Top Reasons to Hire a Forklift Instead of Buying

Whether you need a forklift for a large, long-term project or just for a few days on a demand basis, it can sometimes be financially and logistically sound to hire a forklift than to purchase one. Many businesses who own a warehouse facility in Melbourne are tempted to purchase a forklift – after all, there’s tax deductions, customisations, and a return on investment to enjoy.

However, this doesn’t mean that you need to ‘fork’ out (excuse the pun) a lot of money to purchase one. In fact, hiring a forklift is fast becoming a more popular option. Confused? Here are the top five reasons why you should hire instead of buy a forklift.

1. You can test new forklifts models each year

Forklift technology is constantly improving, with manufacturers finding new ways to make their next model more efficient in order for you to finish your tasks. When you hire a forklift, you can always have the latest, most up-to-date model in your arsenal – all without having to constantly spend money on upgrades, or settling for lesser machines. If it’s flexibility you’re seeking and the latest model, you’ll get that with a rental forklift.

2. You can try before you buy

You can read all the reviews online, ask your friends, or get advice from other business owners, – but when it comes down to it, nothing beats first-hand experience. When you rent a forklift, you get to test them out to see which one best suits your warehouse, your space, and your needs. If you’re not satisfied after the rental period ends, you can simply wipe your hands clean and choose another forklift. 

3. Less initial cost

By renting your forklift, you can keep in the black when it comes to your budget for your project – and you can still take advantage of top-of-the-line machines. When you buy a forklift, you’re looking to spend a lot of (albeit necessary) money at the outlay.

4. Accommodate to peak times

Every business experiences a quiet lull in their operations when it’s off-season or not at peak times. If you buy a forklift, you run the risk of your unused machine gathering dust and costing you money. You can hire a forklift during unexpected demands and return it once the project has been completed and there’s nothing else in the pipeline.

5. Emergency replacement

There’s nothing worse than your purchased forklift breaking down during the middle of an important job, and these things can and do happen. When you hire a forklift, you can be sure that it’s been well-maintained and won’t break down, as it’s most likely already been serviced before being handed over to you.

Hire a forklift in Melbourne