Renting or Buying Lifts: Financial Tips

By Dan Hounsell, Editor  
OTHER PARTS OF THIS ARTICLEPt. 1: Scissor Lifts and Telescopic Booms: Know the DifferencePt. 2: Lift Specification: Ask the Right QuestionsPt. 3: This PagePt. 4: Lift Maintenance Guidelines

Manufacturers offer these financial tips to managers selecting lift equipment to make sure the investment pays off.

First, do not buy on price alone. As with many purchases, trying to save a few hundred dollars up front can cost more in the long run. Instead, focus on choosing a quality dealer and getting a lift that meets workers’ needs.

Second, watch the warranties. Managers can expect a basic manufacturer’s warranty on new aerial lifts. As with cars, some subsystems might come with longer warranties: two or three years on the power train, for example. Used lifts will rarely come with anything more than a 30-day guarantee, and used lifts often are sold “as is.”

Finally, Disser offers a final financial strategy when renting. Check out the daily, weekly and monthly rate for the lift in question, and bundle as many projects together as possible for the rental unit. This approach saves individual rental fees and curtails pickup and delivery fees, which are rising because of rising fuel prices.

Says Disser, “Delivery and pickup fees today could exceed the cost of the rental.”

Continue Reading: Tall Task: Selecting the Right Lift

Scissor Lifts and Telescopic Booms: Know the Difference

Lift Specification: Ask the Right Questions

Renting or Buying Lifts: Financial Tips

Lift Maintenance Guidelines

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  posted on 7/1/2008   Article Use Policy

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