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Like most equipment, the price of a forklift depreciates substantially as soon as it's been in use but that does not mean that it's value depreciates. A day-old lift truck is just as good as a new one but commands nowhere near the original price. That depreciation can be used to good advantage to companies who shop for used equipment. Companies get much better value for their money when buying used over buying new.
If used forklifts are as good as used, you may be wondering why a company would sell off functioning equipment. Lift trucks are rugged machines and give many years of service. As businesses scale back they often sell off use equipment to cover costs. Or an organization might be upgrading to a later model so needs to sell off the older models. If you buy a forklift from another owner you save a lot of money and can still get a sturdy and reliable machine. To know more check out: http://www.stysinc.com
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