In this article, you’ll learn: 

  • The benefits of leasing a forklift
  • How it can help your business grow 

Is a ForkLift Lease the Next Way To Stay Competitive?

If you find yourself in a highly competitive industry, you know the importance of adopting the latest technology while still remaining flexible. As your business grows, you might need a fleet of forklifts to keep up with demand. You may run into the downside that comes from owning equipment with aged technology. Companies that choose used forklifts  will avoid getting stuck with out-of-date equipment that can hurt productivity. In the long run, this is how they are able to remain competitive.

Our customers who rent a forklift get the benefit of upgrading to the latest technology from Toyota, reduce downtime, and preserve capital that can better be served to grow other areas within their company. These benefits are why the Equipment Leasing & Finance Foundation reported that 79% of businesses used at least one form of financing to acquire equipment.

Top 4 Advantages of Used Forklift Sales 

  1. Planned Equipment Replacement –You can pick between a short or long-term lease based on your operation’s needs. A short-term lease allows companies to replace equipment faster, which is important to companies with high throughput and who quickly put more hours and wear on a forklift.
  2. Latest Features and Technology – Leasing forklifts allow operations to build fleets customized with the latest technology. Keeping a rotating stock of new up-to-date forklifts will keep your facility productive and have the latest Toyota technology.
  3. Flexibility – Once a lease term is over, you have the benefit of quickly adjusting your fleet size, upgrading to a higher capacity model, or changing terms. A lease will allow you to adjust your equipment to fit the direction your business is headed.
  4. Lower Monthly Costs – Retain more cash by leasing. Lease payments are often lower compared to loan payments or renting the same model.

Additional Reasons to Lease a Forklift

  • Leasing will reduce the possibility of costly repairs from aging equipment.
  • Leasing a forklift allows you to pay very little to zero cash upfront.
  • Pay only for the hours the forklift gets used when leasing a forklift.
  • Leasing provides predictable monthly payments, ideal for companies facing uncertain future cash flow.

    All businesses expect to flourish, creating a need for change that will support that growth. As demands increase, it’s crucial to have a forklift fleet that is flexible and adaptable to changes. Leasing forklifts allow for automatic and consistent replacement cycles determined by the lease terms that best fit your growth plans.

    If you have questions about leasing forklifts, we can help! Contact us online or call one of our branches listed below.

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