When confronted with the purchasing cycle, it is a huge decision for anybody to determine whether to buy used or new. When it comes to buying a lift truck and trying to choose between the two options, the best thing to do is know the application needs for the lift truck. For example, figure out the type of machine which is needed, the number of hours per week or per year you would utilize it and how long you plan to keep it.
Expensive forklifts will typically hold its value over time. It is good to remember that an inexpensive brand new forklift might not have the overall dependability, capability or value of a used unit of a higher priced kind.
When considering a purchase of a new or used lift truck, there are 3 aspects which you should take heed of: seasonality, utilization and duty cycle. If you are thinking of using your lift truck for 4 or more hours per day, it is better that you purchase a brand new model, specially if you would have a high-duty cycle. A high-duty cycle means moving numerous loads per hour which are at or near the capacity truck.
If you just need your lift truck for about 4 hours a day or on an intermittent basis, an inexpensive brand new unit or used forklift may be optimal. Some of the newer units are available at lower costs which are manufactured for lower-duty cycles. Additionally, if you think that you will expect to utilize the forklift only during specific times of year on a seasonal basis, then a second-hand lift truck or a rental program may best alternative available and can possibly save you lots of money.
It is essential to know whether the equipment would be always used. This will mean knowing the amount of uptime and dependability required for your certain application.