Should You Buy A New Or Used Forklift For Your Facility?

April 15, 2021

Category: Electric forklift solution,

Making a decision to buy an electric forklift truck for your facility? There is a lot to consider, and a good starting point is deciding whether your facility would benefit more from a new model, or a used one. There is no right or wrong answer in this regard, since your decision should be based on the needs and abilities of your operations and facility.

So, let’s go over a few key points to help you make the best decision for your needs:

THE OVERALL COST OF INVESTMENT

It goes without saying that the overall cost of investment is lower when purchasing used electric forklift trucks instead of new ones. The amount that you are willing to put down will affect this decision greatly, of course, but should also be determined by several other factors.

LONG & SHORT-TERM NEEDS

If you are looking to use the forklift truck over a longer period of time, it is generally worth your while to opt for a new forklift, since it will offer better reliability than a used one. For shorter-term needs, however, a used vehicle might offer more value for how you intend on using it.

RELIABILITY & SAFETY

With used equipment, safety and reliability are a concern you need to address. That is not to say that a used machine is any less safe or reliable, but you need to make sure that related parts are up to the job, are in good condition, and will remain that way for a long time.

If you are buying second-hand, make sure that it is in acceptable quality, has been properly maintained, or has been refurbished correctly.

THE LONG-TERM COST OF RUNNING OLD EQUIPMENT

Older equipment generally works less efficiently than newer ones. This means that buying second hand might be cheaper in the short-term, but in the long-run can actually cost you more on resources, maintenance, and repairs.

CONTACT ORIZEN FOR DETAILS

If you would like to know more about our offers on lithium-ion battery operated forklift trucks and equipment, be sure to visit the Orizen website for details.