For anybody determine whether to purchase second-hand or brand new forklift, it is a very big decision when confronted with the purchasing cycle. The best thing to do is to figure out the application requirements for the forklift, when trying to decide between the two options. Like for instance, figure out the kind of machine which is needed, how long you intend to keep it and how many hours per year or per week you would utilize it.
Higher priced forklifts would usually hold its value over time. It is good to remember that a lower priced new lift truck may not have the overall ability, value or dependability of a second-hand unit of an expensive model.
When considering whether or not to purchase a brand new or second-hand lift truck, there are 3 aspects of usage that you may want to take note of: utilization, duty cycle and seasonality. If you are thinking of utilizing your lift truck for 4 or more hours a day, it is recommended that you purchase a new model, especially if you would have a high-duty cycle. A high-duty cycle means moving numerous loads per hour which are at or near the capacity truck.
On the other hand, if you expect to use your lift truck for less than 4 hours a day or on an irregular basis, than buying a lower cost brand new unit or a second-hand lift truck may be the right option. Several of the newer units are available at lower costs that are manufactured for lower-duty cycles. Additionally, if you think that you will expect to utilize the forklift only during specific times of year on a seasonal basis, then a rental program or a used lift truck might best alternative available and could potentially save you lots of money.
It is essential to know whether the equipment would be in constant use. This would mean determining the amount of uptime and dependability required for your particular application.