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Buying a Used Forklift V’s Buying a Chinese Forklift.

Forklifts November 27, 2016

Chinese Forklifts

Its been the last 8 or 9 years or so in Australia that we’ve seen a explosion of Chinese made forklifts on the market.  We’ve taken a look at the Chinese made Forklifts before, and the guiding principle here as with anything is, you get what you pay for, weather you are looking at buying second hand or new

We wanted to take a look at a few things you might want to consider when buying a second hand forklift or buying a Chinese forklifts.

Its really important to compare apples with apple when you looking at purchasing a new Chinese forklift model or a refurbished second hand model.  So make sure you know what you need the forklift for so consider lift height, fuel type e.t.c when looking at your purchase.

As an Example

A new 2.5T Chinese made forklift, with a 3000mm mast, petrol, will retail for about $17 999 at the bottom end and up to $23 000 at the top end of the Chinese product market, and will generally come with a minimum 12 month warranty, (Ask first about what warranty to expect).

A refurbished Hyster H2.5TX model (which is approximately 5 years old) with a 4000mm mast will retail for about $15 000 and you could generally expect a 90 day warranty with it.

There are a few things you need to consider when making the choice

Reliability

Chinese manufacturing is light years ahead of where it was 5 years ago, with most if not all major brands bringing out a Chinese equivalent (Yes think Toyota, Linde, Hyster).  With a lots of smaller forklift companies now running Chinese forklifts in their rental fleet. So are they reliable well in the right application, well yes they can go the distance.

Depreciation

Depreciation is the true hidden cost of a forklift.  Buy a good condition second hand brand name forklift such as a Hyster, you will still get a decent resale figure when you go to sell it down the track.  Meaning that generally they will hold their value.

A new Chinese unit, whilst is cheap, will quickly loose its value at the end of 5 years, you could loose up to 70 % of its value from new.

Backup and Spare parts

There seem to be a never ending number of different forklift companies importing Chinese brands of forklifts to Australia over the years, a lot of that have gone out of business, or have stopped selling Chinese forklifts.

These companies are normally around for 2 to 3 years or until their warranty issues become too much and the Chinese manufacturing company moves on to another importer, you see alot of these companies selling on Ebay.

A forklift is a business tool, and should be viewed as such.  You need to make sure you are buying for the right reasons, and knowing what application you are wanting to use to you forklift in. New Chinese or refurbished second hand, its still an investment, just make sure you look for the obvious things, you need .

  

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