Companies are constantly seeking ways to minimize their production costs while maintaining efficiency, especially when it comes to end-of-line packaging.
One trend we’ve noticed at Wayne Automation is the increasing number of manufacturers considering used packaging equipment instead of new industrial packaging machines. While the initial purchase price of second-hand packaging equipment might seem attractive, it’s crucial to understand the complete picture before making this significant investment.
Here, we talk with Jeff Hoffpauer, Northeast and Midwest Sales Manager for Wayne Automation, and Southeast and Western Sales Manager Ben Goodman, to discuss new vs. pre-owned packaging equipment.
Understanding the True Cost of Ownership
When evaluating whether to buy used packaging equipment or invest in new packaging machinery, the total cost of ownership becomes a critical factor.
As Ben explains, “The true cost of ownership should calculate the original purchase price of that machine, plus necessary parts and labor to maintain a high efficiency throughout the system’s expected lifespan.”
Consider these key factors when analyzing complete packaging lines:
- Energy efficiency and utility costs
- Initial purchase price and installation costs
- Maintenance and repair expenses
- Operational efficiency and downtime
- Parts availability and replacement costs
- Training and documentation requirements
The Long-Term Investment Perspective
As an original equipment manufacturer (OEM), Wayne Automation has extensive experience in understanding how packaging equipment performs over time. A wide selection of new packaging machinery from Wayne typically has a lifespan of 15-25 years. What’s particularly noteworthy is how the cost structure evolves over time.
According to our analysis, the cost of ownership for new equipment follows a predictable pattern: “Cost of ownership of a new Wayne machine dramatically decreases years 2,3,4 and beyond, where we see an inverse relation with costs escalating on pre-owned equipment,” says Ben.
Warranty Protection: A Critical Consideration
When comparing new versus second-hand packaging equipment, warranty coverage often becomes a decisive factor.
Many companies have discovered that superior performance and peace of mind come with manufacturer warranties on new equipment. A packaging equipment company that provides comprehensive warranty coverage helps protect your investment and ensures reliable operation.
As Ben emphasizes, “There are financial and operational risks that are inherent with pre-owned equipment. Having a manufacturer’s warranty is huge when purchasing equipment.”
Types of Packaging Equipment and Support Services
Whether you’re considering new or used packaging equipment, understanding the available support services is crucial.
Wayne Automation’s commitment to customer success extends across all equipment types, including case erectors and sealers, tray formers, partition inserters, and custom solutions for complete packaging lines.
Even though Wayne Automation doesn’t sell used packaging machines, we maintain a strong commitment to supporting all of our equipment in the field. “Wayne has a robust department to support equipment out in the field, no matter if it’s new or used,” explains Ben. “This includes service technicians and virtual support, spare or replacement parts, and comprehensive documentation.”
Making an Informed Decision
When purchasing packaging equipment, it’s essential to consider all aspects of the decision before making your investment. Here are the key advantages of choosing new packaging machinery:
- Comprehensive warranty coverage
- Extended service life
- Full manufacturer support and documentation
- Latest technology and efficiency improvements
- Optimal performance from day one
- Predictable maintenance costs
Contact Wayne Automation
The decision between new and used packaging machinery ultimately comes down to your specific business needs and long-term objectives.
While used packaging equipment might seem like a cost-effective solution initially, new equipment often provides better value over its complete lifecycle through superior performance, reliability, and manufacturer support.
Considering new or used packaging equipment for your production line? Find out which option would be most cost-effective for your business by contacting Wayne Automation today.
