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 forklift, when trying to choose between the two options. Like for example, know the kind of machine which is needed, how long you intend to keep it and how many hours per year or per week you will utilize it.
Expensive forklifts would typically hold its value over time. It is good to remember that an inexpensive brand new forklift may not have the overall capability, value or dependability of a used unit of a higher priced model.
When deciding whether or not to purchase a 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 using your lift truck for at least 4 hours a day, it is better that you buy a brand new unit, particularly 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 only need your lift truck for roughly 4 hours per day or on an irregular basis, an inexpensive new unit or second-hand forklift might be optimal. Several of the newer models are available at lower costs that are made for lower-duty cycles. Also, if you think that you would expect to use the forklift just during specific times of year on a seasonal basis, then a second-hand lift truck or a rental program might best alternative available and could possibly save you lots of money.
It is essential to know whether the machinery would be always used. This would mean knowing the amount of uptime and dependability needed for your particular application.