Whether you are investing in construction or agricultural equipment as a dealer or a customer, you are relying on your equipment for productivity and output. Any downtime is a cost to your business in getting the job done efficiently and effectively. So, what are the benefits of a comprehensive protection plan on your heavy machinery?
- Time is money
Whether on site or in a field, productivity is crucial. If your critical equipment breaks down deadlines can easily be missed. The right cover gets equipment back on site quickly through easier access to a dealer with the parts and skilled technicians.
- Asset protection and improved resale
It is a considerable outlay for any business investing in agricultural or construction machinery. Properly maintained and serviced equipment kept under warranty should have a higher resale value compared to kit that has not been. The reasons being that any problems will have been identified, managed and repaired by manufacturer trained specialists. In addition, the sale value will be improved if the protection plan is transferred with the equipment.
- Budgeting and financial planning
Even if you have bought your equipment new, and it is under a manufacturer’s factory warranty you can still budget for the future by investing in a customised protection plan. Of course, if the equipment is out of warranty and you do not have cover and a main component fails, then costs for parts and labor can mount up quickly. These unexpected costs can be mitigated and managed through a comprehensive warranty product to protect your bottom line.
- The right parts and people
When time and money are tight it is tempting to scrimp when it comes to getting your heavy machinery repaired – even if you know this is a false economy. With the right cover you will have the confidence that a highly skilled and properly trained team will be working on your machinery. They will be using genuine manufacturer parts and materials and carrying out manufacturer approved diagnostics and processes. You can be confident that this will ensure that the job is completed swiftly and correctly the first time.