Decisions about purchasing, leasing or rent basically the same, whether you talk about cars, forklifts or other expensive vehicle types. Decisions usually rotate around costs, time, and use. The following is to see the important factors you need to consider when determining whether to buy or forklifts rental.

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1. Capital Expenditures – Costs for Buying

Forklifts are very expensive equipment. It is all unusual to pay nearly $ 20,000 for a new forklift that can handle a load of 5,000 pounds.

When you rent or rent a forklift, you don’t have a big capital expenditure. You are only charged daily, weekly or monthly times when you rent or rent out equipment. This option is often the only way small companies are able to use forklifts.

2. Test equipment

Before you decide to buy a new forklift that is expensive, you might want to rent it and try it for one or two months. That way you can see if it’s the right type of forklift to match your needs. If you don’t like one particular piece of equipment, you are not stuck. You simply call the equipment rental company and ask them to issue another model that might suit you.

3. Maintenance is not your responsibility

In addition to adjusting the bar and ensuring that there is enough fuel in the forklift, a lease agreement or leasing does not get you responsible for any type of maintenance costs. If something goes wrong, you just call leasing or rental companies and they will repair or replace the machine.