Ideally, all companies would receive fresh equipment with the latest technology every month. However, budget constraints will never allow this to happen. That’s why most companies that can’t afford to buy new forklifts opt for forklift hire in Sydney instead. But, buying a used forklift is another option that many companies explore.
What if the used forklift has severe damages? That’s the first concern company administrators have when they’re assessing second-hand forklift sales offers. Potential downtime and accidents are the second and third biggest concerns.
Let’s assess the risk and rewards of investing in second-hand capital equipment to see whether it can help companies cut down long term expenses.
Why Buy a Second-Hand Forklift?
The primary reason why some companies entertain the idea of accepting second-hand forklift sales offers is cost savings. Acquiring a brand-new warehouse forklift that’s powered by electricity can cost a company up to $25,000. On top of that, the latest forklifts have additional requirements like purchasing separate batteries, chargers, maintenance costs, etc. These costs can add up to drive the overall fee up to $30,000.
On the other hand, opting for forklift hire in Sydney is much cheaper. An even cheaper option is going for a similar forklift that has been used in the past. Depending on the machine’s lift capacity, existing conditions, and configurations, the second-hand equipment can cost up to three times less than the original. The promise of 30% to 50% savings is too good for some companies to refuse.
Using a Second-Hand Forklift – The Risks:
When a company gets a forklift hire in Sydney, its workers need to do everything to prevent the machine from getting damaged. That’s because these additional costs add up to the monthly rental fees. With second-hand forklifts, labour forces need to show the same level of care. That’s because even the most carefully chosen second-hand forklift won’t operate as well as a brand-new machine.
So, using a second-hand forklift is only appropriate when:
- The machine won’t be part of essential, non-stop operations inside tense warehouse environments.
- The machine won’t be used for more than five days a week, 5 hours a day.
- The machine won’t be used individually to complete large-scale tasks.
Addressing the Risk of Buying Second-hand Forklifts:
Not all offers of second-hand forklift sales are legit. So, establishing trust with the seller is crucial for any company looking to invest in second-hand capital equipment. Some other risks that need to be addressed include –
- Make sure what the forklift has gone through by assessing the business model of the seller. If the seller is a local company, assess how its workforce uses the machine.
- Make sure the person/entity behind the forklift sales is certified. Only certified owners perform important repairs and overhaul to keep their equipment running like new. Even if a non-certified seller charges less, opt for certified programs.
- The second-hand forklift should – function without bindings/slippages, not have any leaks (in its radiator, transmission, engine, etc.).
- The forklift’s tires shouldn’t be uneven or worn out.
Making the most of second-hand forklift sales is only possible when you’re careful and methodical!