When confronted with the purchasing cycle, it is a huge decision for anyone to choose whether to buy second-hand or brand new. In terms of buying a lift truck and trying to decide between the two options, the best thing to do is know the application needs for the lift truck. Like for example, know the type of machinery which is required, the number of hours per week or per year you would utilize it and how long you intend to keep it.
Typically, an expensive forklift will hold its value longer over time. It is good to remember that an inexpensive new forklift may not have the overall capability, value or dependability of a second-hand unit of a higher priced type.
When considering whether or not to buy a brand new or used 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 using your lift truck for at least 4 hours a day, it is better that you purchase a brand new model, specially if you would have a high-duty cycle. A high-duty cycle means moving many loads per hour that are at or near the capacity truck.
If you just need your lift truck for approximately 4 hours per day or on an irregular basis, an inexpensive new unit or second-hand forklift may be optimal. Several of the newer models are available at lower costs that are manufactured for lower-duty cycles. Additionally, if you think that you will expect to use the forklift just during particular times of year on a seasonal basis, then a used lift truck or a rental program might best available option and can potentially save you a lot of money.
It is vital to know whether the machinery would be in constant use. This will mean determining the amount of uptime and dependability needed for your particular application.