When confronted with the purchasing cycle, it is a huge decision for anybody to choose whether to buy second-hand or new. When it comes to purchasing a lift truck and trying to decide between the two options, the best thing to do is know the application needs for the lift truck. Like for instance, know the kind of machine which is needed, how many hours per year or per week you would utilize it and how long you intend to keep it.
Higher priced forklifts will typically hold its value over time. It is good to know that an inexpensive new forklift may not have the overall value, dependability and ability of a second-hand unit of a higher priced type.
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: utilization, duty cycle and seasonality. If you are thinking of utilizing your lift truck for 4 or more hours per day, it is better that you purchase a brand new model, especially if you would have a high-duty cycle. A high-duty cycle means moving numerous loads per hour which are near or at the capacity truck.
If you only need your lift truck for about 4 hours per day or on an irregular basis, a lower cost new unit or second-hand lift truck may be optimal. Several of the newer models are available at lower costs that are made for lower-duty cycles. In addition, if you think that you would expect to utilize the forklift just during particular times of year on a seasonal basis, then a used lift truck or a rental program might best alternative available and could potentially save you lots of money.
It is essential to know whether the machinery will be always used. This would mean knowing the amount of uptime and dependability needed for your particular application.