It’s a question that comes up a lot. Buy, rent or lease your new (or used) forklift. Each approach offers specific advantages and disadvantages. It comes down to what is right for the forklift purchaser and what is appropriate for the price and model being purchased. This is a summary of the available options that will hopefully help you to make the decision that is right for your business.
Buying a Forklift
The simplest and most popular method of purchasing a forklift. You choose your unit, give the dealer a cheque and they deliver your new unit. Appeals to many people, particularly those with no business credit rating. For many lower priced units it is the only feasible purchasing method, most lenders will not lease anything but a brand new forklift, even if purchased from a reputable dealer.
Read more →