For anybody determine whether to buy used or new lift truck, 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 lift truck, when trying to choose between the two options. Like for example, know the kind of machine that is needed, how many hours per week or per year you would utilize it and how long you plan to keep it.
Expensive forklifts would usually hold its value over time. It is good to know that a lower priced brand new forklift may not have the overall value, reliability and capability of a second-hand unit of an expensive type.
When considering a purchase of a new or second-hand lift truck, there are 3 aspects that you should take heed of: seasonality, utilization and duty cycle. If you are thinking of using your lift truck for 4 or more hours a day, it is better that you buy a new model, particularly if you will have a high-duty cycle. A high-duty cycle means moving numerous loads per hour which are near or at the capacity truck.
If you just need your lift truck for approximately 4 hours per day or on an intermittent basis, a lower cost brand new model or used lift truck might 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 would expect to utilize the forklift only during specific times of year on a seasonal basis, then a used lift truck or a rental program may best choice available and can possibly save you a lot of money.
It is essential to anticipate if the lift truck is going to be always used or not. This would mean determining the amount of uptime and dependability required for your particular application.