When confronted with the purchasing cycle, it is a big decision for anyone to determine whether to purchase second-hand or brand new. When it comes to purchasing a lift truck and trying to decide between the two options, the best thing to do is figure out the application requirements for the lift truck. Like for example, know the kind of machinery that is required, how long you plan to keep it and how many hours per week or per year you would utilize it.
Typically, a higher priced forklift will hold its value longer over time. It is good to remember that a lower priced brand new lift truck might not have the overall reliability, ability or value of a second-hand unit of an expensive model.
When considering a purchase of a brand new or used lift truck, there are 3 aspects that you must take heed of: utilization, duty cycle and seasonality. If you are thinking of utilizing your lift truck for at least 4 hours a day, it is recommended that you buy a brand new unit, particularly if you would have a high-duty cycle. A high-duty cycle means moving many loads per hour which are near or at the capacity truck.
If you only need your lift truck for around 4 hours a day or on an irregular basis, an inexpensive brand new model or used lift truck might be optimal. Several of the newer units are available at lower costs that are made for lower-duty cycles. In addition, if you think that you will expect to use the forklift just during specific times of year on a seasonal basis, then a used lift truck or a rental program may best alternative available and could potentially save you lots of money.
It is essential to know whether the equipment will be in constant use. This will mean determining the amount of uptime and dependability needed for your certain application.