Hey there! I recently helped my cousin out with his landscaping business. Let me tell you, wrangling forklifts can be a whole thing – especially when you're starting and don't have a ton of cash to throw around.
His business was booming, but he needed a forklift to move all those bags of mulch, pavers, and lumber. We started brainstorming, and quickly realized there were two main options: leasing a forklift or buying a used one.
Leasing: Like Renting, But For Longer
Forklift on lease felt a bit like renting an apartment – you get to use it for a set period (usually a few years) with a fixed monthly payment. This can be a good option if:
- You need a forklift for a specific project or for a seasonal upswing in business. No point buying a whole forklift if you only need it for a few months, right? Leasing gives you the flexibility to scale your equipment up or down.
- Predictability is your jam. Monthly lease payments are like clockwork, making it easier to budget for your equipment costs.
- You want a shiny new (or nearly new) forklift. Leasing companies typically offer newer models with all the latest bells and whistles.
My cousin was leaning towards leasing at first – the predictability of the payments appealed to him. But then we started exploring the world of used forklifts...
Buying Used: Pre-Owned Power at a Discount
Let me tell you, there's a whole market out there for used forklifts in New Zealand! It can be a great way to save some money upfront, especially if you're just starting out. Here's what to consider:
- Finding the Right Fit: There are tons of used forklift for sale NZ out there, with different sizes, capacities, and fuel types (diesel, electric, LPG). Do your research and make sure you get one that can handle the weight and workload you need.
- Inspection Essentials: Don't be shy! Before you buy any used forklift, get it inspected by a qualified mechanic. They can sniff out any potential problems and make sure you're not inheriting a headache (or worse, a safety hazard).
- Seller Savvy: Look for reputable dealers who specialize in used forklifts. They'll often have a good selection, provide some form of warranty, and might even offer servicing options.
In the end, my cousin decided to buy a used forklift. He found a well-maintained diesel model from a local dealer at a great price. It wasn't brand new and shiny, but it fit his needs perfectly and freed up some cash for other business essentials (like those fancy landscape design tools he'd been eyeing).
Here's the takeaway: There's no one-size-fits-all answer when it comes to forklifts. Leasing offers flexibility and predictability, while buying used can save you money upfront. Weigh the pros and cons, consider your specific needs, and don't be afraid to shop around before making a decision!