4 Reasons Why It Might Be Better to Rent a Forklift Than Buy One

4 Reasons Why It Might Be Better to Rent a Forklift Than Buy One

Reasons Why It Might Be Better to Rent a Forklift Than Buy OneThe forklift is becoming increasingly essential for companies as it is used for various warehouse operations as well as other purposes. But should you buy it or rent it? If you haven’t considered the option to rent a forklift, then you should because it is cost effective and has many other benefits.

Following are 4 reasons why it might be better to rent a forklift than buy one:

1. It’s Cost Effective

A forklift is an expensive purchase so it can be a huge investment for your company. Renting a forklift can help you save money. If you don’t have a continual or ongoing need for forklift and you think you will use the forklift for occasional or temporary work, then renting it is a more cost-effective and appropriate solution because you will only be paying for what you use rather than paying full amount for an asset that you occasionally use.

2. No Maintenance Costs

You won’t have to worry about any maintenance costs if you rent a forklift. Good forklift rental companies keep their forklifts in tip-top shape, so you won’t have to deal with equipment malfunctions or breakdowns as the rental company will be in charge of it. Maintenance costs can be pretty high when you own your forklift. That’s why renting a forklift can a better option as you can be sure that it is fully operational and if there are any malfunctions, the rental company will replace it with another one.

3. You Can Test and Find the Forklift That Fits Your Needs

Forklifts for rentals are available in a variety of models, each equipped with different features and suitable for certain jobs. This ensures that you get a model that fits your specific needs. Furthermore, you can even test different models if you are not sure which one will work best for you. On the other hand, if you buy a forklift, you take a risk of purchasing something that might not fit your needs or it might not be as helpful as you expected. When you rent a forklift and it doesn’t satisfy your requirements, you can simply return it and rent a different model.

4. Several Additional Benefits

Following are several additional benefits of renting a forklift:
• Short or Long-term Contracts: Depending on the length of your project, you can decide for how long you want to rent a forklift. You can rent it for a week, a month, or even a year.
• No Storage Needed: Since you don’t own the forklift, you don’t have to deal with storage space issues as you will only be using it for your project and you will eventually return it to the rental company.
• 100% Tax Deductible Payments: Since you are renting a forklift, it will be considered as an operating expense. Operating expenses are 100% tax deductible.

In conclusion, there are many solid reasons to rent a forklift instead of buying one. But keep in mind that renting a forklift is only a short-term solution. For a long-term solution, buying a forklift might be a better decision.

forklift rentals los angelesL & L Forklifts provides forklift sales, forklift maintenance, forklift service, and forklift rentals throughout Southern California. With over 35 years experience, we are fully equipped to handle any of your forklift needs, and offer 24/7 emergency forklift repair service. We are efficient and cost-effective, offering the most competitive prices available on all types of repair service, including forklift motor rebuilding, cylinder rebuilding, preventative maintenance and more. Our rentals are in great condition, and our sales inventory offers many makes and models of forklifts for sale at the lowest prices around. Contact us online or call us at (909) 963-6742 if you have any questions or need immediate service. Se Habla Español!