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Hitachi wheel loader buy-back scheme

A UK-based operational contract management and plant hire services company has purchased two 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, was 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,” said 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”

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. “So far, the machines have proved reliable and any minor points that have arisen have been sorted quickly by HCMUK,” he added. “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.”

The Hitachi buy-back scheme applies to ZW150-6 to ZW550-6 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. For more information, click here.

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