New Vs Used Forklift: Which one should you buy?

October 29, 2020

New Vs Used Forklift: Which one should you buy?

Material handling is part of your operations, and you need to invest in a heavy-duty forklift. Time and again you have decided but could not finally make it. The result is you resort to other ways of moving materials which are very tiresome and incur huge labor cost. You know that the only answer to this is getting the heavy-duty lifting machine soon but somehow it does not fit your budget.

There are, in fact, other alternatives. You could decide on a refurbished forklift with high power for material handling. The question is should you go for a used forklift or opt for a brand new one? Both remanufactured forklifts and new ones have their own benefits. The only thing you need to know is what is best for you. Also, if you are buying a remanufactured forklift, you need to be extra cautious about the quality of the machine and parts that have been used in it.

Why buy a new Forklift

  • If your material handling operations extend beyond four hours a day, it is better to invest in a new forklift. This is because the remanufactured ones are normally put on sale due to some defects or other reason. Sometimes, these defects are hard to detect, and the machine does not work properly unless repaired or refurbished.
  • Secondly, the previous owners may have used it for a considerable period before letting it go. So, the build quality of the machine is not as good as that of a new machine.
  • Thirdly, the refurbished machines require frequent maintenance and hence the maintenance cost becomes higher, which in the long run, becomes almost equal to investing in a new machine.
  • The fuel consumption of the remanufactured forklift is higher as compared to the new machine. If you add up the fuel costs, you will find there is hardly any saving worth the hassles.
  • The longevity of the machine varies. While a new forklift can be used for around twenty-five years easily, the remanufactured one normally lasts a decade or a little more depending on the use and maintenance.
  • Sixth, If you are buying a new machine, you have more flexibility to check the inventory and buy one that is compact and has adjustable parts that suit all your needs. In remanufactured ones, you get the older models that may not be so flexible, and you may not have a wide choice on the attachment parts.

Why buy a remanufactured forklift

After all, has been said and done, it is sometimes prudent to stick to the remanufactured forklift for several reasons.

  • Though you may be able to accommodate the fuel and maintenance expenses gradually, shelling out a huge sum for a new machine may be beyond your reach.
  • When it comes to maintaining a pre-owned forklift, you can turn to the used parts market. For instance, a used forklift transmission can be purchased at a fraction of the sticker price without compromising the functionality and performance.
  • If you operate for four hours or less, the remanufactured forklift will perfectly suit your needs.
  • You may be a start-up going on small investment at first and after a decade or so of running your business, you may be able to afford a new forklift that suits your requirement.

Conclusion

Assess your capacity and the requirement for the machine and then make a prudent decision. However, if you have decided to buy a remanufactured forklift, you must get grips with the potential issues that may arise, so that you can take preventative measures to avoid huge repair expenses.

 

Carlos Diaz
I believe in making the impossible possible because there’s no fun in giving up. Travel, design, fashion and current trends in the field of industrial construction are topics that I enjoy writing about.

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Posts
April 16, 2024
How to Revamp Your Patio Space for Summer Outdoor Entertainment

  Outdoor entertainment is popular among American homeowners, specifically during spring and summer. According to a recent article published in Forbes, modern outdoor living spaces go beyond centers to true outdoor rooms. New products and ideas such as fire pits, pizza ovens, outdoor movies, and games are enhancing the outdoor ‘gathering story’. Statistics show that […]

Read More
April 16, 2024
Spotify Premium APK: Compatibility with Different Devices

In the ever-evolving world of music streaming, Spotify stands out as a behemoth. Its vast library, personalized playlists, and user-friendly interface make it a favorite among music lovers worldwide. While the free version offers a plethora of features, the Premium version elevates the listening experience to new heights with ad-free music, offline listening, and improved […]

Read More
April 16, 2024
The Investor's Toolkit: When to Use Hard Money Loans for Maximum Advantage

Real estate investing is a multifaceted venture where success often hinges on the ability to make swift, informed decisions—especially when it comes to financing. Hard money loans stand out as a pivotal tool in an investor's toolkit, offering the speed and flexibility needed to capitalize on unique opportunities. This post delves into strategic advice on […]

Read More
Welcome to Urban Splatter, the blog about eccentric luxury real estate and celebrity houses for the inquisitive fans interested in lifestyle and design. Also find the latest architecture, construction, home improvement and travel posts.
© 2022 UrbanSplatter.com, All Rights Reserved.
linkedin facebook pinterest youtube rss twitter instagram facebook-blank rss-blank linkedin-blank pinterest youtube twitter instagram