Buying Used Forklift | Advantages & Disadvantages

Forklift is used to carry heavy objects. Some one can buy new forklift as well as can purchase used forklift. Buying a used forklift has certain advantages as well as disadvantages. Here I will share important things which are necessary to consider and advantages as well as disadvantages of buying used forklift.

Research is Key to Success

• One most of the important thing is research. There are many brands available in the market. People, who already have  used forklift, probably know the terminology of forklift. But if you are buying for first time then you should have some knowledge about forklift, its types, and brands etc.
• There should be a clear idea about forklift requirements in your mind. How much weight and maximum height is required to fulfil your needs?
• Use as many sources for research as you can. You can use newspaper, online, references etc.
• After knowing your need you can contact with dealers and tell him which type of forklift is appropriate for you. Ask him about running hours as well as maintenance schedule of forklift. Was any part replaced during use? Ask about warranty period. If it is near to expire then it is possible you have to pay extra charges to extend its warranty period.
• Have a test drive before purchase. Its better to perform quality check before purchase.
• Make inspection by some competent person in order to find any defects before hand.

Advantages

• You bear less cost when you purchase used forklift as compared to new one.
• It eliminates depreciation expense which is paid for new forklift.
• No lease or rental payments.
• If you have a small budget then buying a used forklift is better option.

Disadvantages

• Used forklift can not replace the new one.
• As it is not brand new so does not have aesthetic like new one.
• It is more prone to damage and repairs.
• As it is old one so does not include new features and functions of forklift.
• May be it won’t have same safety level like new one.
• As it is already used so may be its warranty will be near to expire and you will have to pay extra charges to extend its warranty period.