Pricing and costs of forklifts prevents some businesses from purchasing the equipment. Fork lifts are expensive pieces of equipment. Electric forklifts cost anywhere from $18,000 to $25,000. This does not include battery and charger cost. Larger diesel industrial forklifts can cost up to $100,000. While the expense causes some small companies to hesitate about purchasing one, larger companies update and upgrade their forklifts often.
Purchasing a forklift is a big decision for some business owners. In addition to the price of the forklift, many companies must purchase forklift attachments and training courses for their employees. Before making a decision of this type, consider the following:
1. What purpose will the forklift serve?
2. How often will you use the forklift?
3. What additional costs will accompany the purchase of a forklift?
Buy a new forkliftBuying a new forklift initially is the most expensive route to take. However, when you purchase a new forklift the cost of maintenance is often lower than with used forklifts. The forklift parts have not undergone wear. If something does break, a warranty typically covers it. Some forklift manufacturers will offer financing and occasional specials with 0-percent interest. If you use a forklift often, you may feel that a new forklift is right for your company. Check for special offers when shopping.
Consider a used forklift to save on upfront costsCompanies that use forklifts on a daily basis upgrade to newer models and sell their older models. Companies that go out of business also sell used equipment. If you cannot afford the upfront cost of a new forklift, consider a used forklift as an option. Keep in mind that the forklift has undergone wear. Have it checked by a forklift mechanic before making the purchase. If you are persistent, you can find used forklifts for sale that are workable for about half the price of a new one.
Rent a forklift for occasional jobsIf you do not need a forklift often, you likely cannot justify the purchase of one. Renting is a better option for the times when you need a forklift's assistance. Many forklift suppliers rent and lease their equipment. Some equipment rental companies will deliver the forklift for you, but in most cases, you save money by picking it up yourself. When renting a forklift, you don't have to worry about forklift maintenance and upkeep. However, you should have a trained operator in charge to avoid liability from accidents.
- When thinking about pricing and costs of forklifts, consider several different buying options and get quotes from several forklift supplier sites, as well as from local dealers. Many dealers of larger equipment sell to consumers all across the USA.