End of Life Equipment

​[head] How to Dispose of End of Life Equipment 
 
To maintain the best performance possible on the job, sometimes you have to say goodbye to even your longest serving heavy equipment. Eventually, all machines will deteriorate with regular use. To minimize unexpected breakdowns, you must replace end of life equipment before the risk of failure becomes too high.
 
Many equipment owners don’t know what they can do with their machines once it’s reached the end of its life. To help you out, we’ve put together some options to deal with end of life equipment. 
 
Sell it
Just because you’re done using a machine doesn’t necessarily mean that someone else doesn’t still want it. If it is still in usable condition, you can try selling the machine directly to a buyer. The drawback to this end of life equipment disposal method is that it can take a lot of time and effort to sell directly to a buyer. You have to act as a sales rep in addition to running your operation. The other option is to contact your dealer or manufacturer and see if they are interested in purchasing it.
 
If you’re looking to sell your equipment, contact us! We are always on the lookout to purchase used equipment. 
 
Selling for parts  
An alternative to finding a buyer who would actually use your piece of equipment is to sell the machine for parts. Even if your equipment is in very poor condition, the components within it can still retain significant value and help you recoup some of your investment. At Pittman, we will buy your old equipment in order to recover their parts. 
 
Trade it in
Many dealers or manufacturers will happily take your old machine as a trade in. This route may be easier than selling, because they know how to refurbish, remanufacture, and resell old machines. Plus, most will also have an established process for reselling used equipment. While this option could help you save money on a new machine, what you receive for your equipment will depend on what the dealer or manufacturer estimates is a fair trade in value.
 
Recycle or scrap it
Recycling or scrapping may be your only option if your end of life equipment is in very poor condition. Although you won’t receive as much money as you would if you were selling a machine in better condition, scrap and recycling centers may help you recoup some amount. It’s definitely a better choice than leaving it to sit and rot on your lot or behind your shop.
 
Conclusion 
Old equipment does not need to sit idle and take up wasted space in your facility. There are ways to dispose of it while potentially recouping some of your costs. Whether you have one machine reaching its end of life or several, the options listed above will help you determine the best approach to disposing of any equipment that is no longer useful to you. 
 
If you have questions about disposing of end of life equipment, contact our team today!