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Compare Forklift Features
Much like automobiles, forklift pricing varies widely by brand,
and pricing doesn't always correlate to overall quality and
reliability. Prices can vary depending on geography, your specific
needs, and seller. Top-tier brands typically cost more and offer
technology advantages, better tolerance of abuse and harsh environments,
and greater long-term reliability. Before you start looking
at forklift trucks or talking to dealers, you need to determine
exactly what you need the forklifts to do.
As with any large piece of equipment, safe use should be your
top priority. Make sure you review all the safety instructions
for the forklift you buy before using it.
Forklift capacity: Know typical load weight and size.
How heavy and what size are your typical loads? Forklift trucks
are rated according to how much weight they can lift, starting
at 3,000 lbs and going up to 35,000 lbs and more. 3,000-,
5,000-, and 8,000-lb models make up the bulk of the market,
with 5,000 lb forklifts as the industry standard. The size
of your typical load will affect the capacity you need.
Forklift capacity is usually based on a 24-inch "load
center," meaning that the distance from the center of
gravity to the sides of the load is 24 inches. The easiest
way to think about this is that a forklift can only lift its
maximum weight if the load is a 4 foot cube. If your loads
are unusually long or high, the forklift won’t be able
to safely lift as much. Knowing the typical dimensions and
weight of your loads will allow you to work with sellers to
determine the exact capacity you need.
Also consider variation in your loads. If you constantly produce
identical pallets of products, you know exactly what capacity
you need. However, in a more mixed environment, or one where
the load size changes over time, you may want to buy a truck
with more capacity than you need currently to make sure it
gets the job done now and in the future.
Consider where you plan to use your forklift
How high do you need a forklift to lift a load? If you primarily
use forklifts to load and unload trucks, you may not need
much height; if your warehouse has shelves 30 feet high, your
forklift will need to reach them. Unlike load capacity, your
height needs are unlikely to change over time barring new
construction or major renovations. Buy for the height you
need now. In a warehouse setting, the size of the lift truck
may be an issue as well. Standard lift trucks need aisles
that are 11 feet wide or larger to be able to operate and
turn around. For aisles that are 8 feet to 10 feet wide, you
will need a narrow aisle (NA) forklift; for aisles down to
6 feet wide, you will need a very narrow aisle (VNA) truck.
These narrow aisle trucks have forks that are turned at a
right angle, so they can drive straight down the aisle but
pick up loads to the side.
Tire selection: What
surface will it be operated on?
Cushion tires: Cushion tires made of solid
rubber work best for internal applications. Electric forklifts
designed for inside work typically have cushion tires.
Pneumatic tires: Pneumatic tires inflated
with compressed air cost more than cushion tires, but make
a better choice for outdoor work. For heavy-duty lifting outdoors
on uneven terrain, you'll commonly find gasoline or diesel
forklifts with pneumatic tires.
Solid pneumatic tires: Solid pneumatic tires
are ideal for outdoor environments where there's a high risk
of popping regular pneumatic tires, such as lumber yards or
recycling centers where glass or nails can be scattered. Solid
pneumatic tires combine the solid-rubber construction of cushion
tires with the rough terrain capabilities of pneumatic tires,
and typically cost more.
How long you'll use your forklift each day.
Many dealers offer both new forklifts and used forklift
trucks, so you can compare prices easily. Buying used forklifts
can save you quite a bit up front, usually costing around
half the cost of a new forklift. As a general rule, businesses
that use forklifts for more than four hours each day should
invest in new forklifts.
If the forklift will be used only a couple of hours per day,
you can probably benefit from buying a used forklift. When
the dealer gets a used forklift back at the end of a lease,
they usually recondition it with a new paint job, new tires,
a thorough engine tune-up, and any other mechanical repairs
that need to be made, so you can feel confident in the condition
of the truck. "As-is" forklifts can save you even
more money, but may have original paint, worn tires, and generally
not be in the aestetic shape you would expect.
Forklift Fuel Type
You'll find two main types of forklifts: Electric forklifts
powered solely by an on-board battery and internal combustion
(IC) forklifts, which use a traditional engine that runs on
one of several types of fuel. In most cases an electric forklift
will be more expensive than an identically-rated IC lift.
Operating costs per hour are critical to determining the real
cost of your forklift. This includes the cost of fuel, maintenance,
supplies like oil, batteries, and filters, and the time required
to take care of the truck.
Electric forklifts
Electric forklifts are well-suited for indoor use and use
in well-paved parking lots (not in the rain). They're powered
by large, heavy lead-acid batteries — the same kind
found in your car, but considerably bigger and more powerful.
Electric forklifts have several advantages.
Zero emissions: Electric forklifts produce zero emissions,
an important consideration if you plan to use your forklift
indoors. Of the internal combustion models, only propane-fueled
lifts can be used indoors, and they require very good ventilation.
Gas and diesel-powered models can’t be used inside at
all.
Low fuel cost: Although electric forklifts have a higher initial
cost than internal combustion forklifts (new electric forklifts
can cost 20% to 40% more than similarly rated IC forklifts),
they have a lower cost per hour of operation.
Quieter operation: Electric forklifts produce less noise than
IC forklifts, a big plus indoors.
Long lifespan: Because electric forklifts have fewer moving
parts and are often used in cleaner environments than IC forklifts,
they also tend to have a longer life span.
Electric forklifts have no fuel storage requirements and the
batteries typically provide enough power for one standard
eight-hour shift, which translates into five or six hours
of constant usage. Keep battery downtime in mind. Charging
a forklift battery takes eight hours, plus eight hours of
cooling time before it can be used. Due to this slow charging
speed, if you need forklifts for two or three-shift operations,
you will have to buy extra batteries so you can always charge
the next one. You'll also need a battery charging station.
Chargers should be located in a dry, ventilated, and temperature-controlled
location. If you have multiple batteries, you will also need
special cranes to change them.
Internal combustion (IC) forklifts
Internal combustion (IC) forklifts can handle the largest
loads and are the only choice if you require greater than
15,000 lbs capacity. They typically stand up to certain types
of abuse better than electric forklifts — specifically,
using a forklift to push or tow loads, instead of lifting
and driving — and usually have better acceleration and
top speeds. IC forklifts have a lower initial price point,
but cost more per hour to run than electric forklifts.
Forklifts with internal combustion engines run on a variety
of fuels: gasoline, diesel fuel, liquid propane gas (LPG),
or compressed natural gas (CNG). For indoor/outdoor use, duel
fuel systems are available that let you switch between LPG
and gasoline. You can refuel internal combustion (IC) forklifts
on the fly: simply fill them up at a gas pump or load on new
LPG canisters and your forklifts are ready to continue working
in no time. Of the types of IC engines, fuel costs generally
are highest for gasoline and lowest for diesel, with LPG in
the middle. Fuel costs vary considerably from state to state,
so you should investigate this cost in your area before deciding
which option is best for you.
With some IC equipment, you will have to buy refueling equipment.
For example, gasoline and diesel fuel require you to have
storage tanks and pumps. LPG requires only space for spare
tank storage, which is usually managed by a propane vendor.
The choice between gas, diesel, and propane is often made
based on existing vehicles and equipment.
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Other considerations you should take into account
Safety features. Back-up beepers, flashing
amber lights, headlights, and other safety features are sold
standard with most fork lift trucks. State regulations vary,
but we recommend that you always include them in your shopping.
Ergonomics. They may seem like amenities, but
for employees who will be using your lift trucks all day long,
adjustable seats and comfortable controls can reduce the risk
of repetitive stress injuries and make for a more productive
workforce.
Attachments. You can tailor your lift truck
to better handle specific types of materials: tools to pick
up rolls of cable or steel, tongs for handling 55 gallon drums,
flat panels for lifting items that aren’t on pallets,
and more. Most attachments are standardized so they can be used
on any forklift, so if you only occasionally need to move odd-shaped
loads, you may be able to buy one attachment and use it with
any of your lift trucks.
Sideshift. This very popular option allows
the operator to move the load left and right without moving
the truck, allowing much more precise placement of loads.
Tilt mast. The ability to tilt the mast and
forks forward and back greatly simplifies loading the truck
on uneven ground. Tilting the mast back slightly also provides
greater stability while moving a loaded truck.
Forklift Leasing, financing, and long-term rentals
Because of the high initial cost, almost all forklifts are either
leased or financed. Some manufacturers provide financing and
forklift leasing through their dealers; in other cases the dealer
may have an arrangement with a third-party bank or leasing company.
When manufacturers subsidize the forklift loans or forklift
lease, they often offer very favorable terms; if dealing with
a third party, you may want to compare the financing terms to
what you can get from your own business bank.Another alternative
is the long-term rental. Usually defined as a rental for over
12 months, a long-term rental differs from a lease in that it
is based on a monthly fee and can be cancelled at any time after
the minimum. With a lower monthly rate than short-term rentals
and all regular maintenance included, long-term rentals can
be an economical choice for temporary projects or contractors.
Service plans
With an expense of this magnitude, it only makes sense to purchase
adequate protection for it. The majority of forklift buyers
choose a preventative maintenance (PM) plan. These PM plans
cover oil and filter changes, transmission servicing, and general
check-ups at regularly scheduled intervals. Unless you have
an in-house mechanic to perform these maintenance tasks after
every couple of hundred hours of operation, it makes sense to
lean on the dealer’s expertise. For an additional cost,
you can also purchase a full maintenance plan — one that
covers any breakdowns or repairs that are needed. For a new
forklift, you probably won’t need this type of coverage
— you will likely have very few breakdowns in the first
couple of years. On older equipment, it may be a useful insurance
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