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How to Buy Second-Hand Forklifts by Terence Liew

Article Author Biography
How to Buy Second-Hand Forklifts by
Article Posted: 06/20/2013
Article Views: 218
Articles Written: 27
Word Count: 479
Article Votes: 0
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How to Buy Second-Hand Forklifts

The cornerstone of an efficiently operated warehouse or loading company is a dependable forklift. A well-functioning forklift ensures that skids and pallets can be quickly and safely moved from one location to another without disturbing the goods housed on the skid. Unfortunately, the cost of a new forklift can sometimes deter companies from investing in this important piece of equipment. New forklifts often range from $15,000 to more than $50,000 USD. Some of the most sophisticated new forklifts can cost over $100,000.

Fortunately, business owners have a wonderful opportunity to reduce their equipment costs by exploring the purchase of used or second-hand forklifts. Many people may not consider this option because they do not know now to buy second-hand forklifts. Unbeknownst to many purchasing agents, there is a wide variety of options available for individuals who wish to buy dependable second-hand forklifts. Many of these individuals simply do not have the funds available to invest in a brand new piece of equipment.

The most common sources for used forklifts include equipment auctions, forklift manufacturers, and existing forklift owners who are ceasing operations or in the process of upgrading to a new forklift. Buyers may also find used forklifts on Craigslist and eBay. Regardless of which of these options a buyer wishes to explore, he or she should know what type of forklift is required. Because forklifts exist in a wide variety of sizes with varying loading capacities, it is important to know the purpose for which the forklift is being purchased.

Equipment auctions are excellent venues to peruse pre-owned forklifts. Buyers may participate in both live auctions and online auctions. In many cases, buyers can purchase used forklifts for well under 50% of the original price paid for the equipment. Buyers who explore this option should have cash on hand and be prepared to make a prompt payment at the end of the auction. Buyers should also review any preliminary information about the forklift repairs prior to participating in the auction. This will ensure that they do not bid on a defective forklift or a unit that will not meet their specific needs.

Another excellent way to acquire a used forklift is to contact forklift manufacturers and ask about the availability of trade-in models or demonstration models. Many manufacturers offer trade-in options to new customers, and build up a small inventory of pre-owned forklifts in the process. These forklifts are often available to buyers at an attractive discount.

In addition to these methods of acquiring used forklifts, buyers can also find used forklifts by browsing online sites such as Craigslist and eBay. Prior to committing to a purchase, interested buyers should request photos and pertinent details, such as condition of the forklift and number of operating hours. This information will help to ensure that the buyer receives a quality piece of equipment at an excellent price.

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