When heavy equipment breaks down, equipment owners or managers are typically faced with two options — to replace or rebuild the equipment.
Replacement entails buying a new or used machine. Rebuilding, on the other hand, entails repairing and machining parts of the machine with the goal of restoring the equipment to its original state.
While replacement has its own benefits, the upfront cost of buying heavy equipment can be prohibitive. On the other hand, rebuilding can be a cost-effective way to give your equipment a new lease of life while protecting your bottom line.
Read on to find out the benefits of rebuilding your equipment.
1. Save on Costs
The biggest advantage of rebuilding instead of buying new equipment is the cost implications. Generally, rebuilding parts of a machine is less expensive than purchasing entire equipment.
Rebuilding is often a viable option when the machine is not completely broken, has not outlasted its life expectancy, and the cost of repairs does not exceed the cost of buying new equipment.
Consider the fact that purchasing new equipment can have a serious financial impact on your business. Operators may need to be retrained, and due to a lack of familiarity with the new equipment, you may have to contend with longer lead times, all of which can affect your
2. Improve Resale Value
Do not turn in your equipment too early. Over time, equipment will start to break down more often, but even broken-down machines could still be good candidates for rebuilding. You can remanufacture equipment components and make a once worn and damaged machine look like new, giving equipment managers an opportunity to resell the machine at a future date.
Undeniably, reselling your used equipment delivers more value than junking your old but potentially reusable equipment only to buy a
3. Prolong Service Life
A good quality rebuild entails more than just patching up broken components and painting the equipment. Reputable equipment fabricators conduct extensive troubleshooting and diagnosis, evaluate the condition of the machine, and identify the type of rebuild the machine requires.
You might have to disassemble a machine to appraise the electrical, structural, and mechanical components before performing the necessary custom machining and fabrication job.
Once your fabricators make the extensive changes needed, you can revive and breathe a new lease of life to a machine that seems to be at the end of its life, allowing you to use your equipment for much longer.
4. Minimize Life Cycle Costs
Life-cycle costs refer to the costs of maintaining a machine over its lifetime. Over time, factors such as wear and tear will increase the cost of maintaining a machine, as more and more repairs become necessary.
While repairs are beneficial, touchups and tune-ups only offer a short-term solution to equipment problems. Repairs may allow you to get your machine up and running faster, but the machine will likely break down again in no time.
Rebuilding does entail repairing the components of a machine. However, this process goes well beyond face-value repairs and instead remanufactures damaged components to become as good as new. Compared to repaired parts, remanufactured components are less prone to frequent breakdowns. Fewer breakdowns mean fewer repairs and more money in your pocket.
The choice between replacing and rebuilding heavy equipment can be a difficult one to make. However, rebuilding offers a valuable opportunity to delay turning in equipment so you can make the most of the assets you already have.
Rebuilding equipment is an intricate process that should be left to machining and fabrication experts. At Anything On-Site Repair, we take on projects most would turn away. You can trust us to revamp and transform your machine to look like new. Get in touch with us today to discuss your needs.