Follow us


Aboneaza-te la newsleter

International

Wheel loader buy-back scheme inspires confidence in Hitachi

Wheel loader buy-back scheme inspires confidence in Hitachi

A UK-based operational contract management and plant hire services company has purchased two Hitachi ZW310-6 wheel loaders for quarrying and bulk handling projects. Both models were supplied to MJ Hickey Plant Hire and Contracts Ltd with a buy-back option from Hitachi Construction Machinery (Europe) NV.


The first ZW310-6, fitted with 4.5m³ general purpose bucket, was delivered in 2018 and is working in one of England’s largest limestone quarries, located in Leicester. The second model was delivered in October 2019 with a 6m³ high-tip bucket and is used at a site in Wales.


“We ordered these models specifically for these projects and to meet our customers’ requirements,” says Managing Director Anthony Hickey. “There is a good residual value on Hitachi machines, so therefore it’s commercially viable for us. If the work dries up, and you’ve purchased an asset, then you have to consider what to do with it. However, this kind of buy-back agreement lends a degree of flexibility and is suitable for short-term contracts.”


A strong residual value and fixed costs


As part of the buy-back arrangement, both wheel loaders are covered by a full package 6,000 hour/three-year warranty and maintained by Hitachi Construction Machinery (UK) Ltd. (HCMUK). “So far, the machines have proved reliable and any minor points that have arisen have been sorted quickly by HCMUK,” he adds.


“The buy-back was important in our decision to invest in the two wheel loaders, and it enables us to calculate our costs over three years. It’s a good overall package, with a strong residual, and it proves to us that Hitachi has confidence in the reliability of its products.“Our customers at both sites are happy with the performance of the Hitachi wheel loaders, as are the operators – thanks to the user-friendly cab,” explains Anthony. “And if our customers are happy, then we’re happy.”

The Hitachi buy-back scheme applies to ZW150 to ZW550 wheel loaders. The machine must be in good working order, less than five years old and have worked a maximum of 2,000 hours per year. Other conditions apply.

International

Recent Posts:

Mr. Maggioni’s CEO role extends to the entire corporate conglomerate, including Raimondi subsidiaries in Turkey and across the Middle EastHighly experienced executive to catalyse aggressive brand internationalization and global growth strategy via M&A and expansion of business linesSenior ...


Citeste mai mult

Hitachi Construction Machinery (Europe) NV (HCME) is pleased to announce the appointment of Mr Francesco Quaranta as its new President and CEO as of 1 April 2024. He replaces Mr Takaharu Ikeda, who will continue in the roles of Chairman of the Management Board at HCME and HCM Regional General Manage...


Citeste mai mult

2024 World Battery & Energy Storage Industry Expo (WBE)2024 World Hydrogen Energy Industry Expo (WHE)Date: August 8th-10th, 2024Venue: 1st and 2nd Floor, Area A, China Import and Export Fair ComplexAddress: No.380, Yuejiang Zhong Road, Guangzhou, ChinaWebsite: https://en.battery-expo.com/ Organ...


Citeste mai mult

Moerdijk Live Xperience features massive equipment auction, mini tradeshow, expert panel discussion and moreWith more deliveries of equipment and trucks arriving every day, Ritchie Bros. is getting ready for a unique auction event at its site in Moerdijk, The Netherlands. From 10 – 12 October,...


Citeste mai mult