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Buying is a great choice if you need the equipment long term and you want complete control over hour usage. Leasing is a great option if you want to turn your equipment in a shorter set period of time and help control long-term maintenance costs. Renting is the best choice for seasonal or short-term applications.
Forklifts need service every 200-250 hours or every 6 months (whichever comes first).
Pneumatic tires should be replaced when you see bald spots, when chunking occurs, or you see cracks or splits. Cushion tires should be replaced when they are down to the wear line or approximately 2/3 of the original size.
There are two main factors that determine the price:
It depends on whether you are purchasing a new, reconditioned, or a used forklift battery. In today's market, new forklift batteries can cost anywhere between $5,000-$12,000. Good used, and reconditioned batteries typically go for $4,000-$7,000.
The IRS allows for Section 179 depreciation on tangible property, including forklifts, used in a business or income-producing activity. Your customers should see IRS Pub. 946 for more information and restrictions and consult a tax advisor.
We pride ourselves on delivering prompt, reliable, and helpful service.