should you rent or buy heavy construction equipment?

My husband is a contractor that does all sorts of jobs. There have been times that he has had to turn down a job because he didn't have some of the equipment that he needed to do the job right. Other jobs require that he rents some heavy construction equipment. We have been trying to decide if we should invest in purchasing some of that equipment that he needs or if it is better to continue renting it. Go through our blog to learn about purchasing heavy construction equipment. Here, you will learn the cost of purchasing and maintaining versus renting it.

Should You Buy New Or Used Forklifts? 5 Things To Consider


Do you want to buy a forklift for your business? There are a lot of questions that may arise when buying a forklift, but the first and easiest one is probably the most essential: should you buy used or new forklifts? Below are five important factors to help you get the most out of your buck.

1. Cost

The price is one of the vital factors you should evaluate when you are in the market for forklifts. Generally, new forklifts will take a heavier toll on your pockets than used forklifts. In fact, some second-hand forklifts can be as cheap as half the price of new forklifts. However, the buying price of the forklifts is not the only price aspect you should consider.

You should also consider the operation and maintenance costs. In most cases, used forklifts are more prone to wear and tear. This means you will likely incur higher costs to maintain them than you would with new forklifts.

2. Usage of the Forklifts

It is highly recommended that you buy a new forklift if you intend to use it for more than four hours per day. However, if you won't be using your forklifts frequently, you would be better off with used ones. You can also seek the guidance of a reliable forklift dealer to make a sound decision.

3. Your Operational Needs

If you have special operational requirements, you will need to go for a forklift that can meet your specific needs. For example, if you need to lift products as high as 25-foot, it can be hard to find used forklifts that can lift such heights. Therefore, you might need to order a customized one or check the forklift in the new forklifts market.

4. The Urgency

If you urgently need forklifts for a specific operation, your best chance is to go for used forklifts. Used forklifts are easier to acquire and are easily accessible. You could even get them within a few hours. On the other hand, shipping of new forklifts can take weeks before they are shipped from the manufacturer to your local dealer and finally to your warehouse. This may greatly inconvenience your urgent operational needs.

5. Peace of Mind

If you want maximum productivity, reliability, and low maintenance costs, you should consider getting new forklifts. These have no prior wear and tear. And if they break down, their warranty will take care of everything.

However, if you won't be using the forklifts full-time and are willing to take the risk, go for a used forklift. To avoid making costly mistakes, be sure to check their maintenance log and service hours.

Still not decided? Well, you can consult our certified forklift experts to get further guidance on the best forklifts for your specific needs. You can always find quality used or new forklifts that guarantee efficiency, reliability, and utmost driving comfort. Visit your local dealer and seek professional guidance to choose the ideal forklift.

For more information on used or new forklifts, contact a company near you.


6 January 2022