New vs. Used Equipment Acquisition Strategy

dealer. I didn't even know anything about Cabelco, but the dealer was amazing. From the first moment that I talked to the service rep in my area for Cabelco, I knew that that was the guy for me. That one simple conversation with the dealer led to me buying five or six different Cabelco excavators. They also sold New Holland. So, I can't tell you how many New Holland skid steers and New Holland backholes that I ended up buying because I knew the dealer would treat me better than anyone else. I've actually had the best experience with Case Equipment over any brand, but my Cabelco dealer is what eventually changed my mind. And it looks like we're going to be ready to go to our new home. for the next 6 months. See this asphalt? $2,700 cuz we had a few oil leaks from underneath that machine. We had to we had to mill down the parking lot. Keep that from happening again. We're taking extra precautions putting tarps down and plywood on top of it. Now, when you buy a piece of equipment, do you buy it brand new or do you buy it used? There's a time and place for both. The benefit of buying a brand new piece of equipment is that there should be financing and that financing can be a gamecher. Some of it's 0% otherwise it could be very low interest. The problem with buying a brand new piece of equipment is as soon as you drive it off the lot and load it on your trailer, it goes down in value. But the benefit is you also have a warranty. Now, that warranty can go a long way in giving you peace of mind when you own a piece of equipment long term. Now, I would recommend buying new equipment if you are going to be the owner operator and the person taking meticulous care of it. But if you're not and you're going to be giving the equipment to crews, then buying used is a great alternative. If you buy a piece of equipment the right way, it's instant equity. What I mean is there's companies that don't do hardscaping. They don't do any work with the equipment. they just buy, make money, and sell equipment. Meaning that as soon as they buy the equipment, they've made money on it, and then they sell it for more than they bought it for. That can be you. If you take the time and you do the research and you know which piece of equipment you want and you're willing to travel and you're willing to spend the time to find that piece of equipment at the right price, as soon as you buy it, that piece of equipment before it even turned a wheel, before the engine even turned on, should make…