Preowned Machinery Purchase vs. OEM Purchase | MachineryMax – Complete Woodworking Guide
Woodworking has emerged as an excellent industry and continues to grow significantly over the years. If you have the skills to create something out of nothing, which is basically an art, you’ll enjoy immense satisfaction. Not only does the work pay well, but the fun and satisfaction factors are also there.
So, if you’re considering starting your own woodworking business, you’ve chosen the right path. However, the path is long, arduous, and fulfilling. You’ll need capital, assistance, and, most importantly, machinery units.
It’s here that most buyers have 2 significant questions-OEM or preowned machinery, which one would be the right option?
Preowned Machinery Purchase vs. OEM Manufacturer Purchase: Break the notion!
The need for top-notch quality and well-functioning machinery units for your woodworking startup becomes essential, provided it is reasonably priced. The global impact of the pandemic has left the woodworking industry in an unprecedented condition with low demand for machinery units. Considering this fact, if you jump right for an OEM purchase, you may be rushing things out.
As a startup, you’ll have to consider different purchase options to know what suits you the best. When buying machinery units for your woodworking business, you can consider either an OEM manufacturer purchase or a preowned asset purchase. If you’re hooked up with the myth and notion that pre-owned assets mean poor quality, you’re wrong. Of course, buying something brand new can be fancy and safe, but who says that preowned assets can’t live up to your expectations.
In the starting phase of your woodworking business, you’ll need a significant funding source. And buying machinery units from an OEM manufacturer can take away almost 75% of your capital. In such a situation, you’ll become unable to channel your funds into other business aspects like warehousing, transportation, labor cost, etc.
So, learn a bit more about these purchase options to make the right purchase decision for your woodworking machinery unit.
Preowned Machinery Purchase vs. OEM Manufacturer Purchase: Know the Difference!
Here’s a table representing the critical differences between these two machinery purchase options.
| Basis | Preowned Machinery Purchas | OEM Manufacturer Purchase |
|---|---|---|
| Cost |
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| Conclusion | In terms of cost, opting for a pre-owned machinery purchase would be a wiser decision in today’s booming used machinery market. | |
| Quality |
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| Conclusion | If you’re an established woodworking business, it would be best to go with an OEM product as your focus will be primarily on efficiency and not cost-cutting. However, if you just started your woodworking venture, go with the preowned machinery as it will not only save you money but also more or less ensure a considerable amount of productivity. | |
Ending Note
When purchasing woodworking machinery from an OEM manufacturer, you won’t have to worry much about the quality, technology, and efficiency part as they will offer the latest models. All you have to worry about is the big bucks, which won’t be a problem if your business is doing well.
However, if you’re a startup, go for Preowned machinery units. Not only do they come at discounted prices, but if bought from the right platform, you may get something with a warranty, accessories, and other benefits. Also, the quality has been long explained in the above sections. So, the decision is up to you, and we can only wish you good luck
For the best-in-class woodworking machinery units, you can always visit the industry-leaders: https://www.machinerymax.com
