For anyone determine whether to purchase used or new lift truck, it is a really big decision when confronted with the purchasing cycle. The best thing to do is to figure out the application needs for the forklift, when trying to decide between the two options. Like for example, know the kind of equipment which is required, how long you intend 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 know that a lower priced new forklift might not have the overall value, dependability and capability of a used unit of an expensive model.
When considering a purchase of a brand new or second-hand lift truck, there are 3 aspects that you must take heed of: seasonality, utilization and duty cycle. If you are thinking of using your lift truck for at least 4 hours a day, it is recommended that you buy a new model, specially if you would have a high-duty cycle. A high-duty cycle means moving numerous loads per hour that are near or at the capacity truck.
On the other hand, if you expect to utilize your forklift for less than 4 hours a day or on an intermittent basis, than purchasing an inexpensive new unit or a used lift truck may be the best alternative. Several of the newer models are available at lower costs which are made for lower-duty cycles. What's more, if you think that you will expect to use the forklift only during specific times of year on a seasonal basis, then a rental program or a used lift truck might best available choice and could possibly save you a lot of money.
It is essential to anticipate if the forklift is going to be in nearly constant use or not. This will mean determining the amount of uptime and dependability needed for your certain application.