When confronted with the purchasing cycle, it is a big decision for anybody to choose whether to purchase used or brand new. When it comes to buying a forklift and trying to choose between the two options, the best thing to do is figure out the application requirements for the lift truck. Like for instance, know the type of machinery that is required, how long you plan to keep it and the number of hours per week or per year you will utilize it.
Expensive forklifts would typically hold its value over time. It is good to know that an inexpensive new lift truck might not have the overall value, dependability and ability of a second-hand unit of a higher priced model.
When considering a purchase of a new or used lift truck, there are 3 aspects that you should take heed of: duty cycle, seasonality and utilization. If you are thinking of utilizing your lift truck for 4 or more hours per day, it is better that you buy a brand new unit, specially if you will have a high-duty cycle. A high-duty cycle means moving many loads per hour which are at or near the capacity truck.
If you only need your lift truck for approximately 4 hours per day or on an irregular basis, a lower cost new model or second-hand lift truck might be optimal. Several of the newer models are available at lower costs which are made for lower-duty cycles. As well, if you think that you will expect to use the forklift only during particular times of year on a seasonal basis, then a rental program or a used lift truck might best available option and can possibly save you a lot of money.
It is essential to know whether the machine will be always used. This will mean determining the amount of uptime and dependability needed for your particular application.