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What factors are to be considered before buying a used forklift?
Wiki User
∙ 11y ago
A used forklift or lift-truck is the most appropriate choice for one who is tight on finances as they are relatively cheaper than brand new forklifts. The used forklift market is thriving and machines that have been used for a certain period time can be bought for a few thousands of dollars.
Purchasing a second-hand forklift, however, has certain drawbacks which you should be aware of. For example, used parts may need replacement or might need to be fixed. It is important to always consider all your options before investing money on the purchase of such equipment. If you are going to get a used forklift, it is essential that you take certain measures such as carrying out a thorough inspection of the equipment and checking to see if the tires, lights, safety parts such as seatbelts, reverse sensors, forks, belts and chains on the lift and other parts are functioning properly. It is better not to rely on the claims made by a used forklift dealer, which are often false.
Used forklift dealers that are of good reputation also sell their products online. The internet is an extensive platform for buyers to locate such dealers and get in touch with them. However, buying products online has its own associated risks as you are unable to check or verify the used forklift before making the purchase. It is recommended that you browse online and gather all the information required about the dealer and the products, but the actual purchase should be done only after a physical meeting.
Wiki User
∙ 11y ago
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Tips for Buying a Used Forklift?
Companies that need to control costs should consider purchasing a used forklift rather than a new one. Factors to consider when making the purchasing decision include how much money you have available to spend, how much time your forklift will be in use daily, the type of forklift you need, and how many people you need trained to use it. Cost is a major factor that prompts a business to purchase a used forklift, but it is not the only consideration. As with buying anything used, a certain amount of risk comes with purchasing a used forklift. Even if the unit is inspected before purchase and even if a factory reconditioned model is purchased, warranty coverage is usually limited and the time in service before failure is unpredictable. Still, used forklifts represent an opportunity for major savings, with prices often hovering around half the price of a new forklift. Total cost of ownership (TCO) is a factor to consider when determining whether to buy a used forklift. The general rule is if that the machine is heavily used, a new forklift is preferable. Under light use (four hours or less every day), a used forklift makes more sense. This is a general rule, however, and is meant only as a guideline. Whenever possible, get the used forklift inspected by a professional who can alert you should there be any obvious defects in the equipment. A factor that should also be considered by a company that needs a forklift is the number of people who need to be trained to use it. With the purchase of a new forklift, manufacturers or dealers will include free or discounted training for employees who need to use the equipment. This represents a major cost that can influence the purchasing decision. If only one or two employees need certification for forklift use, a used forklift might make more sense than if ten or twenty employees need training. Laws and regulation governing the use of forklifts vary by locality, so businesses should be careful to make sure that a used forklift meets all current safety and workplace requirements prior to purchase.
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