Why Hire a Forklift Instead of Buying One?

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Is the purchase and maintenance of heavy machinery one of your biggest business expenses? If so, a great way to save on costs is to hire a forklift truck rather than buying one.

Casual and short-term hire arrangements are ideal for companies that only require use of a forklift for certain projects. If you need the machinery on-site permanently, long-term hire contracts are also available.

But money isn’t the only reason to consider hiring rather than buying a forklift truck In this article, we’ll discuss eight key benefits of forklift truck hire, so you can decide whether it’s right for your business. Let’s dive in!

1. Low Upfront Cost

Hiring a forklift truck always comes with a lower upfront cost than buying one. Through renting, your business can benefit from the use of high-quality equipment at a fraction of what it would cost to purchase.

If you only require a forklift infrequently – such as to handle the Christmas rush – then this saving will be even more noticeable. The reduced cost will help free up funds for other activities such as marketing, product development or hiring additional staff.

2. Reduced Maintenance Costs

In most cases, when you hire a forklift truck, the price you’re quoted will include servicing and maintenance. This means that you won’t have to spend time, money and resources on the upkeep of your machinery, as you would if you owned it outright.

At TAG Forklift Truck Services, our priority is to keep your forklift fleet running smoothly. That’s why we offer first-class aftercare with our forklift rental arrangements, including preventative maintenance, breakdowns and repairs. Choose between a pre-agreed forklift servicing schedule from 1-5+ years, or a more flexible contract-free option.  

3. Electric, Diesel or Gas: Your Choice

There are three main types of forklift trucks to choose from:

  • Electric forklifts are quiet and emission-free, making them perfect for confined spaces
  • Gas forklifts can be used indoors and outdoors, with no need to be recharged
  • Diesel forklifts are more powerful and are ideal for long-term outdoor use

The right choice for your company will depend on your needs, budget and preferences. However, your requirements may change over time as your business evolves.

Renting provides much more flexibility than buying a forklift truck. When you hire a forklift from TAG, we’ll help you find the perfect machine for the job. If there are changes in your workload or business operations, it’s easy to switch to another type of forklift quickly and efficiently.

4. Benefit from Up-to-date Models

Heavy machinery is constantly evolving. Newer forklift trucks tend to be safer, more efficient and cheaper to run, with better all-round performance.

If you buy a forklift truck, you’ll be stuck with an older model until you replace it. With forklift hire, on the other hand, you won’t need to buy a new one if yours is out of date.  

At TAG Forklift Trucks, we only offer the newest and most up-to-date forklift trucks for hire. We’re constantly updating our forklift fleet to ensure that you’re able to do your job quickly, easily and safely. Our flexible hire arrangements allow you to upgrade your equipment regularly to enjoy the latest technological advances.

5. Safety as a Priority

At TAG, we treat forklift safety extremely seriously – we believe that nothing but the best is good enough. We work with only the best forklift trucks from some of the industry’s most trusted brands, including:

If you’re not sure what to look for, buying a forklift truck can seem daunting. But when you hire from us, our experts will help you find the ideal make and model for your needs. We’ll also ensure that your machinery is regularly serviced, reducing the chance of unexpected breakdowns.

6. Focus on Core Business Activities

Owning your own heavy machinery means dedicating a lot of effort and time to forklift upkeep. Hiring forklift trucks will free up these resources, allowing you to focus on core business activities such as developing products and meeting customer needs.

Hiring can also help businesses plan for the future, as you won’t be faced with unexpected repair costs. This makes it easier to budget for expenses, ensuring that your business is running as efficiently and cost-effectively as possible.

7. Reduced Storage Requirements

Material handling equipment can take up a lot of valuable floor space. If you don’t use your forklift truck regularly, this space may be better used for other things – such as storing stock, materials or other equipment.

One great benefit of casual or short-term forklift truck rental is that the machinery is only on-site temporarily. You’ll have access to larger vehicles whenever you need them, returning them as soon as the project or seasonal rush has ended.

8. Proven History of Reliability

At TAG Forklift Truck Services, we have a proven history of reliability when it comes to keeping our customers’ businesses running smoothly. Having access to well-built and regularly maintained vehicles will allow you to carry out your daily operations with minimal downtime or disruption.

Ultimately, hiring a forklift truck offers many advantages over buying one. By working with us, your business will benefit from access to a variety of different forklifts as well as preventative maintenance and repairs. Let us help you save money, time and hassle with our flexible hire arrangements, so that you can focus on running your business.

To learn more about our rates, code of practice or the models we have available, contact Tag Forklift Trucks today.