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 forklift, when trying to choose between the two options. Like for instance, know the type of machinery that is required, the number of hours per year or per week you would use it and how long you plan to keep it.
Higher priced forklifts will normally hold its value over time. It is good to remember that an inexpensive brand new forklift might not have the overall ability, value or dependability of a second-hand unit of an expensive type.
When deciding whether or not to buy a new or second-hand lift truck, there are 3 aspects of usage which you may wish to take note of: utilization, duty cycle and seasonality. If you are thinking of utilizing your lift truck for 4 or more hours per day, it is recommended that you purchase a new model, particularly if you would have a high-duty cycle. A high-duty cycle means moving many loads per hour which are at or near the capacity truck.
If you just need your lift truck for about 4 hours per day or on an irregular basis, a lower cost new unit or second-hand forklift might be optimal. Several of the newer units are available at lower costs that are manufactured 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 used lift truck or a rental program might best choice available and can possibly save you a lot of money.
It is essential to know whether the machine will be in constant use. This will mean knowing the amount of uptime and dependability needed for your certain application.