Understanding the Pros and Cons of a Used Lift Truck

A lift truck, also referred to as a forklift, is a vital piece of machinery in material handling, construction, and warehousing operations. They make work processes easier, faster, and more efficient. However, buying a brand new lift truck might not be financially feasible for all businesses, especially for small-scale operations. This is where a used lift truck comes as a viable alternative. Moreover, an option is also available of forklift hire Newcastle for those unable or uninterested in making a purchase, ensuring minimized cost while maximizing the utility.

Purchasing used lift trucks offers numerous benefits. For one, it significantly reduces the initial investment. Brand new lift trucks can be costly, and going for a used one can save a considerable amount of money. Even then, it is important to ensure that the truck is in perfect working condition and can perform the tasks expected from it. Another advantage of used lift trucks is that they are readily available. You don’t have to wait for the manufacturer to produce or ship the lift truck; you can get it when you need it. This factor is beneficial in times of unexpected equipment failure where a replacement is needed urgently.

In addition to this, it’s worth noting that the depreciation value for used lift trucks is less compared to new ones. The moment a brand-new lift truck leaves the showroom, it depreciates rapidly. In contrast, a used forklift maintains its value over time, provided it is kept in good working condition. This means that buying a used lift truck can also provide a better return on investment.

Factors to Consider When Buying Used Lift Trucks

There are certain factors to bear in mind when you consider buying a used lift truck. One of such factors is the condition of the truck. It is recommended to have an expert inspect the truck for any defects or issues to ensure safety and productivity. Moreover, you should check the truck’s service history which includes details about the truck’s previous use, repair, maintenance, and any accidents it might have been involved in.

The second important factor is the specification of the used lift truck. This refers to the load capacity, lift height, and type of fuel. The lift truck you choose must be suitable for the kind of work you will be using it for. If your business requires you to move heavy loads, a lift truck with a greater load capacity would be a better choice. Similarly, if your warehouse has high shelves, a truck with a higher lift height is essential. When it comes to fuel type, you have to choose between electric, diesel, or gas, depending on your operational environment and needs.

Consider Forklift Hire Newcastle

If buying a used lift truck is not the best option for your operation, consider the possibility of forklift hire. Particularly in the Newcastle area, several companies offer lift trucks for hire at reasonable rates. This option allows you to have access to a functional lift truck without the financial burden of ownership, including maintenance and repair.

Whether you decide to buy a used lift truck or go for forklift hire Newcastle, it is vital to understand your needs, operational environment, and budget constraints. This understanding will enable you to make a decision that’s best tailored for your business objectives, thereby making the most wholesome and economical decision.