For anyone determine whether to buy 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 know the application needs for the lift truck, when trying to decide between the two options. Like for instance, know the type of machine which is needed, how long you plan to keep it and how many hours per week or per year you will utilize it.
Higher priced forklifts would typically hold its value over time. It is good to know that a lower priced 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 brand new or used lift truck, there are 3 aspects which you must take heed of: seasonality, utilization and duty cycle. If you are thinking of utilizing your lift truck for 4 or more hours a day, it is recommended that you purchase a brand new model, particularly if you would have a high-duty cycle. A high-duty cycle means moving numerous loads per hour that are at or near the capacity truck.
If you only need your lift truck for about 4 hours per day or on an irregular basis, a lower cost brand new model or used lift truck may be optimal. Some of the newer models are available at lower costs which are made for lower-duty cycles. As well, if you think that you would expect to use the forklift only during specific times of year on a seasonal basis, then a second-hand lift truck or a rental program might best available alternative and could possibly save you lots of money.
It is vital to anticipate if the lift truck is going to be always used or not. This will mean determining the amount of uptime and dependability required for your particular application.