Industrial Equipment posted by

Owning vs. Renting A Forklift For Your Warehouse

Buying or renting forklifts? This is a common dilemma for many business owners, and you need to determine which option is better for you. Forklifts are expensive machines, but they are necessary for every warehouse because they can improve the workers productivity. In this competitive world, you need to do everything you can to cut down costs. You can start by renting a forklift, not buying one right away. The forklifts in Perth can be rented from manufacturer dealers or third-party renting companies. However, both options have their own advantages and disadvantages. In order to decide which option is the best for you, there are few factors that need to be considered.

forklifts-perth

The cost of forklifts in Perth varies from $20.000 up to $100.000, and the price is determined by the brand, quality, capabilities, features, etc. But, there are also operating costs, such as amortization cost, replacement of wear or missing parts, fuel, maintenance or preventive maintenance costs, and other additional costs. Small businesses cannot afford the luxury of owning a forklift, while some businesses that need a forklift for a single operation do not find it practical to own one.

Long Or Short Term?

Think and calculate how extensively you are going to use the forklift. If you are going to use the forklift everyday, you should buy one. If not, calculate the weekly, monthly and annual costs for renting a forklift, and explore the wide range of forklifts in Perth. However, at some point you will see that the renting option is more expensive than buying, considering the purchase price only.

Buying A Forklift: If you need a forklift for a long term operation, buying one is definitely your best option. There are many reputable dealers from which you can buy forklifts in Perth This way, you will use your forklift whenever you need it, and you will spend significantly less money. Also, you do not need to worry about the forklift condition, because the responsibilities are all yours, not on the third-party.

Renting A Forklift: Renting a forklift is ideal option for small businesses. Every year, you can rent a new forklift model with the latest technologies included. If you have doubts which forklift model is better, you can rent one for a test period and see if it suits your needs. There are many stores of forklifts in Perth, offering a lot of old and new models of forklifts, with small or large capacities, so you can choose a forklift that suits you perfectly.