Reduced Cost - someone else has already taken the bulk of the depreciated value, allowing the equipment to be sold at a better value.

Shorter Lead Times - used equipment is typically in stock and ready to ship, whereas new equipment has a lead time of 10 weeks or more. Most businesses opt for used equipment when the need is urgent and reduced downtime is the goal.

Faster ROI - used equipment provides a faster return on investment than new equipment. Wit the shorter lead times and reduced cost, a used machine can be purchased and implemented in production in a matter of days.