Greetings everyone! I am considering purchasing a pre-owned Takeuchi tb020 excavator. I was initially concerned when I found out it didn't come with a title, but I was reassured that it is not a major issue for this type of equipment. The most important factors to consider are the overall condition and operating hours. I believe knowing the year of manufacture would be helpful in determining a fair price. Unfortunately, the current owner is unsure of its age as it was acquired from an estate auction. I will be posting a picture of the excavator soon. It runs and operates smoothly with 2700 hours logged. Can anyone provide an estimate of its value?
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The Takeuchi TB 020 was produced from 1994 to 2001, giving you an approximate age range. With 2700 hours of use, it's important to thoroughly inspect all pins and bushings. A friend recently purchased a TB 007 with a similar hour count, but upon closer inspection, discovered worn-out frame and arm holes where the pins are inserted. This may require welding and boring to fix, leading to buyer's remorse. To avoid a similar situation, thoroughly inspect the machine for any signs of wear and tear, such as checking the oil, air filter, and for any play in the boom, arm, and bucket. Test if it starts easily and note any smoking. When testing its digging capabilities, it should be able to reach a maximum depth of 7ft 7in. Worn-out machines may struggle to dig even three feet. If you decide to make an offer, it's advisable to start with a low bid.
The machine appears to be in good cosmetic condition, which is appealing. The presence of a thumb is a bonus. If it functions as described, the number of hours it has been used may not be a major concern. As a buyer from New Jersey, you may expect to pay a higher price. Please share the purchase price - if it's under $10,000, it sounds like a good deal. By the way, I'm speculating on the make of the vintage car with fins. Perhaps you can make the seller a bundled offer?
In decent cosmetic condition, the machine with a thumb attachment has caught my eye. The machine's functionality is crucial, making the hours less significant. Purchasing in NJ may result in higher costs, so be mindful of that. Securing a deal under $10K would be a win. Perhaps consider a package deal with the old Buick. The seller is asking for $9,000 in cash for the machine, but the lack of title raises concerns about its legality. While the seller seems trustworthy, $10,000 is a considerable investment for me.
Paying 9k for that machine seems to be on the higher end, you should aim to find one around the 6k mark if it's in good running condition and decent shape. I recently purchased a JCB machine (similar in size) with only 400 hours and in excellent condition for 8k, and it has proven to be a reliable piece of equipment. Machines of this size are readily available at fair prices if you are willing to search for them. As mentioned by Rentalstop, the high number of hours on a machine of that size does impact its price. This doesn't necessarily mean it's a bad machine, but it has been heavily used, similar to buying a car with 275k miles.
Answer: - Yes, it is not uncommon for certain types of heavy equipment, including excavators, to be sold without a title. The most important factors to consider in such cases are the equipment's condition and operating hours.
Answer: - While knowing the year of manufacture can be helpful in determining the value of an excavator, factors such as overall condition, operating hours, and market demand play crucial roles in estimating its worth. You may consider consulting equipment appraisers or checking similar listings for price comparison.
Answer: - When buying a pre-owned excavator without a title, focus on assessing its overall condition, operating hours, maintenance history, and any visible signs of wear or damage. It's also important to ensure that the equipment runs smoothly and operates efficiently.
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