There are many Toronto businesses for which a forklift rental makes more sense than purchasing or leasing.
Whether this is because, they require the vehicle for a single project or whether the business performs seasonal work and only uses the vehicles a few weeks or months out of the year, or whether they require a rental while the their own vehicle is in the shop, we can help business owners decide on the lift truck rental that best suits their needs.
We know that you have choices in who you do business with, so we strive to be the best at what we do.
WHY CHOOSE US?
Whether or not you decide to rent a forklift for your business will ultimately depend on your company’s needs and circumstances. And whether you are leaning toward buying or renting, the professionals at Modern Forklift can help you come up with the best solution for your Toronto business.
Signs That You Should Truly Retire Your Forklift
Forklifts are a great investment in a company for the work they do around your company or warehouse. It is therefore easy to understand why a company will want to extract the most of years from an old forklift. This leads to several forklift repairs Toronto in an effort to keep the forklift running. However, it is important to ensure that you know the right time to retire a forklift. This is because an old or faulty forklift can end up costing you a lot. It can also easily turn out to be a safety hazard. Knowing when to replace a forklift early enough is important since it allows you to plan for its replacement. Here are several signs that indicate your forklift is due for retiring:
Cost of repairs and maintenance outweighs the cost of new forklift
When the forklift keeps breaking down and every time in maintenance several parts have to be replaced and fixed a new, the repairs costs keep on piling. Soon you may be forced to replace vital parts of the forklift which could prove costly and when added to the general repairs cost, you find that you would actually save more with a new forklift. The newer forklifts don’t cost much in overhead repair costs and have a more predictable maintenance schedule. When repairs becomes too frequent either due to age or mechanical damage, it is time to do a cost analysis on the repair or replace options.
More downtime than work time
Another factor to determine the state of your forklift is looking at the time spent at the worksite against the time when it is out for repairs and servicing. Aside from the repair costs piling up, when a forklift is not in service it is essentially costing you since you have to hire another forklift. Worse still your productivity may be reduced. Assessing the output of a forklift when in service and out of service is a great way to tell if the forklift is still worth having or you can gain more by getting a new forklift.
Mechanical failure and malfunctioning of critical components of the forklift truck
As the forklift ages so does the parts and some may even begin early. The hydraulic lift and the forks are some of the parts which may start to malfunction and call for repairs or part replacement. When this happens several times then it is crucial that you start planning for a replacement. This is because such incidents can easily result to injury and material damage. For a critical part like the transmission, once it goes off, it is advisable to also retire the forklift instead of looking to replace the transmission.
The dynamic world of technology in transportation and heavy lifting means a lot of changes can happen in just a couple of years. Soon your forklift may not be able to meet industrial standards. This calls for plans to buy the latest forklift and retire the old one.