Friday, March 25, 2016

Pre-Owned Equipment - Right or Wrong?

Lots of people stress about purchasing forklifts, and one area of concern is deciding between new and pre-owned equipment.  When we are making personal decisions between new and pre-owned vehicles for ourselves or our families, the decision is much easier. Why?  Because if we chose badly, we are the only ones that suffer from it. However, when the workplace is involved, a whole new set of critics are involved.  We have a lot more people to make happy not only with the purchase, but the return on investment and productivity that comes with the acquisition. Will the operators like it?  Will it meet all safety requirements in the facility? Should we go with electric power over internal combustion power?  What brand? What price level? Should I buy new over pre-owned?  The questions are almost endless, so the purchase of a forklift can be overwhelming.  As a starting point, the application typically drives the potential of considering pre-owned equipment. For example, if your application is unique, you may not be able to find options for pre-owned equipment. Or, your usage of the equipment exceeds the recommendations for a used piece of equipment. Certainly, the hours a forklift is used on a monthly basis should determine the year range for consideration.  In reality, the buyers typically are given a budget amount, and no one is sure on how that amount was determined.  At times, the budget places limits on the purchase price, and these limits force the buyer to buy less forklift than the application requires. This is where customers experience pain, and continue to experience pain for the life of that piece of equipment. Don't get caught in this pinch of pain. A professional recommendation based on real application, current conditions, and future expectations can help provide the right piece of equipment, regardless "new" or "used" status. In reality, you are purchasing the work a forklift can do for your company, and the cost of the forklift is a small percentage of the cost of ownership. Driver safety, productivity, and maintenance costs all make up a much bigger percentage of ownership costs. Unfortunately, many buyers base their purchase decision on who offers the best purchase price. 
So, when a decision to purchase a forklift is made, and potential vendors are being interviewed, be sure to request a reference list for new or pre-owned purchases.  Review the checklist of service items. Review the warranty coverage details, Review options available to help the forklift match your facility needs as much as possible. See the video below of a forklift before, during, and after a paint job at the ACT Winston-Salem facility. While paint jobs do little to enhance the mechanical condition, it does wonders for eye appeal when you have customer visits, and as you can see, the forklift looks like a new one.
There are lots of things to consider when purchasing the right piece of equipment for  your facility, so get professional help so you can get what you need. Many times, buyers just replace the old forklift for one that has the same specifications. Why replace that 15 year old forklift with one just like it. Odds are, your application and needs have changed. We know that forklift technology has changed greatly in the last few years.  A site survey and review of current forklifts gives us the right details to make the proper recommendation. Get it right, use a professional.

1 comment:

  1. Thanks for the blog, You can visit health and safety training courses if you want to get trained and to get the knowledge about the safety precaution.