For anyone determine whether to purchase second-hand or brand new forklift, it is a really big decision when confronted with the purchasing cycle. The best thing to do is to know the application needs for the forklift, when trying to decide between the two options. Like for instance, know the type of machine that is required, how many hours per week or per year you would utilize it and how long you plan to keep it.
Expensive forklifts would normally hold its value over time. It is good to remember that an inexpensive new lift truck might not have the overall value, dependability and ability of a used unit of a higher priced kind.
When considering a purchase of a new or second-hand 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 brand new unit, particularly if you would have a high-duty cycle. A high-duty cycle means moving many loads per hour which are near or at the capacity truck.
If you just need your lift truck for about 4 hours per day or on an irregular basis, an inexpensive brand new unit or used lift truck may be optimal. Some of the newer models are available at lower costs that are manufactured for lower-duty cycles. Also, if you think that you would expect to utilize the forklift only during specific times of year on a seasonal basis, then a rental program or a used lift truck might best available alternative and can possibly save you a lot of money.
It is essential to anticipate if the forklift is going to be in nearly constant use or not. This will mean determining the amount of uptime and dependability required for your certain application.