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There was a joke that went "The only thing that holds its resale value better than electronics test equipment is a diesel electric locomotive." I'm not sure how
by ChuckMcM 4y ago
There was a joke that went "The only thing that holds its resale value better than electronics test equipment is a diesel electric locomotive." I'm not sure how true that is but the commonality is that they can be maintained to do the same job they were designed to do, as well as they did it when they were sold. The only reason they go down in value is because the jobs aren't there for them any more.
Interestingly the evolution of chips has been much harder on "old" test equipment as equivalents can be made one, two, and sometimes three orders of magnitude more cheaply. As a result a "new" thing which has the same capability but usually takes up much less space and power, can do the job of the "old" thing just as well, and then the old thing loses its value.
- bobthepanda 4y agoEh, they can certainly go down. Newer diesel locos meet more stringent emissions standards and consume less fuel, and the cost of diesel fuel is pretty expensive.
- flyinghamster 4y agoIn a way, EMD was a victim of its success; one of their biggest competitors became rebuilt EMD locos. Ultimately, several years after GM unloaded it on a private equity firm, it was sold to Caterpillar-owned Progress Rail, a company that made its name as one such rebuilder.