Mining Magazine January 2015 | Page 15

How to Buy and Sell Mining Equipment Via Auction
Giant Terex rock trucks being sold in Houston ,
condition of the pin and bush wear .
Test the equipment : Potential buyers should always operate the equipment before making a bid . Drive the machine , move it backwards , forwards , lift all the machine ’ s moving parts . Check the steering arms and inspect under the carriage for wear and tear . Check the position of the track adjuster to see if the tracks are worn out . If they are , it will be tightened .
Get under the hood : Buyers should always inspect the equipment ’ s engine and components before bidding . Make sure to look for excessive smoke and / or coloring . It could be a tell tale sign of engine problems . In addition , be sure to request the computer logs of the machine to check hour meters .
Do research before buying : Similar to purchasing a car or home , buyers should do their homework before signing their name .
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