There is a considerable demand for forklift capacity, and depending on your requirement, the cost of renting a forklift short-term can keep costs down if you’re able to secure a cost-effective weekly or monthly rate. Short-term rentals are ideal for:
- Substituting existing lift trucks that are being serviced or out for repairs.
- Meeting a provisional demand for extended reach or high capacity.
- Meeting seasonal needs.
- Retaining productivity until you have enough money in your budget for buying a new one.
- Testing different models to determine which one is best according to your needs.
Forklift Rental Costs Are Short-Lived
A passing expense of renting a forklift offer decision-makers the flexibility of administering the budget. Not all businesses have the resources to immediately purchase a new forklift principally with these factors in question:
- Does your business need more flexibility in the budget?
- Will you be requiring more capital to expand the business?
- Will the forklift dealer take care of the maintenance?
- Do you require guaranteed uptime (with a comprehensive maintenance option)?
How Much Will It Cost To Rent A Forklift?
If this is the first time, you’re considering lift truck rental in Winston-Salem, you may be taken aback at the tangible forklift rental cost and how economical it can be. However, according to statistics, many companies who own their own fleet tend to retain their forklifts longer than is financially viable. It often happens that in many cases, it is to the extent that they’re spending more capital on keeping the fleet operational than the actual fleet is worth. For short-term upgrades, you can opt for industry-leading lift truck at less cost.
Understanding The Rental Agreement
If you’re contemplating on going beyond a short-term rental, make sure you’re getting the most out of your forklift rental agreement. Once you’ve established your lift truck requirements, you can use the following specifics:
- The need for extra forklift features such as attachments, lights, or alarms.
- Review the battery charger requirements for renting an electric lift truck with batteries. Some forklift batteries need chargers that are hard-wired and may have to be professionally installed. Make sure you are discussing the battery and charge specifics with your local dealer to understand your possibilities.
- Determine beforehand the timeline of your rental since rental rates can be applied differently. Being specific about the time period can cost you less money by obtaining reduced long-term rates or lowering the term of the rental to the most close-fitting time period.
- Be clear about the charger for overtime when the forklift is utilized beyond the general eight-hour workday, forty-hour week and hundred and sixty-hour work month.
- Familiarize yourself with charges for any damages and the review process when you’ve received and returned the lift truck.
- Check your insurance policy. Even though a dealer insures the equipment, you must inquire whether your insurance policy covers the operator, other individuals at the facility and the workplace in case of property damage or personal injury during the time when the forklift was operational.