When confronted with the purchasing cycle, it is a huge decision for anyone to choose whether to buy used or brand new. When it comes to buying a lift truck and trying to decide between the two options, the best thing to do is know the application needs for the lift truck. For example, know the type of equipment which is required, the number of hours per week or per year you will use it and how long you intend to keep it.
Normally, a higher priced forklift would hold its value longer over time. It is good to remember that an inexpensive new forklift might not have the overall dependability, capability or value of a used unit of a higher priced kind.
When considering a purchase of a brand new or second-hand lift truck, there are 3 aspects that you must take heed of: duty cycle, seasonality and utilization. If you are thinking of using your lift truck for at least 4 hours per day, it is better that you purchase a new unit, particularly 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 just need your lift truck for around 4 hours a day or on an irregular basis, an inexpensive brand new model or used lift truck may be optimal. Several of the newer units are available at lower costs that are made for lower-duty cycles. Moreover, 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 choice available and can potentially save you a lot of money.
It is essential to anticipate if the forklift is going to be always used or not. This would mean knowing the amount of uptime and dependability required for your certain application.