For anybody 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 requirements for the forklift, when trying to choose between the two options. Like for example, know the kind of equipment that is required, how long you intend to keep it and the number of hours per year or per week you will use it.
Expensive forklifts will usually hold its value over time. It is good to remember that a lower priced new forklift may not have the overall reliability, ability or value of a second-hand unit of an expensive kind.
When considering a purchase of a new or second-hand lift truck, there are 3 aspects which you should take heed of: utilization, duty cycle and seasonality. If you are thinking of utilizing your lift truck for at least 4 hours per day, it is better that you purchase a brand new model, particularly if you will have a high-duty cycle. A high-duty cycle means moving numerous loads per hour that are near or at the capacity truck.
If you only need your lift truck for around 4 hours a day or on an intermittent basis, an inexpensive new unit or used lift truck may be optimal. Several of the newer units are available at lower costs that are manufactured for lower-duty cycles. Furthermore, if you think that you will expect to utilize the forklift just during particular times of year on a seasonal basis, then a second-hand lift truck or a rental program may best option available and could potentially save you a lot of money.
It is essential to know whether the machinery would be in constant use. This will mean determining the amount of uptime and dependability needed for your particular application.