Advantages and Disadvantages of New vs Used forklifts

May 25, 2016
Posted by: admin

Doing the research yourself is fairly easy as there are a variety of resources available to help you compare a New forklift vs Used forklift for sale by name, brand, year or model.

Efficiency and cost effectiveness are factors to consider when searching for a new or previously owned forklift. Doing the research yourself is fairly easy as there are a variety of resources available to help you search for forklifts for sale by name, brand, year or model. Cost, of course, may be a motivator when considering purchasing a forklift. A lift that was previously owned may cost 50% less than a brand new one. But does this low price come with high hidden costs? Below are some helpful things to keep in mind when you are considering buying new or previously owned.

Dadelift Forklifts line-up at Dadelift a Miami Forklift Dealer

New Forklifts

Advantages:

New models are equipped to handle longer hours at an efficient pace whereas a used model is better for occasional use. New lifts also come with a warranty that is usually between 12 and 36 months. As a warranty may be a major deciding factor for you, it is important to do some research into what your provider offers, as used forklifts can have limited warranties.

Disadvantages:

People tend to push away from purchasing a new forklift because of the higher price. Yet, new will always be the best investment if you take all other factors into consideration.

Used Forklifts

Advantages:

First and foremost, cost savings is a major factor to consider. As previously stated, a used model can be up to 50% less. Aside from that, parts availability can be a major concern among newer models. Many used forklifts dealers offer excellent guidance when purchasing.  As always the best research is first person.

Disadvantages:

Just like a used vehicle, a used forklift will have visible wear and tear that a new one will not. If you choose to purchase a used forklift, make sure to get a detailed report of any previous maintenance issues. Take into consideration how long it had been used.  Experts agree that if a lift will be used less than four hours a day, then its best to buy a used one.

5 Comments

  • To rent a forklift i will choose a used one, but the ones we keep on our warehouses, we usually buy those lift trucks new, because they come with a warranty from two to three years.

  • Gregory Willard

    A friend of mine has been looking into buying a forklift to help him in his shop. I had no idea that forklift dealers offer guidance for purchasing used lifts. It would probably be cheaper for him to buy a used one, and they use it for its lifetime.

  • Thanks for helping me learn more about new and used forklifts. It’s good to know that used forklift dealers usually give good guidance when you’re buying them. This seems really helpful if they can also advise you on what maintenance needs to be done for a particular forklift.

  • My aunt is thinking about getting some equipment for a farm. It could be really nice to get some use from a professional. It was interesting to learn about the advantages of a used forklift.

  • It’s good that you point out that buying a used forklift can save you a lot of money. I want to start a business soon, and I’m considering purchasing a used forklift for the warehouse that I’ll need. I’m going to look for a business in the area that sells used forklifts.

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