Forklift Dealership or Private Seller? Where to Buy a Used Forklift
Over the past decade, the Internet has transformed into a virtual marketplace and serves as the most successful venue for consumer product sales and distribution. From toilet paper to automobiles, the sky is the limit for buyers and sellers across the globe. Sellers don’t need fancy storefronts or even company websites; they simply need Internet access and an account to websites like Craigslist or eBay. Forklift rentals, scissor lifts and other warehouse fork lift trucks are some of the most popular products advertised because most businesses need a forklift at one time or another. While online classifieds are a great avenue to purchase textbooks or handmade goods, is it necessarily a wise choice to purchase that old $3400 cushion tire forklift from “[email protected]”?
Buying Forklifts From A Private Seller
A private seller typically has one or two forklifts for sale. They may not necessarily make a business out of selling and their main objective may be to make some extra cash. The lure of buying a forklift from a private seller is the price; it’s not uncommon to find a decent looking forklift for under $5000. These lifts are usually older models (20+ years old) with several thousand hours and a handful of technical issues. If you are an experienced forklift operator or service technician, you may find yourself a steal if you don’t mind the extra work to fix it up. A few splashes of paint and you might even be able to make her look brand new. Don’t expect the private seller to explain the mechanics of the forklift; he will not be a viable resource to determine if his forklift best suits your warehouse. The private seller’s goal is to get the best offer and may drive a hard bargain.
Buying Forklifts From A Forklift Dealer
Forklift dealerships offer a wide range of used forklifts, rentals and forklift parts. While you may not want a tour of the facility or listen to a sales pitch, sales representatives are forklift experts and will survey your own warehouse to determine what model you are best suited for. Unlike private sellers, forklift dealerships supply forklifts with various equipment types, weight capacities, fuel engines, and reach heights.
The price of a new forklift is twice the cost of a used model. Used forklifts are refurbished by the dealership then resold at retail value. While the dealership may drive a hard bargain upfront, their prices are always negotiable. To get a good deal from the dealership, compare models and prices of forklifts from 2 or 3 other dealerships. Outlining the product and services these dealerships provide will provide leverage when negotiating.
Forklift dealerships offer product warranties and financing options on both new and used forklifts. Warranties typically last 1-2 years with the purchase and often include service contracts for minor repairs. Contingent on the forklift type, brand, year, number of hours and overall condition, forklift dealership prices range from $6-30,000. Perks from higher prices include the warranties, service contracts, customer service, and expert advice.
There are countless pros and cons of purchasing a forklift from a private seller and or forklift dealer. To determine which avenue is best for your warehouse, compare multiple models and prices from at least 4 sellers. The Internet is host to hundreds of websites showcasing forklifts for sale so consider all of your options and consult with your staff in the decision-making process.