term usage out of it, or a variety of projects that could benefit from having high adaptability between features.

This may not be the best purchase for some that need a machine for one job, have multiple projects but that won’t require a skid steer loader for a long period, or that don’t have the budget for it.

Learn From Industry Experts

Skid steer loaders are versatile pieces of machinery that can help you get a lot of work done in a quick and easy way. Buying new or used is a personal choice, but it’s important to keep in mind the pros and cons of both options before making your decision. Whichever route you decide to go, make sure to do your research so you know what you’re getting into.

It would also be helpful to work with an experienced supplier. Wrench IQ is a new resource for warehouse managers and professionals in distribution. Made up of a team of industry experts, you’ll find the bobcat skid steer loader based on the specs you need.

Interested in learning more from top industry professionals? Visit our website today.