Owning vs. Renting Forklifts: Which Is Right For Your Business?
As an alternative to owning a forklift, a short-term rental saves you money. You can reserve your capital and meet a temporary material handling need for a low weekly or monthly rate.
Rental units come in handy during inventory times, seasonal rushes or when a customer asks you to help out in an emergency. You don’t have to permanently increase the size of your fleet to fulfill the demand and you can choose to equip your forklifts with specific attachments to drive productivity.
Save Costs, Long Term
Tired of handling the details of fleet management and tying up your capital in fixed assets? A long-term rental agreement may be your ticket out of the lift truck business. Renting is a viable alternative to owning your material handling fleet.
The reasons include:
- You don’t have an outlay of capital that may be needed elsewhere to grow your business.
- You get easier budgeting because all you pay is one monthly payment that stays the same over the entire forklift rental period.
- You don’t have to worry about maintenance schedules and replacing wear items; we take care of that for you.
- You can include a Total Maintenance and Repair option with your forklift rental agreement. You get guaranteed uptime. We handle the fleet for you and you just use the forklifts to get the job done.
- If your material handling needs change and you require more, fewer or different lift trucks, we can easily adapt the rental agreement. (Leases aren’t always that flexible.)
Take Advantage Of Advances In Forklift Technology
Statistics prove that companies which own their own fleets tend to keep the lift trucks beyond their economic break-even point. That’s the point where you’re spending more to keep the lift trucks running than they are worth.
Today’s lift trucks are more fuel-efficient, have extended maintenance intervals and utilize the latest advances in technology.
This combines to save you money over the forklifts’ life. Ergonomic designs, improved seats, quieter operation, less vibration and better visibility help operators be more comfortable and more productive.