FORKLIFT RENTAL SINGAPORE
Providing Value Service Since 1979
Forklift Rental For Your Operation In Singapore
We find that some of our customers have a difficult time deciding whether to rent or buy their forklift or lift truck. With all the different options out there, it isn’t always clear whether the right choice is to buy new, buy used, lease, or rent your material handling equipment. There are a number of different variables for your management team to consider and the aim of this blog is to help identify some of these questions you’ll need to ask yourself, as well as discussing some pros and cons of each option.
Like any other investment deciding whether to buy or rent a forklift comes down to a cost analysis. Cost issues you need to consider include how much you have available to spend up front and monthly, how long you can afford this cost, maintenance costs if a problem arises, and interest rates if you plan on financing the costs.
Going hand in hand with your cost considerations should be your usage considerations. Beyond determining whether you’ll need the forklift for a few days, months, or years, you’ll also need to consider how often you’ll be using it, what uses you need it for, and whether or not your business will function without one in case of a maintenance problem. Will the maintenance occur on location by an employee or will you need forklift service professionals like our team at RED FORKLIFTS PTE LTD
Purchasing or Renting
When you can answer the initial questions above, you can determine whether or not you’d be better suited for buying or renting your forklift.
Buying a new forklift is best suited to those who have heavy and frequent use. There is a relatively consistent cost you can plan for each month, and you won’t need to worry about service since the forklift is brand new. You’ll need a significant upfront investment or good credit though, and as the equipment ages it won’t be getting the newest and best tech.
Buying a used forklift may save you some money in the beginning, and as long as the forklift is in good working order the long-term ongoing costs could be less than leasing or renting. You will be missing some of the newest technology advancements once again, and will need to ensure that all current OSHA standards are met.
Renting a forklift or lift truck is a much lower cost up front, and you can plan on a consistent cost each month as long as maintenance is not required. This also allows you to have access to the most up-to-date equipment and technology. If the forklift starts to get dated, you can look into renting a newer model. You’ll continue to pay for the rental in perpetuity though, so if your job is long-term or the equipment is necessary for the day-to-day operations you may consider buying instead.
Call us today to discuss your requirement and get answers to all your questions. Just dial 6366-4173 or email to email@example.com
Visit our website at www.redforklifts.com.sg
We provide onsite / offsite repair & servicing of forklifts, scissor lifts, boom lifts and general machinery anywhere in Singapore
Wide range to pick from at a highly competitive price. We provide customized solutions to suit project needs of our valued customers in Singapore
We buy and sell premium new/used forklifts in Singapore to meet your business requirements.
OFFERING YOU THE BEST SOLUTION FOR YOUR FORKLIFT NEEDS.
Customers satisfaction had and will always be our top priority.
We believe strongly in building a long term relationship with our customer.
We are open 6 days in a week.
Have a urgent situation at hand ?
Just call us and we will be there for you.
Pay for only what is required.
We will always offer the most cost effective solution.
Our highly experienced mechanic are master in their craft.
Rest assure that the right diagnostic will be made and the problem resolved fast.
+65 6366 4173
Call us regarding your equipment needs. We will advice you on a suitable solution to meet your requirement
*For Repair/Service/Parts please provide us with the following information. Machine BRAND, MODEL and SERIAL NUMBER