For anybody determine whether to buy second-hand or brand 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 requirements for the lift truck, when trying to choose between the two options. For example, know the kind of equipment that is required, how many hours per year or per week you would utilize it and how long you plan to keep it.
Usually, a higher priced forklift would hold its value longer over time. It is good to remember that an inexpensive new lift truck may not have the overall value, dependability and capability of a used unit of an expensive kind.
When considering a purchase of a new or second-hand lift truck, there are 3 aspects that you must take heed of: utilization, duty cycle and seasonality. If you are thinking of utilizing your lift truck for at least 4 hours per day, it is recommended that you buy a brand new unit, particularly if you would have a high-duty cycle. A high-duty cycle means moving a lot of loads per hour which are at or near the capacity truck.
Nevertheless, if you expect to use your forklift for less than 4 hours per day or on an irregular basis, than buying an inexpensive brand new unit or a used lift truck may be the right option. Some of the newer units are available at lower costs that are made for lower-duty cycles. Also, if you think that you will expect to utilize the forklift just during specific times of year on a seasonal basis, then a rental program or a second-hand lift truck might best alternative available and can 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 needed for your particular application.