When confronted with the purchasing cycle, it is a huge decision for anybody to choose whether to buy second-hand or new. In terms of buying a forklift and trying to choose between the two options, the best thing to do is know the application requirements for the lift truck. Like for example, figure out the kind of machinery that is needed, how long you intend to keep it and the number of hours per week or per year you would utilize it.
Typically, an expensive forklift will hold its value longer over time. It is good to know that an inexpensive new lift truck might not have the overall value, dependability and ability of a second-hand unit of an expensive type.
When considering whether or not to buy a brand new or used lift truck, there are 3 aspects of usage which you might want to take note of: duty cycle, seasonality and utilization. If you are thinking of using your lift truck for 4 or more hours per day, it is recommended that you buy a brand new unit, particularly if you will have a high-duty cycle. A high-duty cycle means moving many loads per hour which are near or at the capacity truck.
However, if you expect to utilize your lift truck for less than 4 hours a day or on an irregular basis, than buying an inexpensive brand new model or a second-hand lift truck may be the right option. Some of the newer units are available at lower costs that are manufactured for lower-duty cycles. Furthermore, if you think that you would expect to utilize the forklift just during particular times of year on a seasonal basis, then a rental program or a used lift truck may best available choice and could potentially save you lots of money.
It is vital to know whether the machinery will be always used. This will mean determining the amount of uptime and dependability needed for your certain application.