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Test Equipment - Should You Buy New Or Used?

April 20, 2012 | Comments: 0 | Views: 192

When considering acquiring a new piece of test equipment there are a number of factors you should seriously take into consideration before committing. The first will be whether you decide to buy or lease/ rent the machine. With the stringent economic constraints under which many companies are operating today there are considerable savings to be made with this important decision.

Influencing factors The factors that will influence your choice between purchasing or leasing test equipment will depend on lead in time, duration of project, equipment lifespan and upgrading.

If your project has a short lead in then sometimes the delivery of purchased test equipment can cause delays in work. Leasing equipment will give you a quicker response to the needs of the project and you will also experience less downtime should you have problems with your machine. Leased equipment also has the advantage that companies can often buy the machine should they choose at a later date.

Equipment usage Project duration and frequency are also important factors, if the piece of kit is only going to be used occasionally and spend much of its time on the shelf in the storeroom then leasing is probably a better option. However, if you have a long ongoing project where it will be in constant use you will probably save money in the long run if you purchase the equipment outright from the start.

Durability The durability of the machine is also an important factor, if its construction has lots of moveable parts or buttons and switches that are easily damaged then leasing will save money in the long run. Equipment that is prone to failure and in constant need of repair or servicing can cost not only in maintenance but also downtime and project delays. Equipment that is strong and sturdy, capable of taking the knocks of everyday use and will be in service for a long time is normally better off being purchased.

Upgrades Nowadays certain technologies seem to have new releases or exciting developments on a monthly basis so if your testing equipment falls into the category or "regularly updated" then you should more than likely lease. If having the most up to date equipment is important for the results you produce then leasing allows you to upgrade at very little extra cost. This will generally be better than buying a new apparatus every time the manufacturer brings out their latest model.

Certain technologies are pretty static and no matter how far science advances, the basic design principles are still the same. These lend themselves to buying from the start as no matter how your industry changes these machines will always be the same as there is very little chance the technology will be updated, other systems however are prone to regular and rapid movement and leasing allows you to keep in touch with the competition.

Although Alex has mainly been the primary user of emc test equipment he has recently also started to get more involved with the strategic planning of test equipment hire.

Source: EzineArticles
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