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When To Buy Used Forklifts Instead Of Buying A New One?

New forklifts cost anywhere from $50,000 to more than $100,000, but that’s not all you have to pay for when you buy one of these large pieces of equipment. You also have to worry about the maintenance costs, which are usually around 15% of forklift price every year. So, if you’re in the market for a new forklift and trying to decide whether it makes sense to buy brand new or used one, consider these signs that you should go with used instead.
When Your Business Is In the Start-Up Phase
Considering buying a new forklift? Before you break your budget, it’s worth considering whether you’d better buy used one instead. Sure, forklifts aren’t cheap. But buying used forklifts Sydney will allow you to take full advantage of its capabilities while still limiting your expenses, especially if your business is in its start-up phase and isn’t operating at full capacity.
When Your Budget Is Tight
Building out your warehouse with new equipment can be expensive, so if you’re starting small or are working on a tight budget, it’s sometimes better to consider used forklifts for sale Sydney . If you ...
... need only two or three forklifts for a short period of time, consider buying used forklifts.
When You Don’t Require Strong Performance
If you need only occasional or light-duty forklift use, it’s typically best to go for used ones. Forklifts are incredibly heavy and difficult to move from place to place, so if you don’t require strong performance on a daily basis, you may want to consider used trucks for those few days each year that you do have a heavy load. This keeps your overall costs down without sacrificing quality.
When You Require Different Models and Capabilities
There are many different types of forklifts available, so if you need several kinds, it’s much cheaper to buy used forklifts. If you don’t foresee any major changes in your fleet requirements over time, investing in a new model might make sense for you. But if your needs could change in five years or less, say, due to increasing or decreasing volume, then used ones make more sense.
When Your Company Requires Lower Maintenance
Running a business is time-consuming, so you want equipment that requires little maintenance. Used forklifts for sale NSW are well-maintained but have relatively low mileage and don’t come with high repair costs, which means they’re easier on your budget and don’t require as much time from you or your staff. These forklifts also allow you to defer major capital expenditures until you’re ready for them, if ever.
If you find yourself in any of these scenarios, buying used forklifts could be your best bet. Are you looking for used forklifts in Sydney? Mars Forklift has got you covered. Please get in touch with Mars Forklifts.
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