At The Home Depot Rental, we offer top-of-the-line forklift rentals to meet all your lifting and moving needs. Our forklifts are designed for versatility and durability, ensuring that you can handle any job with ease.
Advantages of Buying a Forklift Purchasing forklifts is generally provided a better return on investment compared to long-term rentals since rental fees are higher than monthly financing costs. Customization – Buying a forklift means you have ownership of it, similar to owning a car.
The answer depends on your situation. Leasing equipment can be a good option for business owners who have limited capital or who need equipment that must be upgraded every few years, while purchasing equipment can be a better option for established businesses or for equipment that has a long usable life.
Forklift leases can range from 12 to 72 months. But the most common duration is 36 to 60 months. Forklift lessees generally chose the duration of the lease based on the application. For example, if it's a high-usage application, they'll often choose a shorter term lease.
The average lifespan of a forklift is 10,000 hours. It's also important to mention that it's common to see lift trucks last more than 20,000 hours from higher-quality brands, such as Toyota.