Used Equipment Guide 2026: Complete Buying Guide

Why Buy Used Equipment?

Used equipment saves money. Cost is 40-60% less than new. Same work for lower price. Smart choice for budget-conscious businesses.

2026 Used Equipment Prices

• Used Komatsu excavator: From RM34,000
• Used CAT excavator: From RM50,000
• Used forklift: From RM15,000
• Used lorry: From RM25,000
• Used prime mover: From RM80,000

Bank vs. Ing Heng: Used Equipment Financing

Factor	Bank	Ing Heng Credit
Equipment Age	5 years max	NO Age Limit
Down Payment	10-20%	0%
Financing	Up to 90%	100%

Used Equipment Inspection Checklist

Visual Inspection

• Body condition: No major damage or rust
• Undercarriage: Check for wear and damage
• Tires/tracks: Good condition, proper tread
• Leaks: No oil, fluid, or hydraulic leaks

Operational Test

• Start engine: Should start easily
• Test functions: All controls work properly
• Lift test: For excavators, forklifts
• Drive test: Moves smoothly, no unusual sounds

Documentation Check

• Service records: Regular maintenance history
• Previous ownership: Clear title, no disputes
• Registration: Valid JPJ/APAD documents
• Inspection reports: Recent condition checks

Used vs. New: Cost Comparison

Example: 20-Ton Excavator

New: RM300,000

Used (5 years old): RM120,000

Savings: RM180,000 (60%)

Same capital allowance:
• New: RM120,000 initial allowance
• Used: RM48,000 initial allowance

But used cost is 60% less: Better value for money

Financing Used Equipment

0% Down Payment Advantage

• No upfront cost: RM0 down payment
• Full financing: 100% of used equipment price
• Preserve cash: For repairs and upgrades
• Same tax benefits: As new equipment

NO Age Limit Benefit

• 10-year equipment: We finance
• 15-year equipment: We finance
• Banks reject: Anything over 5 years
• Ing Heng accepts: Any age with good condition

Used Equipment by Type

Used Excavators

• Komatsu PC200: From RM34,000
• CAT 320: From RM50,000
• Hitachi EX200: From RM38,000
• Age range: 5-15 years available

Used Forklifts

• Toyota 2.5 ton: From RM15,000
• Komatsu 3 ton: From RM18,000
• Electric forklift: From RM20,000
• Age range: 3-10 years available

Used Lorries

• Isuzu 5-ton lorry: From RM25,000
• Hino 10-ton lorry: From RM45,000
• Fuso truck: From RM30,000
• Age range: 5-12 years available

Used Equipment Risks and How to Avoid

Risk: Hidden Problems

Solution:
• Professional inspection before buying
• Test all functions thoroughly
• Check service history
• Get warranty if possible

Risk: High Maintenance Costs

Solution:
• Budget for repairs and maintenance
• Choose reliable brands
• Avoid overly worn equipment
• Set aside maintenance reserve

Risk: Short Remaining Life

Solution:
• Check operating hours
• Assess condition carefully
• Consider equipment age vs. price
• Plan for eventual replacement

2026 Used Equipment Buying Tips

1. Set budget: Including repairs and maintenance
2. Inspect thoroughly: Or hire professional inspector
3. Check documentation: Service history, ownership
4. Test operation: Run equipment before buying
5. Negotiate price: Used equipment prices flexible
6. Use 0% down: Preserve cash for repairs
7. Get financing first: Know your budget limit
8. Consider age: Older is cheaper but shorter life

Real Used Equipment Success

"Bought used Komatsu excavator for RM45,000. New would cost RM180,000. Saved RM135,000. Machine in good condition. Only 6 years old. Financed with 0% down payment. No upfront cost. Monthly payments affordable. Used equipment for 3 major projects. Earned RM200,000 in revenue. Best investment ever. With savings, bought another used excavator. Fleet expanded without breaking bank."

— Roslan Mat, Contractor

Find Your Used Equipment in 2026

Used equipment saves 40-60% vs. new. 0% down payment preserves cash. 100% full loan on any age. NO age limit means more choices.

We approve in 24-48 hours. Find your used equipment and get financing today.