5 Tips to Boost The Value of Your Equipment
Buying a new machine is a big investment so you want to make sure you’re making the right decision. You might look at some different options, view the specifications and arrange a demo. Sounds like you’ve got it covered, right? Well that depends. If you want to make the best decision for your business, it might be wise to spend some time thinking about other factors that can affect your investments value.
Here are some options to consider:
1. Add productivity technologies
Is the machine you’re considering equipped with productivity technology such as automated grade control, compaction control or payload monitoring? These systems can help you finish jobs faster while using less fuel. Increasing productivity while reducing costs over the whole life cycle can result in significant gains.
2. Consider a work tool attachment
Attachments can make your machine even more versatile which could give you the opportunity to gain more work. It can also increase utilization. View our range of work tool attachments and let your business benefit from a strategic investment.
3. Train your operators
Training your team to operate a machine efficiently and effectively can benefit your operating costs and the health and longevity of your machine. We can provide operating training to individuals or groups with our Cat® Certified Dealer Instructor.
4. Consider financing options and extended protection plans
Before you decide to purchase, look for a lender that can provide you a range of finance options to suit you and the needs of your business. Our Cat® Finance Rep will be happy to go through the options with you.
5. Look at your safety practices
Buying a new machine is a good time to look at your safety practices and culture. Do you have process in place to identify hazards? Have your staff had recent safety training? Cat Connect provides a range of technologies to improve safety on your job site.