For anybody determine whether to buy second-hand or new lift truck, it is a very 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 decide between the two options. Like for instance, know the kind of machine that is needed, how long you plan to keep it and the number of hours per year or per week you will utilize it.
Higher priced forklifts would normally hold its value over time. It is good to know that an inexpensive new lift truck may not have the overall dependability, ability or value of a second-hand unit of an expensive kind.
When considering a purchase of a new or used lift truck, there are 3 aspects that you should take heed of: duty cycle, seasonality and utilization. If you are thinking of using your lift truck for at least 4 hours per day, it is better that you buy a brand new unit, especially 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.
If you only need your lift truck for around 4 hours a day or on an irregular basis, an inexpensive new model or second-hand lift truck may be optimal. Several of the newer models are available at lower costs that are manufactured for lower-duty cycles. Furthermore, if you think that you would expect to utilize the forklift just during particular times of year on a seasonal basis, then a rental program or a second-hand lift truck might best available alternative and can possibly save you lots of money.
It is vital to anticipate if the forklift is going to be in nearly constant use or not. This would mean determining the amount of uptime and dependability needed for your certain application.