Top Reasons to Buy a Used Forklift Truck Instead of New

Let’s be real—buying a forklift is a big deal. Whether you’re running a warehouse, a construction site, or a manufacturing plant, forklifts are the backbone of your operations. But when it comes to choosing between a new forklift and a used one, the decision isn’t always as clear-cut as it seems. 

A lot of businesses hesitate, thinking a new machine is the only reliable choice. But here’s the truth: buying a used forklift truck can actually be a smarter, more cost-effective decision—and we’re going to break down exactly why that is.

Cost Savings: The Biggest Advantage

One of the biggest reasons people opt for forklift trucks used instead of new ones? The price. 

• New forklifts come with a hefty price tag, and unless you have an unlimited budget (which, let’s be honest, most businesses don’t), a used forklift can save you a significant amount of money. 

• That extra cash can be used for maintenance, hiring skilled operators, or even expanding your business.

• If you find a well-maintained one from a trusted dealer, you’re basically getting the same functionality at a fraction of the cost.

Faster Return on Investment (ROI)

• Businesses don’t just buy equipment for the sake of owning it—they want a return on investment. With a used forklift, you’ll reach profitability faster because you’re spending less upfront. 

• If your goal is to increase efficiency without draining your capital, a used forklift is a no-brainer. The less you spend, the quicker you start seeing positive returns.

Depreciation Benefits: Avoiding the Biggest Hit

• The moment you drive a brand-new forklift off the lot, it starts losing value—just like a new car. The first few years are when depreciation hits the hardest.

• By purchasing a forklift truck used, you’re letting the previous owner take the biggest depreciation hit while you enjoy a machine that still has plenty of productivity left.

Reliability & Proven Performance

• There’s a myth that used forklifts are unreliable. But think about it—many used forklifts come from fleets that have been meticulously maintained. Large companies replace their forklifts regularly, not because they stop working, but because of upgrade cycles. 

• This means you can get a forklift that has already proven its durability, has been tested in real work conditions, and still runs like a champ.

Immediate Availability

• Need a large-capacity forklift right now? Buying used means you can get one immediately. New forklifts often come with long lead times, especially if there are supply chain delays. 

• Instead of waiting weeks or even months, you can have a used forklift ready to go within days—keeping your business running without unnecessary downtime.

Ideal for Low-Usage or Backup Needs

• Not every business needs a forklift running 24/7. If you only use a forklift occasionally or need an extra machine as a backup, buying a new one doesn’t make much sense. 

• A used forklift truck is a perfect fit for businesses that need reliable equipment without the high costs. Plus, if one of your primary forklifts goes down, having a backup unit can be a lifesaver.

Eco-Friendly Choice: Sustainability in Action

Choosing a forklift truck used isn’t just good for your budget—it’s good for the environment too. 

• Every time a used forklift gets a second life, it reduces the demand for new manufacturing. 

• That means fewer raw materials are consumed, less energy in forklift trucks is used in production, and less waste ends up in landfills.

• If your company is aiming to be more sustainable, this is a smart way to contribute to greener business practices.

Conclusion

At the end of the day, buying a used forklift isn’t about settling for second best—it’s about making a strategic business decision. The cost savings, quicker ROI, lower depreciation, and proven reliability make used forklifts an excellent choice for many businesses. 

Whether you need a machine right away, want to cut costs, or are looking for an eco-friendly option, PRG Equipment can get you all things. Their forklift truck can be the perfect solution.

FAQ’s

1. Are used forklifts as reliable as new ones?

Ans: Absolutely! As long as you buy from a reputable dealer and check the maintenance history, used forklifts can be just as reliable as new ones.

2. How do I know if a used forklift is in good condition?

Ans: Check the hours of operation, maintenance records, and overall condition. It’s also a good idea to have a professional inspect it before purchase.

3. What’s the best place to buy a used forklift?

Ans: Look for trusted forklift dealerships, online marketplaces, and even auctions where businesses sell their well-maintained equipment.

4. Do used forklifts come with warranties?

Ans: Some dealers offer warranties on used forklifts, so it’s always worth asking about coverage before making a purchase.

5. Is financing available for used forklifts?

Ans: Yes, many dealers and financial institutions offer financing options for used forklifts, making it easier to invest in one without a huge upfront cost.

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