Four Ways to Get the Most Juice Out of Your Heavy Equipment Investment

Line bore

Heavy equipment part replacement…you can’t afford it and you can’t live without it. Replacing and maintaining your heavy equipment components to keep them up and running is one of the most expensive parts of any business’s operation budgets. Heavy equipment parts and repairs can cost thousands upon thousands of dollars, and the business owners who use them have no way to work and generate revenue without them. To avoid this difficult predicament, we’ve put together a list of important tips for getting the most life, at the lowest cost, from your heavy equipment.

Four Expert Tips for Getting the Getting the Most Work at the Lowest Cost Out of Your Heavy Equipment

  1. An ounce of prevention equals…thousands of dollars in repairs.
    Your faithfulness to heavy equipment servicing will be your best friend in getting a long and happy lifespan from your expensive heavy equipment. Replacing those worn-out parts before they break something more expensive, and maintaining your heavy equipment cooling systems, so they don’t burn out the whole unit, is the best thing you can do to get the most use out of your investment. Follow the manufacturers recommendations for servicing your heavy equipment for the best results.

    While we’re on the subject, finding a heavy equipment service provider who you trust is worth its weight in gold. A good heavy equipment preventative maintenance provider will use their know-how and gut instinct to catch little issues before they cost you an arm and a leg, as well as stay on top of all those pesky little maintenance tasks that keeps your big guy purring for you.

  2. If you like it then you shoulda put hardox plates on it.

    Much of the most expensive components in your heavy equipment take the greatest wear and tear. Covering the critical parts of your equipment that are exposed to the most abbrasive activity with hardox plates is a good way to protect them from breaking. Think of hardox plates like knee pads; when you’re wearing knee pads, they take a beating rather than your knees. When your knee pads wear out, they are far easier and cheaper to replace than your knees. Likewise, hardox plates are steel barriers that go over the parts of your critical equipment that take the most abrasion, and protect them from wearing out. It’s far cheaper and easier to replace the hardox plates when they wear out than it is to replace the equipment itself.
  3. One man’s trash is another man’s… Used Catapillar parts.

    Don’t despair when you need a really expensive part. Instead of putting off a necessary repair that could result in further damage, look into used parts. Sometimes otherwise healthy and happy equipment take a blow to the engine or another life-ending part (something you want to avoid for yourself), but the rest of the system is still in great shape. Obtaining a used component on your heavy equipment could save you huge sums of money, and keep them running for far longer than you would be able to buy replacing everything with the shiny new parts.

    You may be concerned of the risk of putting used components on your baby; however, if you get your used part from a good dealer, re-manufactured parts are actually a safer bet than brand-new parts. A brand-new part could be a lemon, but a re-fab part has been gone over with a fine tooth comb to ensure it is field-ready.

  4. Only use your equipment for the purpose that God designed for it.

    While all heavy equipment is subject to normal wear and tear over time, one-third of all equipment failure is a result of it not being used properly. What’s more, if you have a manufacturer’s warranty on your heavy equipment, you can throw that warranty a farewell party if you break your equipment by using it in a way you never should have. For this reason, it is incredibly important to make sure that any of your employees who are using your expensive equipment are properly task trained on it to ensure its safety and their own.

Do you have any other great tips for getting the most life out of heavy equipment? Please share below!

The following two tabs change content below.
Sarah Todd

Sarah Todd

Sarah Todd, an investment banker, is a reporter and researcher for one of London’s leading media outlets. Formerly a trader and market maker at FTSE, she turned to media during the global recession. This website features some of her best and favourite articles, from all parts of the business world. Please let her guide you and your enterprise along the path to prosperity.