Choosing between a New or Used Toyota Forklift

When the time comes to invest in a Toyota forklift, many important decisions must be made. One of the most significant buying decisions is whether you want to purchase a new or used forklift. There are many advantages to each option, and what may be right for one company may not be right for another. Here is a brief guide to choosing between a new or a used forklift:

Price

In any buying decision, cost is one of the most important factors. If your business has the resources and your operations warrant new equipment, you may want to spend the money on a new Toyota lift truck. Many situations do not call for a new lift truck however, a great way to save money would be by purchasing a high-quality used forklift at a reduced price.

Longevity

Toyota lift trucks are built to last for many years especially with proper preventative maintenance. The newest Toyota models have the latest engineering and technology to make them more reliable and more durable than ever. While a used electric or internal combustion forklift will serve its purpose for quite a long time, a new Toyota forklift will be properly designed and equipped to last even longer.

Resale Value

Toyota products are famous for great durability and value retention, however, if your plans for your forklift involve eventually selling, then the resale value must be a significant consideration in your purchase. A new forklift, like a car, has a higher initial value, but it will depreciate more quickly. A used forklift will have a more stable value for many years.