For anybody determine whether to buy second-hand or 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 needs for the lift truck, when trying to decide between the two options. For instance, know the kind of machinery which is needed, the number of hours per week or per year you will utilize it and how long you plan to keep it.
Higher priced forklifts would usually hold its value over time. It is good to remember that an inexpensive brand new forklift may not have the overall value, reliability and capability of a used unit of a higher priced type.
When deciding whether or not to purchase a brand new or used lift truck, there are 3 aspects of usage that you might wish to take note of: duty cycle, seasonality and utilization. If you are thinking of utilizing your lift truck for at least 4 hours per day, it is recommended that you buy a brand new unit, especially if you would have a high-duty cycle. A high-duty cycle means moving lots of loads per hour which are near or at the capacity truck.
If you only need your lift truck for about 4 hours a day or on an intermittent basis, a lower cost new unit or used forklift might 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 utilize the forklift just during specific times of year on a seasonal basis, then a second-hand lift truck or a rental program may best alternative available and could potentially save you a lot of money.
It is vital to know whether the machine would be always used. This will mean knowing the amount of uptime and dependability needed for your particular application.