For anyone determine whether to buy used or brand new forklift, it is a very big decision when confronted with the purchasing cycle. The best thing to do is to figure out the application requirements for the lift truck, when trying to choose between the two options. For instance, know the type of machine that is needed, how long you intend to keep it and the number of hours per week or per year you would utilize it.
Expensive forklifts would typically hold its value over time. It is good to remember that a lower priced brand new forklift may not have the overall dependability, ability or value of a second-hand unit of an expensive type.
When deciding whether or not to purchase a brand new or second-hand lift truck, there are 3 aspects of usage which you might wish to take note of: duty cycle, seasonality and utilization. If you are thinking of utilizing your lift truck for 4 or more hours per day, it is recommended that you buy a brand new model, specially if you will have a high-duty cycle. A high-duty cycle means moving a lot of loads per hour that are at or near the capacity truck.
Nevertheless, if you expect to use your lift truck for less than 4 hours per day or on an intermittent basis, than buying an inexpensive brand new model or a second-hand forklift may be the right option. Several of the newer units are available at lower costs that are manufactured for lower-duty cycles. As well, if you think that you will expect to utilize the forklift only during particular times of year on a seasonal basis, then a second-hand lift truck or a rental program may best available alternative and could potentially save you lots of money.
It is essential to anticipate if the lift truck is going to be always used or not. This would mean determining the amount of uptime and dependability needed for your particular application.