In today’s fast-paced and economically challenging environment, businesses are increasingly turning to used equipment as a viable alternative to new purchases. This trend is driven by several compelling benefits, ranging from financial savings to sustainability. These advantages can allow businesses to evolve while also making the most of used equipment.
Financial and Logistical Benefits
One of the primary advantages of purchasing used equipment is the significantly lower cost compared to new. DLL International Asset Sales Manager, Oliver Marzi cites that in 2024 and 2025, the rising costs due to supply chain disruptions and component shortages have made new machines approximately 30-40 percent more expensive. Additionally, used equipment depreciates at a slower rate than new, providing better value over time.
In a time when supply chains are frequently disrupted, such as the recent port strike, used equipment also offers greater flexibility. It is available immediately, allowing businesses to make last-minute decisions without the long lead times associated with purchasing new machinery.
“When it comes to delivery and implementation, used equipment has a clear advantage. Many manufacturers have reduced production capacity, further lengthening the delivery times for new equipment, while used options are readily available,” says Nicola Zingraf Bolton, Head of Physical Asset Data at DLL. Unlike new models, which often come with long waiting lists, used equipment can be acquired and put into operation much faster. Michelle Why, DLL Asset Sales Specialist, Healthcare, recognizes a similar situation with specialized items like ambulances, where waiting lists are full every year and customers are turning to used options, which are typically more available.
Sustainability
Purchasing used equipment offers significant sustainability benefits. For example, buying used equipment can reduce manufacturing carbon emissions considerably, as opposed to purchasing new machinery, as their purchase is avoiding emissions that would be otherwise needed to produce a new asset. Tracking the usage history of equipment can ensure it meets environmental and regulatory standards. DLL Equipment Evaluation Specialist, Beth Salus shares, “It’s increasingly important as sustainability becomes a key focus for businesses. In regions like Africa and Eastern Europe, economic factors may take precedence, but meeting emissions standards remains crucial for market access.”
Some used equipment can be updated or refurbished with newer parts, further contributing to circularity. This practice can extend the lifespan of machinery by 20-30 percent. Additionally, Salus states, “Developing countries can greatly benefit from used equipment, and DLL is committed to supporting these markets through partnerships or donations.”
In fact, the global market for used equipment is expected to grow at a Compound Annual Growth Rate (CAGR) of 5.2 percent from 2023 to 2028, highlighting its increasing importance. In addition, opting for used equipment can significantly reduce the demand for raw materials, lower energy consumption associated with manufacturing, and decrease the volume of waste destined for landfills.
Performance, Reliability, and Risk Mitigation
Well-maintained used equipment can even perform comparably to new models. The key is to focus on the inspection and maintenance history, rather than just the hours of usage. While new equipment may feature the latest technological advancements, used equipment that has been properly cared for can be just as reliable and efficient.
One of the potential risks of purchasing used equipment is the uncertainty about its condition or history. To mitigate this, it is essential to provide transparency. Customers should have access to the full story behind the equipment, including thorough inspections and service records. Having insights from telematics into the actual asset utilization, health status and maintenance diligence over its entire life cycle helps address any potential damage before finalizing the sale and can also help build confidence in the purchase.
Warranty and service agreements can also help ensure reliability; however, it is important to note that agreements for used equipment typically differ from those for new purchases. Used equipment is often sold “as is,” without formal warranties. As Why notes, “Sellers can enhance customer satisfaction by addressing visible damages or offering repair solutions within a specific period. For example, at DLL, we offer ‘sold as seen’ or refinancing options and aim to repair significant damages within the first three months for items like ambulances.”
Technological Relevance
Ensuring used equipment remains relevant in the future involves understanding its intended use and lifecycle stage. Not every end user requires the latest technology, and some used equipment can even be remanufactured. This approach not only extends the equipment’s lifespan but also supports sustainability through circularity, confirms Salus.
Strategic Advantages
Purchasing used equipment can offer strategic advantages in various scenarios. For instance, used ambulances and standby machines that experience low usage can provide cost-effective solutions. Additionally, companies buy used equipment to test new markets or services without a significant upfront investment, minimizing their financial risk.
Market Demand
Market demand for certain types of equipment can significantly influence the decision between buying used versus new. For example, the French Circular Economy Law’s article 58 requires Used Equipment as part of public procurement, citing “As of 1 January 2021, the goods acquired annually by the public authorities shall be obtained through the reuse or integration of recycled materials in proportions of 20 percent to 100 percent, depending on the type of product.”
Gaurav Sharma, Head of Circularity and Life Cycle Management at DLL adds, “Used equipment offers new pathways for sustainability and business ambitions by reducing waste and thus minimizing environmental impact, as well as enabling extension of equipment life and business continuity.”
The DLL Advantage
At DLL, we understand the diverse needs of businesses and the growing importance of sustainability. Our expertise in financing used and refurbished equipment, coupled with our commitment to transparency and customer satisfaction, makes us a trusted partner in your journey towards cost-effective operations. For first-time buyers considering used equipment, it’s important to:
- Understand the equipment’s history by requesting service reports and information on any ongoing warranties or service agreements.
- Ensure there is a good inspection of the equipment with transparency of the results.
Whether you’re looking to save on costs, reduce your environmental footprint, or ensure quick delivery and implementation, DLL is here to help you navigate the benefits of purchasing used equipment. Consider exploring our Used Equipment Showroom where you can save costs, reduce your footprint, and enjoy quick delivery.