Should I Buy New or Used Oilfield Equipment?

You want to get the best deal and the best equipment for your organization. How do you know if that means new or used oilfield equipment? Luckily, Tiger General has both. Here are a few factors to consider when making the decision between new or used oilfield equipment.

Buying New Oilfield Equipment

One thing about new equipment is that it should be the best available option that company makes. New equipment will have all the bells and whistles, all the latest safety research and technologies, etc. When building new machines, companies get their feedback from the field and incorporate that into new products.

The enhancements they’ve added to most recent editions are at the request or suggestion of customers like you. This means what you’re purchasing should be the most dependable and optimized piece of equipment to-date.

Another benefit is fewer maintenance and repairs. However, in the event you do need to take it into the shop, it’s often easier to find service for newer machines, the parts are kept in stock and easy to access. Those who work on them are up-to-date on the new equipment, etc. And, last but not least, there is the possibility of return policies. That’s something you rarely get with used equipment. It’s also something you don’t often need, as you do research and know what you’re purchasing ahead of time—it’s still nice to have the option.

Buying Refurbished Oilfield Equipment

Sometimes in order to compete in the industry, you need to enhance your fleet while still cutting back on costs. That’s where used equipment comes in. With the right piece of refurbished machinery, you can get the same amount of work capabilities for a fraction of the price.

With anything new, you lose a certain amount of value the first time it goes into operation. When you buy used equipment, the initial depreciation period has already passed. A good dealer of refurbished equipment, like Tiger General, will offer some kind of warranty so you know you’re not taking on too much risk with your purchase.

There are plenty of options we have for sale that are only slightly used with plenty of value and life left in them. You can get a fine piece of equipment without the large price tag and help keep up with your competition in the industry.

Visit Tiger General for New or Used Oilfield Equipment

You can check out the items for sale on our website or reach out to us for a customized spec.

Fill out the Tiger General Truck Inquiry Form today to get started on bringing your next piece of equipment to where it’s needed most.

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