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Page 1: When to consider NEW When to consider USEDlillyforklifts.com/wp-content/uploads/2020/05/NEW-vs-USED-clk.pdf · When to consider NEW When to consider USED Multi-shift operation where

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When to consider NEW When to consider USEDMulti-shift operation where each shift consists of 8 hours of operationSingle shift operation where lift is in use more than 6 hours per dayWhen your company prefers to lease equipment every 24-36 monthsRequire newest technology available.Safety concerns at a premiumHigh hour usage Very busy warehouse operation

Lift will only be in use for a few hours per day Used no more than 5 days a week Used no more than 5 hours a dayUsed on a single shift daily or only used on occasion Not part of a heavy duty, non stop warehouse environmentAdding an additional lift as a back upWhen funds are limited

Benefits of NEW Benefits of USEDBrand spanking new means they still have the “NEW CAR” smell!!! Full factory warrantyShould have little to no downtime (unless the application is severe)FMV rates are great!Full maintenance rates are lower

Potentially significant cost savingsSome major brands offer extended or “Certified” used warranties.They have the “USED CAR” smell!!!Most can still be financed and/or leased!Significant reduction in delivery “Lead Time”.

Whom you buy from!!! Purchase from a reputable dealer, especially from one with a good name and long tenure. You don’t stay in business long by “cheating” people! Remember, the internet can be full of “con-men”. Sometimes paint on a forklift is like “lipstick on a pig”!!!

The cheapest price! Remember what your grand dad said… “you get what you pay for” & “nothing in life is free”. Oh and this one too… “if it seems too good to be true, then it probably is”.

Additional costs:Freight. If you purchase a lift over the internet, then you will have to pay to have it freighted to you. Find a dealer near you if possible. Many reputable dealers will include freight or “delivery” as a part of the deal.“AS-IS” units: Not all AS-IS are bad. Sometimes they are much lower cost. However, remember, when you have a significant cost savings, then be prepared to spend it on service and/or parts. There's a reason its less expensive.“Reconditioned” lifts:See previous statement about “lipstick on a pig”. There are some who simply slap paint and tires on a worn out lift and sell if cheaply for a quick profit. Its not unheard of for some resellers to adjust the hour meters to misrepresent the quality of their product! Is that really what you want? Conversely, there are many resellers who do an excellent job of reconditioning the equipment they represent, and those are the organizations who have “tenure”!“Good” batteries:Something to remember with electric lifts are the batteries. They are very expensive to replace ($2000 - $7500) and just because they say it has a “good” battery, doesn’t mean it is.

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