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Guide for the Rental Forklift Customer

With all the various types of material handling machines and equipment including pallet jack rentals, walkies, leases, and powered fork lifts driven by diesel, electric, or gasoline motors it is easy to get confused as to which will best suit your needs. Here is a short guide to making the right decision. with load capacities ranging from 2,000 lbs to larger capacities of 35,000 lbs.

Fork Lift Rental & Leasing Tips

The majority of forklifts are either financed or leased due to the high initial price tag of owning a forklift. Certified dealers often provide these financing options which are in turn backed by their respective manufacturers. Other dealers may have chartering agreements with a leasing company or even with a third-party bank. Once these manufacturers begin subsidizing the loans and lease for their forklifts, they often tender to their clients a very favorable term of agreement. Ensure you are getting the best deal by talking with your own financial institution about other loan options you may have.

Rental Forklift Agreements

A very popular alternative choice leasing a forklift is through a long-term rental agreement. This long term rental arrangement is one that is specified to hold out for 12 months or longer.

This long-term rental is different from a lease in the fact it is established on a monthly fee payment and can be cancelled any time after the minimum rental agreement. Long-term forklift rentals can be an economical choice for contractors with temporary undertakings due to lower monthly rates than short-term rentals while including regular maintenance services.

Forklift Rental Servicing Options (PM Plans)

When it comes to owning such a valuable piece of machinery, it may be sensible to buy a warranty plan. The bulk of forklift purchasers opt for a preventative maintenance (PM) plan. Here are some features usually included in manufacturers PM plans:

  • The PM plans provide coverage on all oil and filter changes, transmission maintenance, and comprehensive routine check-ups scheduled at regular intervals.
  • It is recommended that the dealer's recommendation for subscribing for the PM plan unless you are capable of repairing and performing maintenance undertakings routinely on the forklift.
  • Usually for an additional fee, a full maintenance plan is available for purchase. This plan covers any damages or reparations that are required.
  • The PM coverage is unlikely needed for a brand new forklift due to increased dependability of modern forklift machinery