Forklift Rental: Why Renting May Be Right For You
Filed under: Materials Handling
So you are about to acquire a forklift. You’ve chosen the type, brand, model, capacity and fuel type. Most of the hard work is out of the way! Now you just need to decide whether you are going to buy the forklift outright, or rent it.
Forklift rental is often the most practical and economical solution, and here are some reasons why:
- Capital is conserved: Renting enables you to acquire the use of equipment without capital outlay, which means no expensive upfront or loan costs with high interest.
- Budgeting: you are able to budget for the future with fixed costs every month without any unexpected maintenance costs arising.
- Increased Efficiency: Fleet Management Rental Programmes give you the right tools to maximise forklift efficiency through establishing K.P.I’s (Key Performance Indicators) and fleet utilisation reports. This will dramatically reduce your administration costs and keeps staff free to concentrate on your core business.
- Modernisation of your equipment: Renting allows you to always have the most up-to-date equipment and technology, as once your equipment ages or your renting terms end your old equipment is replaced with new ones.
- Unforeseen needs: At unpredictable peak periods or when essential equipment breaks down, rental forklifts can provide immediate relief.
Things to keep in mind when deciding to rent:
- Research thoroughly to ensure all your needs and wants are met.
- Qualified employees: Ensure that you have a qualified employee to operate the piece of equipment you wish to hire..
Not all rental distributors are the same. Ensure that:
- Equipment is well maintained.
- They are a certified dealer.
- You are comfortable with all the terms of the contract.
- Ask about any extra fees or conditions.
- Insurance on equipment.
Every person and workplace has different requirements and needs. The next step is to write down a list of your needs and compare it with the points above. Some questions might arise when forming the list, write them down and after finishing this would be a good time to contact your local dealer for answers. If you are not at the stage of contacting a dealer about your questions please feel free to leave any comments or questions below for Adaptalift Hyster or other readers to answer.
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