For anybody determine whether to purchase used or brand 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 type of machine that is required, how long you plan to keep it and the number of hours per year or per week you will use it.
Higher priced forklifts would usually hold its value over time. It is good to remember that an inexpensive new forklift might not have the overall value, dependability and capability of a used unit of a higher priced kind.
When considering whether or not to purchase a brand new or used lift truck, there are 3 aspects of usage that you might wish to take note of: seasonality, utilization and duty cycle. If you are thinking of using your lift truck for at least 4 hours per day, it is recommended that you buy a new unit, specially if you will have a high-duty cycle. A high-duty cycle means moving a lot of loads per hour that are at or near the capacity truck.
If you just need your lift truck for around 4 hours a day or on an intermittent basis, an inexpensive brand new model or used forklift might be optimal. Some of the newer units are available at lower costs which are made for lower-duty cycles. Moreover, if you think that you will expect to use the forklift only during particular times of year on a seasonal basis, then a rental program or a second-hand lift truck might best available option and can possibly save you a lot of money.
It is essential to anticipate if the forklift is going to be always used or not. This would mean knowing the amount of uptime and dependability required for your certain application.