{"id":42789,"date":"2024-10-31T16:00:33","date_gmt":"2024-10-31T11:00:33","guid":{"rendered":"https:\/\/www.my-equipment.com\/blog\/?p=42789"},"modified":"2024-10-29T16:56:04","modified_gmt":"2024-10-29T11:56:04","slug":"what-do-contractors-prefer-when-buying-equipment-survey-revealed","status":"publish","type":"post","link":"https:\/\/www.my-equipment.com\/blog\/2024\/10\/what-do-contractors-prefer-when-buying-equipment-survey-revealed\/","title":{"rendered":"What Do Contractors Prefer When Buying Equipment? Survey Revealed"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">Buying used or new heavy equipment is a series of considerations and preferences that buyers never omit. However, sometimes, these indicators fluctuate due to the economic and political instability in the region.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">In a recent survey revealed by the <strong>Equipment World<\/strong> says many hidden truths about the preferences of equipment buyers. The survey results help contractors and other newbies to make better decisions regarding their next equipment purchase. Most commonly, the brand, price and brand loyalty took the lead in the survey among potential equipment buyers.\u00a0<\/span><\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_82_2 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/www.my-equipment.com\/blog\/2024\/10\/what-do-contractors-prefer-when-buying-equipment-survey-revealed\/#Brand_and_Price_stand_out_in_the_decision-making_process\" >Brand and Price stand out in the\u00a0decision-making process<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/www.my-equipment.com\/blog\/2024\/10\/what-do-contractors-prefer-when-buying-equipment-survey-revealed\/#Relationship_with_the_Dealer_is_a_second_major_factor\" >Relationship with the Dealer is a second major factor<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/www.my-equipment.com\/blog\/2024\/10\/what-do-contractors-prefer-when-buying-equipment-survey-revealed\/#Brand_loyalty_keeps_balance_in_the_market\" >Brand loyalty keeps balance in the market<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/www.my-equipment.com\/blog\/2024\/10\/what-do-contractors-prefer-when-buying-equipment-survey-revealed\/#Some_contractors_prefer_only_one_brand_for_every_purchase\" >Some contractors prefer only one brand for every purchase<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/www.my-equipment.com\/blog\/2024\/10\/what-do-contractors-prefer-when-buying-equipment-survey-revealed\/#Maintenance_and_Aftermarket_Parts\" >Maintenance and Aftermarket Parts<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/www.my-equipment.com\/blog\/2024\/10\/what-do-contractors-prefer-when-buying-equipment-survey-revealed\/#Takeaway\" >Takeaway<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/www.my-equipment.com\/blog\/2024\/10\/what-do-contractors-prefer-when-buying-equipment-survey-revealed\/#Dont_forget_to_subscribe_to_our_YouTube_channel_for_more_equipment_offers_and_insights_into_the_industry\" >Don\u2019t forget to subscribe to our YouTube channel for more equipment offers and insights into the industry.\u00a0<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Brand_and_Price_stand_out_in_the_decision-making_process\"><\/span><b>Brand and Price stand out in the\u00a0decision-making process<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">It is not even a surprise that equipment buyers prefer price and brand too while buying whether new or used equipment. The survey report extensively showed that the equipment purchases were greatly influenced by the prices of the equipment regardless of the type and model. This has made things more interesting in the report as 18% of respondents said that they prefer prices over anything while buying heavy equipment.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Price may be an important consideration, but brand loyalty is also quite important. Among all the respondents, 13% of contractors buying heavy machinery and 17% of contractors buying pickup trucks cited brand loyalty as a major factor in their choice. This pattern suggests that contractors are likely to remain loyal to companies they have a good relationship with and have used in the past.\u00a0<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Relationship_with_the_Dealer_is_a_second_major_factor\"><\/span><b>Relationship with the Dealer is a second major factor<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">The relationship that contractors have with dealers is another important consideration when purchasing heavy equipment.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The Survey outcome says that 14% of respondents who were buying heavy equipment prefer a\u00a0relationship with the dealer while buying heavy equipment. This is consistent with the difficulties involved in maintaining and servicing sophisticated gear, where having a strong dealer network can be quite beneficial.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Other categories see a minor decrease in the prominence of this factor. Just 11% of respondents said dealer relationships were important for pickups. A dealer relationship was deemed significant by 12%\u201314% of contractors in categories such as compact equipment and vocational vehicles.<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Brand_loyalty_keeps_balance_in_the_market\"><\/span><b>Brand loyalty keeps balance in the market<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">The majority of contractors compare brands before buying equipment, which is one of the survey&#8217;s most intriguing outcomes. For every type of equipment, more than half of contractors indicated they usually compare at least two brands.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">When it comes to buying vocational trucks or other <\/span><a href=\"https:\/\/www.my-equipment.com\/blog\/2021\/06\/6-types-of-earth-moving-machines\/\"><b>Heavy Moving Machinery<\/b><\/a><span style=\"font-weight: 400;\">, this trend is most noticeable, 70% of contractors stated they compare at least two brands. This percentage somewhat declines for pickups, when 55% of respondents indicate they compare brands.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">People say that buying used equipment is quite a\u00a0delicate and risky process so they only rely on their trusted dealers and cannot try different ones each time. Being scammed by dealers is one of the biggest fears that people feel. They also stated that the trusted dealer understands their need and they do not have to go through again and again from scratch explaining their needs and requirements.\u00a0<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Some_contractors_prefer_only_one_brand_for_every_purchase\"><\/span><b>Some contractors prefer only one brand for every purchase<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Even though most contractors look at several brands, some do stick to just one. Of contractors who recently purchased heavy equipment, 23% indicated they looked at just one brand.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Similarly, 19% of consumers buying small equipment concentrated on a single brand. On the other hand, 41% of contractors only gave one brand consideration when making their most recent purchase, pickups.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Surprisingly, just 15% of contractors were considering a single brand when it came to vocational vehicles. Rather, 41% of respondents claimed to have compared two brands before making a purchase. This suggests that contractors look into a wider range of options when it comes to vehicles.<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"Maintenance_and_Aftermarket_Parts\"><\/span><strong>Maintenance and Aftermarket Parts<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">The decision-making process is mostly influenced by price, brand, and dealer relationships, but it also takes into account other, if smaller, considerations like warranty, ease of maintenance, and availability of aftermarket components. The long-term operating problems contractors have with their equipment are highlighted by the 8%\u201310% of contractors who stated these factors in their decision-making process.<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Takeaway\"><\/span><b>Takeaway<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">The survey&#8217;s findings provide detailed numerical insight into the elements that contractors consider most importantly when making equipment purchases. While price is still the most important factor, dealer connections and brand loyalty are also quite important. Particularly when purchasing compact equipment and vocational trucks, contractors frequently weigh several brands, nonetheless, many still choose to stick with reliable brands because of their favourable prior experiences. When making these important purchases, <strong>contractors ultimately try to find a balance between cost, quality, and service.<\/strong><\/span><\/p>\n<h3 style=\"text-align: center;\"><span class=\"ez-toc-section\" id=\"Dont_forget_to_subscribe_to_our_YouTube_channel_for_more_equipment_offers_and_insights_into_the_industry\"><\/span><strong>Don\u2019t forget to subscribe to our YouTube channel for more equipment offers and insights into the industry.\u00a0<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><center><iframe loading=\"lazy\" title=\"YouTube video player\" src=\"https:\/\/www.youtube.com\/embed\/Nni3IEZSDA8?si=CS9_zGu-m450s0I5\" width=\"560\" height=\"315\" frameborder=\"0\" allowfullscreen=\"allowfullscreen\"><\/iframe><\/center><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Buying used or new heavy equipment is a series of considerations and preferences that buyers &hellip; <a href=\"https:\/\/www.my-equipment.com\/blog\/2024\/10\/what-do-contractors-prefer-when-buying-equipment-survey-revealed\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;What Do Contractors Prefer When Buying Equipment? Survey Revealed&#8221;<\/span><\/a><\/p>\n","protected":false},"author":3,"featured_media":42792,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[901,1155],"tags":[1526,751,1527,1525],"class_list":["post-42789","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-construction-career-outlook","category-feature","tag-buying-pickup-trucks","tag-contractors","tag-dealer-connections","tag-equipment-world"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.2 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>What Do Contractors Prefer When Buying Equipment? Survey Revealed - MY-Equipment Blog<\/title>\n<meta name=\"description\" content=\"What do people prefer while buying heavy moving machinery revealed by a recent report stating amazing facts. 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