Why Buy New When You Can Buy Used
Authored by Derek Rotondi
March 31, 2021
After the tough year many businesses faced in 2020 a lot of businesses may be looking to save money and rebuild their bottom line. Since the start of 2021 steel has increased in cost significantly and it doesn’t look like the increasing price of steel has any plans of slowing down. When it comes to buying steel warehouse equipment such as industrial shelving, pallet racks, or mezzanines and flooring for your warehouse, you want to ensure you’re buying the highest quality of products you can find. However, with the escalating cost of steel many steel products will likely mirror the surge. This surge of pricing will increase in pricing of steel products across multiple industries. Many people don’t consider used steel industrial warehouse equipment, but it will be more economical to consider buying used steel equipment as the cost of steel continues to climb.
Today, we wanted to look at the reasons why buying used steel material handling equipment for your business can make a truly cost-saving difference. As well as some of the other benefits that come with buying used steel industrial shelving, pallet racking, mezzanines and more.
Already this year, the price of steel has gone up higher than it was during 2020. And while you wouldn’t necessarily think it would have an effect on the cost of buying new material handling equipment to outfit your warehouse, it does. When the price of steel goes up, naturally, anything made using that steel would have a price increase. If you’re looking to buy anything made from steel such as industrial shelving, pallet racks, mezzanines, and other material handling equipment for your warehouse, you should consider buying used at this time. The overall cost of steel is influenced by five factors such as:
- New Tariffs
- Supply & Demand
- Cost of Raw Materials
- Oil Prices
Manufacturers are going to be paying higher costs on any product that is constructed from steel which means they are passing that cost on to buyers. This will make it more expensive for warehouses to outfit their facilities.
Used Equipment Works
Just because the equipment is “used” doesn’t mean that it won’t perform to the same level as new steel warehouse equipment. Whether you’re buying industrial shelving, pallet racks, flooring, or extensive material handling equipment for your business, used equipment is a great economical way to go. Just think the money you saved by buying used can be reinvested into another part of your business. As we saw in 2020 it’s important to be conscientious of how much we spend because we never know what the following weeks or months may bring.
More For Your Money
With used steel equipment, you’re able to save your business money by not paying for the ripple effect of higher steel prices. American Surplus can save your business 40% - 60% off steel pallet racks, industrial shelving units or mezzanines. Not to mention you’ll be able to buy more materiel handling equipment to outfit your new warehouse or in expanding your current warehouse facility.
Whether you’re looking to maximize your facilities storage with warehouse equipment and shelving or looking to outfit an entirely new facility, make the most of your money by buying used equipment. American Surplus Inc. has a massive selection of used steel warehouse equipment to fit any of your business' needs. Check out our site today where you can request a quote or call and speak to one of our knowledgeable sales associates today.
Whether you’re looking to maximize your facilities storage with warehouse equipment and shelving or looking to outfit an entirely new facility, make the most of your money by buying used.American Surplus has a massive selection of used steel warehouse equipment to fit any of your business' needs. Call us today at (800) 876-3736 and our sales associates will help you identify the best solution for your warehouse operations. American Surplus Inc. even offers full CAD Service to provide our customers with the ability to fully realize their new storage solution before installation begins.Request a Quote