For anyone determine whether to buy used or brand new forklift, it is a very big decision when confronted with the purchasing cycle. The best thing to do is to figure out the application needs for the forklift, when trying to choose between the two options. Like for example, know the kind of machinery that is needed, how long you intend to keep it and the number of hours per year or per week you would use it.
Expensive forklifts will usually hold its value over time. It is good to know that a lower priced new lift truck may not have the overall dependability, ability or value of a used unit of a higher priced kind.
When considering a purchase of a brand new or second-hand lift truck, there are 3 aspects that you must take heed of: seasonality, utilization and duty cycle. If you are thinking of utilizing your lift truck for 4 or more hours a day, it is better that you buy a new model, specially if you would have a high-duty cycle. A high-duty cycle means moving numerous loads per hour which are at or near the capacity truck.
If you just need your lift truck for roughly 4 hours a 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 which are manufactured for lower-duty cycles. What's more, if you think that you would expect to utilize the forklift just during specific times of year on a seasonal basis, then a second-hand lift truck or a rental program might best available option and can potentially save you lots of money.
It is essential to anticipate if the lift truck is going to be in nearly constant use or not. This would mean determining the amount of uptime and dependability required for your particular application.