For anybody determine whether to purchase used or new forklift, it is a really 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. For example, know the kind of machine which is needed, how many hours per week or per year you would use it and how long you intend to keep it.
Typically, a higher priced forklift will hold its value longer over time. It is good to remember that an inexpensive brand new lift truck might not have the overall value, dependability and capability of a used unit of a higher priced kind.
When deciding whether or not to buy a new or used lift truck, there are 3 aspects of usage which you may want to take note of: utilization, duty cycle and seasonality. If you are thinking of using your lift truck for 4 or more hours per day, it is recommended that you purchase a brand new model, specially if you will have a high-duty cycle. A high-duty cycle means moving numerous loads per hour which are near or at the capacity truck.
If you only need your lift truck for about 4 hours per day or on an irregular basis, an inexpensive new model or used forklift may be optimal. Several of the newer models are available at lower costs that are made for lower-duty cycles. In addition, 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 second-hand lift truck might best available alternative and could possibly save you a lot of money.
It is vital to know whether the equipment would be always used. This would mean determining the amount of uptime and dependability needed for your particular application.