Used Crane 2026 Buying Guide: 0% Down, No Age Limit

Used Crane Buying Guide 2026

Used cranes save money. Lots of money. 40-60% cheaper than new. But banks don't finance used cranes older than 5 years. Good used cranes are 5-15 years old. Banks say NO. We say YES. This guide helps you buy used crane with 0% down payment.

Why Buy Used Crane?

• Cost Savings: 40-60% cheaper than new
• Same Capacity: Lifting power unchanged
• Proven: Service record available
• Available: Immediate delivery
• Equity: Build ownership faster

Bank vs. Ing Heng Credit

Factor	Bank	Ing Heng Credit
5-10 Year Old Crane	Rejected	Approved
10-15 Year Old Crane	Rejected	Approved
Down Payment	10-20%	0%
Financing	90%	100%
Approval Time	2-4 weeks	48 hours

Used Crane Price Comparison

50-Ton Mobile Crane:

• New price: RM450,000
• Used (5 years): RM250,000 (save 44%)
• Used (8 years): RM180,000 (save 60%)
• Used (10 years): RM150,000 (save 67%)

100-Ton Mobile Crane:

• New price: RM1,400,000
• Used (5 years): RM800,000 (save 43%)
• Used (8 years): RM600,000 (save 57%)
• Used (10 years): RM500,000 (save 64%)

What to Check When Buying Used

1. Service History

• Regular maintenance done?
• Major repairs recorded?
• Oil changes documented?
• Inspection reports available?

2. Hours Used

• Under 10,000 hours: Excellent
• 10,000-15,000 hours: Good
• 15,000-20,000 hours: Fair
• Above 20,000 hours: Careful inspection needed

3. Physical Condition

• Rust and corrosion check
• Hydraulic system condition
• Wire ropes and cables
• Engine performance
• Tire condition (mobile cranes)

4. Certification Status

• DOSH certification current?
• Last inspection date
• Any modifications documented?
• Load testing records

Best Used Crane Types

Mobile Cranes

• Best Value: 8-12 years old
• Savings: 50-60% vs new
• Reliability: Very high
• Popular: 20-ton, 50-ton, 100-ton

Tower Cranes

• Best Value: 5-10 years old
• Savings: 40-50% vs new
• Reliability: High
• Note: Check anchoring system

Crawler Cranes

• Best Value: 10-15 years old
• Savings: 50-60% vs new
• Reliability: Very high (built tough)
• Note: Check undercarriage

Financing Used Crane

Example: 50-Ton Used Crane

Age: 8 years old

Price: RM180,000

Bank:

• Result: Rejected (too old)

Ing Heng:

• 0% down payment: RM0
• 100% full loan: RM180,000
• Monthly payment: ~RM3,500
• Approval: 48 hours

Why Choose Ing Heng Credit?

1. No Age Limit

5-year-old? 10 years? 15 years? If it works, we finance it.

2. 0% Down Payment

Use your cash for operations. Not for down payment.

3. 100% Full Loan

Complete used crane price financed.

4. Fast Approval

48 hours. Don't wait weeks for bank rejection.

5. Experience

We understand used equipment value. Banks don't.

Success Story

"Needed 100-ton mobile crane. New crane RM1.4M. Found 10-year-old used crane for RM550,000. Excellent condition. Service records perfect. Only 12,000 hours. Bank rejected (too old). Bank wanted RM210,000 down payment for new crane. Came to Ing Heng. Approved used crane in 48 hours. 0% down payment. 100% full loan RM550,000. Monthly payment RM11,000. Monthly rental income RM45,000. Net profit RM34,000/month. Best business decision ever. Saved RM850,000 vs new crane."

— Tan Boon Seng, Crane Owner

Apply for Used Crane Financing

Don't let bank age limit stop you. Buy good used crane. Save money. Build equity.

Choose Ing Heng Credit:

• No age limit
• 0% down payment
• 100% full loan
• 48-hour approval

Join 4,000+ businesses who have trusted Ing Heng Credit since 1985.