What should I check when buying used industrial machinery?

Key inspection points: 1) Operating hours and maintenance records, 2) Physical condition - wear, rust, damage, 3) Electrical systems and controls, 4) Hydraulic systems - check for leaks, 5) Safety features and CE compliance, 6) Test run under load, 7) Spare parts availability, 8) Original documentation.

What is the typical depreciation rate for industrial machinery?

Industrial machinery typically depreciates 15-20% in the first year, then 8-12% annually. After 5 years expect 50-60% depreciation. After 10 years, machines retain 25-40% of original value. Premium brands hold value better.

What is the difference between CNC and conventional machines?

CNC machines are computer-controlled offering precise, repeatable operations. Conventional machines require manual operation. CNC advantages: higher precision, faster production, complex geometries. Conventional advantages: lower cost, simpler maintenance, better for one-off jobs.

What payment methods are safe for international machinery purchases?

Safe methods: 1) Letter of Credit - bank guarantees both parties, 2) Escrow services - funds released after inspection, 3) Partial payment with inspection clause - 30% deposit, 70% after inspection. Avoid full wire transfers before inspection.

How do I check operating hours on used machinery?

Location varies by control: Fanuc - PMC diagnostic screen, Siemens 840D - Diagnostics menu, Mazak - Maintenance screen. For construction equipment check dashboard hour meter. Always verify with service records.