• RED FORKLIFTS PTE LTD

WHEN TO CHOOSE A FORKLIFT RENTAL VERSUS PURCHASE


WHEN TO CHOOSE A FORKLIFT RENTAL VERSUS PURCHASE

When production at your company begins to gradually increase or a short-term project is announced, whether or not to invest in additional forklifts is a key question. Use these questions to determine if you should choose a forklift rental versus purchase.


FORKLIFT RENTAL VERSUS PURCHASE

Has the increase of business been caused by a particular event?

Almost every company has been touched by the economy and experienced a decrease in operation, so it is exciting to have an increase of business. However, it is important to research the reason for this increase and understand why it is happening. If you cannot determine with certainty the increase is permanent, renting forklifts is your better option. Forklift rental allows a short-term commitment, obligating your company to only a monthly, weekly or daily expense. Use a forklift rental to maintain peak levels of productivity to ensure your customer orders are met.


What is the length of the short-term project?

Short-term projects may be internal or brought on by a customer request. It is important to determine the length of the project and obstacles that can lengthen or shorten it. If your project is planned to be 6 months or longer, you may find a benefit to purchasing a forklift. Dollars used for the monthly forklift rental can be invested into a purchase of a new or used forklift.


Do you need a specialty forklift?

While some companies have a need for a mixed forklift fleet, your equipment may be standard for your operation. If a specialty forklift is needed for a project, a forklift rental allows flexibility to have access to equipment you would not normally purchase. Only consider a forklift purchase if the equipment can be used with long-term, daily operations.


Did your company set aside budget dollars for a forklift purchase?

Most of us are being cautious about budgeting and setting aside dollars only for immediate needs. If business has been unpredictable, more than likely your company did not set aside budget dollars for a purchase. Keeping a forklift rental as your option decreases the risk of not having the cash flow you need for other projects or emergencies.


Feel free to contact us at 6366 4173 or email us at sales@redforklifts.com.sg for your rental requirements now.

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Tel: +65 6366 4173 | Fax: +65 6367 2117

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OPENING HOURS

Mon - Fri: 9am - 7pm

Sat: 9am - 6pm

OVER 35 YEARS EXPERIENCE

We have been in the forklift business for over 35 years.

 

We are always committed to provide value services to our customers. 

OUR SERVICES

-Maintenance servicing

-Repair (On site / Offsite)

-Overhaul

-Rental ( Forklift & warehouse equipment )

-Trade in of used forklifts

-Sales of New & Used Forklift

-Rental of scissors lift

-Rental of boom lift

-Sales of New & Used  Work Platform

VISIT US

67M Tuas South Avenue 1
Seatown Industrial Centre
Singapore 637516

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