Should One Buy A Second-hand Rotary Drilling Rig Or A New One

As a high-value engineering equipment, when purchasing a rotary drilling rig, whether to choose a new one or a second-hand one needs to be weighed based on actual needs. Both have their own advantages and disadvantages in terms of cost, performance, risk, etc. The following is an analysis from six perspectives.

1. Initial investment cost: The price of a second-hand phone is usually 30% to 60% of that of a new one, which can significantly reduce financial pressure. Suitable for start-up enterprises or short-term projects, it reduces the occupation of funds in the early stage.

2. Equipment performance stability: The new machine is equipped with the latest technology, featuring a low failure rate and superior performance parameters. Second-hand phones, due to wear and tear from use, may have hidden faults and require professional inspection and assessment.

3. Service life and residual value: The service life of a new machine can reach over 10 years, and the residual value is relatively high when resold later. Second-hand phones have a short remaining service life, and their depreciation space is limited when they are transferred again.

4. After-sales service guarantee: New machines enjoy the manufacturer's warranty and regular maintenance services, and the supply of repair parts is stable. Most second-hand mobile phones do not have official warranties. Repairs have to rely on third parties, and the compatibility of accessories may be limited.

5. Engineering adaptability requirements: High-difficulty and high-precision pile foundation projects are more suitable for new machines and can ensure construction quality. For the construction of ordinary civil building pile foundations, second-hand machines with performance standards can meet the requirements.

6. Flexibility in capital turnover: The procurement cycle of second-hand mobile phones is short, allowing for quick investment in projects to generate profits. If a new machine is purchased through a loan, it will have to bear the interest cost, and the pressure of capital turnover will be relatively large.

In conclusion, when choosing between a new phone and a second-hand one, one needs to take into account factors such as their own financial strength, the type of project, and the usage cycle. When there is a short-term turnover or the budget is limited, second-hand phones are a practical choice. With long-term operation and high performance requirements, the new machine can better ensure the stability of construction.