Preventative maintenance is one of the best things you can do for your equipment because it helps to keep it in good shape. Many businesses take the proactive approach by prioritizing heavy equipment preventative maintenance for its benefits, such as improving equipment availability and reducing expenses. Below are some of the top advantages of preventative maintenance on heavy equipment.
Heavy equipment that breaks down or fails unexpectedly will require repairs or may need to be replaced, resulting in unexpected expenses that can quickly add up. While even the best built equipment will eventually require repairs, you can significantly reduce the risk with preventative maintenance.
When preventative maintenance isn't a priority, there's a greater chance to experience un-timely and costly repairs. Implementing a preventative maintenance plan can help you save over time and keep your project on schedule and within budget by. Not having to pay for unexpected, costly repairs could enable you to invest in other business needs or equipment upgrades.
Preventative maintenance can help reduce your risk of compound failures, otherwise known as small issues that become major. Having your Cat equipment serviced by certified technicians at your local dealer regularly can provide opportunities to identify something that could potentially become catastrophic for your machine.
Routine maintenance for your Cat equipment can help keep it in the best condition so it can last for years without unexpected failures that require major repairs. Heavy equipment that undergoes regular maintenance and repairs typically lasts longer than equipment that's not serviced or maintained regularly. Investing in preventative maintenance can help maximize the value built into your Cat equipment by reducing downtime and improving productivity.
Preventative maintenance can also be used to identify equipment features that can be upgraded to increase safety and productivity on the job site.
Unplanned equipment breakdowns and repairs can cost your business in multiple ways, including:
Improve customer service: Your business's reputation is essential to your bottom line. Customers expect quality, consistency and reliability, which is often influenced by working equipment. Preventative maintenance helps ensure your machinery stays operational so you can stay on schedule and within budget.
Investing in preventative maintenance by allocating part of your budget can be very beneficial for your business. You have options when it comes to paying for preventative maintenance.
Pay in full - While this may be a convenient option for some businesses, paying for preventative maintenance in one transaction can impact your available capital especially for smaller companies.
Package it with your Cat machine - For simplified budgeting, you can include your Customer Value Agreement (CVA) with your equipment loan or lease for one monthly payment. Below, you can learn more about the benefits CVAs can present to your business.
Cat® Card - A convenient alternative to paying with cash, the Cat Card can be used to pay for preventative maintenance. Apply for a Cat Card in just a few minutes take advantage of the many account holder benefits and use it to pay for maintenance, parts, rebuilds and more. Terms and conditions apply.
The Cat CVA by Cat Financial was developed specifically for Cat customers to make owning and maintaining your Cat equipment a breeze. The Cat CVA by Cat Financial provides you with a personalized preventative maintenance parts kit featuring everything you need to keep your machine running at peak performance:
Manage costs by locking in your preventative maintenance costs for the length of your contract.
The right genuine Cat parts delivered in 500-hour intervals through the life of your CVA and backed by the standard Caterpillar parts warranty.
Cat filters capture harmful particles and keep systems clean and Cat fluids* lubricate critical components to protect system performance.
Cat® Equipment Management subscription with a dedicated team monitoring machine hours and location. Cat digital services also make it easy for you to monitor your machine location, hours and fuel level from your desktop or mobile device.
Routine S•O•SSM** and analysis helps minimize operating costs and extend the lifespan of machine components.
Inspect your way to better productivity with Cat Inspect. It's simple to set up, easy to use and integrates with your other Cat data systems.
Free delivery to your preferred location.
And much more.
*only included with Cat CVA inclusive of labor - available to upgrade at time of purchase or time of service
**contact your local dealer for availability of Cat CVA agreements with S•O•S is not included with every CVA. Contact your local cat dealer to learn more about CVAs with S•O•S.
Available for new or used Cat machines, you can easily add a CVA at the point of sale or when it makes sense for your business. You can also add Equipment Protection Plan (EPP) to get coverage beyond the standard machine warranty; another way to help you save money and extend the life of your equipment.
Preventative maintenance is critical to extending the life of your equipment, meaning it needs to be performed regularly. Taking advantage of the preventative maintenance options available could save your business money in the long run. If you want to extend the life of your equipment, reduce downtime, and save money, a Cat CVA by Cat Financial can help.