When confronted with the purchasing cycle, it is a big decision for anyone to determine whether to buy second-hand or brand new. When it comes to purchasing a lift truck and trying to choose between the two options, the best thing to do is know the application needs for the lift truck. Like for example, figure out the type of machine which is required, how long you plan to keep it and the number of hours per year or per week you will utilize it.
Higher priced forklifts will normally hold its value over time. It is good to know that an inexpensive brand new lift truck may not have the overall ability, value or reliability of a used unit of a higher priced kind.
When considering a purchase of a brand new or used lift truck, there are 3 aspects which you should take heed of: duty cycle, seasonality and utilization. If you are thinking of utilizing your lift truck for at least 4 hours a day, it is recommended that you buy a new unit, particularly 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.
If you just 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. Some of the newer units are available at lower costs that are manufactured for lower-duty cycles. Also, if you think that you would expect to use the forklift just during specific times of year on a seasonal basis, then a used lift truck or a rental program might best option available and can potentially save you a lot of money.
It is important to anticipate if the lift truck is going to be always used or not. This will mean knowing the amount of uptime and dependability needed for your certain application.