When confronted with the purchasing cycle, it is a big decision for anybody to determine 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 figure out the application requirements for the lift truck. Like for example, figure out the type of equipment that is needed, how many hours per year or per week you will use it and how long you intend to keep it.
Higher priced forklifts will normally hold its value over time. It is good to know that a lower priced brand new forklift might not have the overall dependability, ability or value of a second-hand unit of an expensive type.
When deciding whether or not to purchase a brand new or used lift truck, there are 3 aspects of usage which you might want to take note of: seasonality, utilization and duty cycle. If you are thinking of utilizing your lift truck for at least 4 hours a day, it is better that you purchase a new unit, specially if you will have a high-duty cycle. A high-duty cycle means moving numerous loads per hour that are at or near the capacity truck.
If you just need your lift truck for roughly 4 hours a day or on an irregular basis, an inexpensive brand new unit or second-hand forklift might be optimal. Several of the newer units are available at lower costs that are manufactured for lower-duty cycles. Moreover, if you think that you will expect to utilize the forklift just during specific times of year on a seasonal basis, then a used lift truck or a rental program might best available option and could potentially save you lots of money.
It is vital to know whether the equipment will be in constant use. This would mean knowing the amount of uptime and dependability required for your certain application.