For anybody determine whether to purchase used or brand new forklift, it is a really big decision when confronted with the purchasing cycle. The best thing to do is to know the application needs for the lift truck, when trying to choose between the two options. Like for example, know the type of machinery that is required, the number of hours per week or per year you will utilize it and how long you plan to keep it.
Higher priced forklifts will typically hold its value over time. It is good to know that a lower priced brand new lift truck might not have the overall dependability, ability or value of a used unit of an expensive model.
When deciding whether or not to buy a new or second-hand lift truck, there are 3 aspects of usage which you might want to take note of: duty cycle, seasonality and utilization. If you are thinking of utilizing your lift truck for at least 4 hours a day, it is recommended that you buy a new unit, especially if you will have a high-duty cycle. A high-duty cycle means moving numerous loads per hour which are at or near the capacity truck.
Nonetheless, if you expect to utilize your lift truck for less than 4 hours per day or on an irregular basis, than purchasing an inexpensive brand new unit or a used forklift may be the best alternative. Several of the newer units are available at lower costs which are made for lower-duty cycles. Also, if you think that you would expect to use the forklift only during specific times of year on a seasonal basis, then a second-hand lift truck or a rental program may best option available and can potentially save you lots of money.
It is vital to know whether the equipment will be always used. This will mean knowing the amount of uptime and dependability needed for your certain application.