For anyone determine whether to purchase second-hand or brand new lift truck, 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. Like for instance, figure out the kind of machinery which is required, how long you intend to keep it and the number of hours per year or per week you would utilize it.
Normally, an expensive forklift would hold its value longer over time. It is good to know that an inexpensive new lift truck may not have the overall value, dependability and capability of a second-hand unit of a higher priced kind.
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: duty cycle, seasonality and utilization. If you are thinking of using your lift truck for 4 or more hours a day, it is recommended that you buy a brand new unit, particularly if you would have a high-duty cycle. A high-duty cycle means moving a lot of loads per hour which are at or near the capacity truck.
Nevertheless, if you expect to use your forklift for less than 4 hours per day or on an intermittent basis, than purchasing a lower cost new model or a used forklift might be the best alternative. Some of the newer models are available at lower costs that are made for lower-duty cycles. Furthermore, if you think that you would expect to utilize the forklift only during particular times of year on a seasonal basis, then a rental program or a used lift truck might best available choice and can potentially save you lots of money.
It is vital to anticipate if the lift truck is going to be in nearly constant use or not. This will mean knowing the amount of uptime and dependability needed for your certain application.