How Long Do You Typically Keep Equipment Before Selling?

Easton Morgan

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hi,
How long do you typically keep a piece of heavy equipment before deciding to sell or trade it in? For example, I have a machine in my fleet that's getting up there in hours, and I'm debating whether it's smarter to keep maintaining it or sell while it still has strong resale value. Do you usually base the decision on hours, repair costs, age, or overall reliability?
 
Usually it comes down to reliability, downtime, and whether repair costs are starting to eat into profits. If a machine still starts every morning, stays productive, and maintenance costs are predictable, many people keep running it.
 
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