{"id":26520,"date":"2019-06-07T15:11:51","date_gmt":"2019-06-07T05:11:51","guid":{"rendered":"https:\/\/www.machines4u.com.au\/mag\/?p=26520"},"modified":"2022-08-25T16:37:40","modified_gmt":"2022-08-25T06:37:40","slug":"used-vs-new-forklifts","status":"publish","type":"post","link":"https:\/\/www.machines4u.com.au\/mag\/used-vs-new-forklifts\/","title":{"rendered":"Used vs New Forklifts"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">In the market for some new forklifts? Knowing what kind of forklift to buy and how much you should be spending can be tricky. One of the most important decisions is whether you are going to buy a <\/span><a href=\"https:\/\/www.machines4u.com.au\/browse\/forklift\/new\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">new forklift<\/span><\/a><span style=\"font-weight: 400;\">, or a <\/span><a href=\"https:\/\/www.machines4u.com.au\/browse\/forklift\/used\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">used one<\/span><\/a><span style=\"font-weight: 400;\">. There are benefits to both and the choice really comes down to your budget, preferences and requirements.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">That said, there is at least one basic guideline that is applicable to most buyers. If your business uses a forklift for less than 4 hours a day, a used model is almost always better. New forklifts start to pull ahead as you increase the workload. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">Of course, there are plenty of factors to consider when choosing between new and used. In this article, we cover some of the major factors you will need to consider when deciding to buy a used or new forklift. <\/span><\/p>\n<h2><span style=\"font-weight: 400;\">Used Vs New Forklifts Price<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">The first and, for most buyers, the most important factor when choosing a forklift is the price. Not only when you are considering between different makes and models, but when you\u2019re deciding whether to buy new or used. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">It won\u2019t come as a surprise, but <\/span><a href=\"https:\/\/www.machines4u.com.au\/browse\/forklift\/new\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">new forklifts<\/span><\/a><span style=\"font-weight: 400;\"> will cost you more upfront. Like all used products, a second-hand forklift is going to be cheaper at the initial purchase. In fact, you can find good condition used forklifts for as much as half of their new counterparts. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">This, obviously, is a huge saving for your back pocket, and can be a big factor when you\u2019re choosing your forklift. But the price is more than just what it will cost you from the dealer. Forklifts are machines, and like all machinery, they need to be maintained.<\/span><img fetchpriority=\"high\" decoding=\"async\" class=\"alignnone wp-image-26523 size-large\" src=\"https:\/\/magmedia.machines4u.com.au\/wp-content\/uploads\/2019\/06\/07145049\/forklift1-1024x704.jpg\" alt=\"new forklift\" width=\"800\" height=\"550\" srcset=\"https:\/\/magmedia.machines4u.com.au\/wp-content\/uploads\/2019\/06\/07145049\/forklift1-1024x704.jpg 1024w, https:\/\/magmedia.machines4u.com.au\/wp-content\/uploads\/2019\/06\/07145049\/forklift1-300x206.jpg 300w, https:\/\/magmedia.machines4u.com.au\/wp-content\/uploads\/2019\/06\/07145049\/forklift1-768x528.jpg 768w, https:\/\/magmedia.machines4u.com.au\/wp-content\/uploads\/2019\/06\/07145049\/forklift1-500x344.jpg 500w\" sizes=\"(max-width: 800px) 100vw, 800px\" \/><\/p>\n<p><span style=\"font-weight: 400;\">Ongoing maintenance costs are something you will need to consider when deciding on a new or used forklift. If you buy a used forklift that starts playing up, you may end up spending more than you would have if you had purchased a new one. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">There\u2019s also a matter of parts, as you may (or may not) have trouble finding replacement parts that are affordable. Even though certain forklifts, like<\/span><a href=\"\/mag\/why-choose-electric-forklift\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\"> electric forklifts<\/span><\/a><span style=\"font-weight: 400;\">, are cheaper to service and maintain than others, these maintenance costs can still add up. Which is why the condition of your forklift is so important. <\/span><\/p>\n<h2><span style=\"font-weight: 400;\">Forklift Condition<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Condition is going to be a primary factor when choosing between a new or used forklift. While new forklifts are, as you\u2019d expect, new, a used forklift can be in almost any condition, so you need a keen eye when inspecting. In particular, you want to make sure there\u2019s no:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Rust<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Damage<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Indications of underlying fault<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Fluid leaks<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Battery faults<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">Used forklifts should always come with a condition report, listing the hours worked and general condition of the forklift. So straightaway, if there\u2019s no report, don\u2019t even consider it! From there, it\u2019s really up to you and the results of the report. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">You\u2019ll want to take into consideration the age of the machine and any repairs or major issues it has had in the past. These are likely to be the biggest contributors to any future expensive repairs, and you may struggle to source parts for older models. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">Of course, if you know what to look out for, this is the part where your expertise will shine. Anyone can compare a price, but knowing when a used forklift is in good or bad condition is a skill that can be the difference between an amazing buy or a disastrous (and very costly) mistake.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Along with the condition of the machine, you\u2019ll also want to consider how long you\u2019ll be using it for, and for what work. <\/span><\/p>\n<h2><span style=\"font-weight: 400;\">Usage &amp; Applications<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Knowing exactly how long and what kind of work your forklift will be doing is a key element. Industry experts have a basic guideline for usage that hasn\u2019t changed over the last few years: <\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">If you\u2019re using it infrequently or less than 4 hours a day\u2014buy used<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">If you\u2019re using it for more than 4 hours a day or very frequently\u2014buy new<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">Of course, there\u2019s a bit more to it than that, but it\u2019s as good a place to start as any!<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The simple fact is, in almost every situation, a <\/span><a href=\"https:\/\/www.machines4u.com.au\/browse\/forklift\/new\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">new forklift<\/span><\/a><span style=\"font-weight: 400;\"> will outperform and outlast a used model. This is simply due to them being new, with more modern components and a more extensive warranty. But, if you\u2019re already leaning towards used, don\u2019t worry. Used forklifts are an ideal choice when your business doesn\u2019t need a forklift running all day every day. <\/span><img decoding=\"async\" class=\"alignnone wp-image-26524 size-large\" src=\"https:\/\/magmedia.machines4u.com.au\/wp-content\/uploads\/2019\/06\/07145134\/forklift2-1024x768.jpg\" alt=\"forklift\" width=\"800\" height=\"600\" srcset=\"https:\/\/magmedia.machines4u.com.au\/wp-content\/uploads\/2019\/06\/07145134\/forklift2-1024x768.jpg 1024w, https:\/\/magmedia.machines4u.com.au\/wp-content\/uploads\/2019\/06\/07145134\/forklift2-300x225.jpg 300w, https:\/\/magmedia.machines4u.com.au\/wp-content\/uploads\/2019\/06\/07145134\/forklift2-768x576.jpg 768w, https:\/\/magmedia.machines4u.com.au\/wp-content\/uploads\/2019\/06\/07145134\/forklift2-500x375.jpg 500w, https:\/\/magmedia.machines4u.com.au\/wp-content\/uploads\/2019\/06\/07145134\/forklift2.jpg 1440w\" sizes=\"(max-width: 800px) 100vw, 800px\" \/><span style=\"font-weight: 400;\">In fact, cost-wise you\u2019ll find a used machine makes more sense, especially if you\u2019re only using it for a few hours a week. With almost half the initial outlay of a new forklift, used forklifts are the cost-effective choice for casual use. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">Sometimes though, your usage will require special parts or components, this is where things can get tricky. <\/span><\/p>\n<h2><span style=\"font-weight: 400;\">Special Requirements<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">If your business has special requirements, then your purchasing decisions are likely special as well. The requirements may be something simple: maybe you just need a forklift that is compatible with your existing attachments? In situations like that, especially if your attachments are older or discontinued, you may find a used model more appropriate. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">But, if you need that extra height, a special component, or something that just isn\u2019t compatible with older machines, you\u2019re most likely going to need to buy new. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">This has less to do with new being better than used, or vice versa, than ease of access. It\u2019s generally going to be easier to find the exact forklift that meets your requirements when you\u2019re shopping new. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">Of course, this doesn\u2019t hold 100% true, and you should always assess your situation before making a decision. <\/span><\/p>\n<h2><span style=\"font-weight: 400;\">New Forklift Warranty<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Warranty is a fairly simple factor to consider when choosing between new or used. <\/span><a href=\"https:\/\/www.machines4u.com.au\/browse\/forklift\/new\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">New forklifts<\/span><\/a><span style=\"font-weight: 400;\"> will generally come with somewhere between 12-36 months warranty. This gives you great peace of mind when buying and can save you a lot of time and money on expensive repairs if something happens. <\/span><\/p>\n<p><span style=\"font-weight: 400;\"><img decoding=\"async\" class=\"alignnone wp-image-26525 size-full\" src=\"https:\/\/magmedia.machines4u.com.au\/wp-content\/uploads\/2019\/06\/07145201\/forklift3forreals.jpg\" alt=\"Manitou Forklift\" width=\"1021\" height=\"680\" srcset=\"https:\/\/magmedia.machines4u.com.au\/wp-content\/uploads\/2019\/06\/07145201\/forklift3forreals.jpg 1021w, https:\/\/magmedia.machines4u.com.au\/wp-content\/uploads\/2019\/06\/07145201\/forklift3forreals-300x200.jpg 300w, https:\/\/magmedia.machines4u.com.au\/wp-content\/uploads\/2019\/06\/07145201\/forklift3forreals-768x511.jpg 768w, https:\/\/magmedia.machines4u.com.au\/wp-content\/uploads\/2019\/06\/07145201\/forklift3forreals-500x333.jpg 500w, https:\/\/magmedia.machines4u.com.au\/wp-content\/uploads\/2019\/06\/07145201\/forklift3forreals-360x240.jpg 360w\" sizes=\"(max-width: 1021px) 100vw, 1021px\" \/><\/span><span style=\"font-weight: 400;\">Used forklifts will generally come with some kind of warranty. But it\u2019s usually limited and in some cases only covers 30 days, and maybe only specific parts of the forklift. This is why inspecting used forklifts before purchasing is so important. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">Simply put, if you want the added peace of mind that a warranty gives (and are willing to fork out a bit extra), new forklifts are the way to go. <\/span><\/p>\n<h2><span style=\"font-weight: 400;\">Pros &amp; Cons of Used Vs New<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">When all is said and done, picking between used or new forklifts comes down to the needs of your business. To help summarise everything: <\/span><\/p>\n<table>\n<tbody>\n<tr>\n<td><\/td>\n<td style=\"text-align: center;\"><b>Pros<\/b><\/td>\n<td style=\"text-align: center;\"><b>Cons<\/b><\/td>\n<\/tr>\n<tr>\n<td><b>New<\/b><\/td>\n<td>\n<ul>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Know you have the newest model on the market<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Know what you\u2019re getting<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Comes with warranty<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Can plan &amp; foresee maintenance costs<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Longer work life<\/span><\/li>\n<\/ul>\n<\/td>\n<td>\n<ul>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Expensive upfront<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Loses resale value quickly<\/span><\/li>\n<\/ul>\n<\/td>\n<\/tr>\n<tr>\n<td><b>Used<\/b><\/td>\n<td>\n<ul>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Generally 30-50% cheaper upfront<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Price will remain competitive if you decide to sell<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Cost-effective in low-usage cases<\/span><\/li>\n<\/ul>\n<\/td>\n<td>\n<ul>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Little-to-no warranty<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Can have hidden costs that blow out the price<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">May not be able to get parts or attachments<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Shorter work life<\/span><\/li>\n<\/ul>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><span style=\"font-weight: 400;\">There\u2019s so much to consider when buying a forklift. Whether you\u2019re buying a <\/span><a href=\"\/mag\/diesel-vs-lpg-vs-electric-forklifts-which-is-better\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">diesel, LPG or electric forklift<\/span><\/a><span style=\"font-weight: 400;\">, picking the right one can have serious implications for your business. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">If you\u2019re still trying to decide, why not browse through our available <\/span><a href=\"https:\/\/www.machines4u.com.au\/browse\/forklift\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">new and used forklifts<\/span><\/a><span style=\"font-weight: 400;\"> to get an idea of what\u2019s on the market. Or, try your luck at a <\/span><a href=\"https:\/\/www.machines4u.com.au\/browse\/forklift\/forklift-auctions-4964\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">forklift auction<\/span><\/a><span style=\"font-weight: 400;\">.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>In the market for some new forklifts? Knowing what kind of forklift to buy and how much you should be spending can be tricky. One of the most important decisions is whether you are going to buy a new forklift, or a used one. There are benefits to both and the choice really comes down [&hellip;]<\/p>\n","protected":false},"author":33,"featured_media":26522,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[18990],"tags":[2909],"yst_prominent_words":[],"class_list":["post-26520","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-material-handling","tag-forklifts"],"_links":{"self":[{"href":"https:\/\/www.machines4u.com.au\/mag\/wp-json\/wp\/v2\/posts\/26520","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.machines4u.com.au\/mag\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.machines4u.com.au\/mag\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.machines4u.com.au\/mag\/wp-json\/wp\/v2\/users\/33"}],"replies":[{"embeddable":true,"href":"https:\/\/www.machines4u.com.au\/mag\/wp-json\/wp\/v2\/comments?post=26520"}],"version-history":[{"count":2,"href":"https:\/\/www.machines4u.com.au\/mag\/wp-json\/wp\/v2\/posts\/26520\/revisions"}],"predecessor-version":[{"id":29671,"href":"https:\/\/www.machines4u.com.au\/mag\/wp-json\/wp\/v2\/posts\/26520\/revisions\/29671"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.machines4u.com.au\/mag\/wp-json\/wp\/v2\/media\/26522"}],"wp:attachment":[{"href":"https:\/\/www.machines4u.com.au\/mag\/wp-json\/wp\/v2\/media?parent=26520"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.machines4u.com.au\/mag\/wp-json\/wp\/v2\/categories?post=26520"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.machines4u.com.au\/mag\/wp-json\/wp\/v2\/tags?post=26520"},{"taxonomy":"yst_prominent_words","embeddable":true,"href":"https:\/\/www.machines4u.com.au\/mag\/wp-json\/wp\/v2\/yst_prominent_words?post=26520"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}