What You Really Need To Know About Forklift Maintenance

by Robbie on February 13, 2015

forklift maintenanceIn the current economy, businesses need to watch every dollar they spend in all avenues of their business. For those businesses that require a forklift to move goods around, having a forklift in their business is a cost they need to budget for. But forklift maintenance is one area that any business has control over, and can do things that will impact the bottom line of any business.

As a business if you need a forklift for your operation, you really have two choices, you can hire a forklift or you can outright purchase a forklift that suits the needs of your business. Let’s take a look at the difference in forklift maintenance in both hiring and owning a forklift :

Hire a forklift

If you are hiring a forklift, apart from it being a 100% tax deductible operating cost for your business. The day to day maintenance requirement is handled by Nationwide Sales Service and Rental as our responsibility. It is generally referred to as fair wear and tear, meaning the equipment manufacturers recommend servicing requirements and any breakdowns that might occur are done by us.  So those servicing costs and breakdowns, are all included within the weekly hire rate.

The only maintenance requirement not covered under a forklift hire arrangement is any operator damage that might occur. Operator damage means any physical damage to the forklift that has occurred due to operator negligence or abuse. Once we identify any damage to the forklift, we provide a repair quote, once agreed upon that forklift is repaired and charged back to the hirer.

Under this arrangement full work place health and safety records are kept by Nationwide Sales Service and rental, so recorded keeping is one less thing that you need to be worried about.

Purchase a forklift

When you purchase a forklift, the owner is responsible for all forklift maintenance, that means all servicing, breakdown and operator damage.  Mostly forklifts will have a 250 / 500 or 3 monthly service requirement, a lot of times, most businesses don’t even come close to those sort of hours in a 3 monthly service requirement, so its fine to push back a service. But you must have your forklift serviced at least once in a 12 month period.

Unfortunately, forklifts will break down as well and usually at the worst possible times, you also need to factor this in to the purchase vs. hire argument. Depending on the nature of the break down, sometimes forklifts can be non-operational for days or weeks at a time. You need to still be able to cover your operational requirements to move product in your business. You might be stuck with having to hire another forklift to cover the downtime of your owned unit.

Sometimes owning a forklift is a smart choice for a business, Nationwide Sales Service and Rental also can offer a 12 month fixed price preventative maintenance agreement, so your business will know what servicing costs to expect over a 12 month period.

Forklift Maintenance is a really important thing to consider when deciding to either hire or purchase a forklift. It needs to fit well into you operational requirements of your business, a business needs to budget and allow for forklifts breakdowns to occur.

{ 1 comment… read it below or add one }

Brian April 13, 2015 at 7:03 pm

Good rundown on how to realistically determine the forklift needs of your business. Thanks for sharing.


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