For anybody determine whether to purchase used or new lift truck, it is a very big decision when confronted with the purchasing cycle. The best thing to do is to know the application requirements for the forklift, when trying to decide between the two options. Like for instance, know the kind of equipment that is needed, how long you plan to keep it and the number of hours per year or per week you will utilize it.
Normally, an expensive forklift will hold its value longer over time. It is good to remember that an inexpensive brand new forklift may not have the overall reliability, ability or value of a used unit of a higher priced kind.
When considering a purchase of a new or used lift truck, there are 3 aspects that you must 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 purchase a new model, especially if you would have a high-duty cycle. A high-duty cycle means moving a lot of loads per hour which are near or at the capacity truck.
If you only need your lift truck for roughly 4 hours a day or on an irregular basis, an inexpensive brand new model or second-hand lift truck may be optimal. Several of the newer units are available at lower costs that are manufactured for lower-duty cycles. Furthermore, if you think that you would expect to utilize the forklift just during particular times of year on a seasonal basis, then a rental program or a used lift truck may best available alternative and can possibly save you lots of money.
It is essential to know whether the machinery would be always used. This would mean determining the amount of uptime and dependability needed for your particular application.