Should You Buy a Used Lift Table?
Are you in the market for a lift table to enhance your material handling process? Deciding whether to buy a new or used lift table is a tough call. There are a number of options to choose from and many variables to consider. For example, type of lift table, frequency of use, and intended application are all key factors in determining if a new or used lift table will meet your needs.
As with any major acquisition, certain questions should be answered well in advance of purchase. This is especially true when it comes to pre-owned material handling equipment. Here is what you
need to know before taking the plunge and making that big investment.
Do Your Research on Used Lift Tables
In order to find the right piece of equipment and ensure maximum return on investment, try to research the product and the company itself.
- Find a reputable dealer with a professional website and positive reviews.
- Ask for an inspection prior to purchase.
- Request a copy of maintenance records.
- View the lift table in person.
Consider the Cost of a Used Lift Table vs New
It is important to remember that the cost of purchase may not necessarily negate the cost of repairs. While price point is an important consideration, you must set realistic expectations regarding performance and longevity.
- Choose a used lift table for sale in the range of 50% off the original price (anything more than 50% off may signal poor quality).
- Weigh the pros and cons of the initial investment versus potential repairs.
- Calculate the difference in life expectancy based on the age of purchase.
- Remember to shop around and compare prices between reputable dealers.
Mitigate Any Risks
This is the time to reflect on your own unique situation. In other words, what are the specific needs of your company and does a used lift table match these goals? Ask yourself the following questions:
- How often are you planning to use the lift table (and are replacement parts readily available on the market)?
- Are you an established business with built-up capital or just starting out (and looking for a way to get ahead while saving money)?
- Does the lift table meet your basic needs (without customization)?
- Do you have other assistive technologies to support operations (or will this be your sole, and therefore, most critical purchase)?
All these considerations should be taken into account when deciding whether to buy a used lift table. You may also benefit from looking at the advantages and disadvantages of purchasing a used lift table.
Advantages of a Used Lift Table
- Affordability – As long as you have done your research and there are no unexpected repairs down the road, a used lift table is more affordable than a brand-new model. A second-hand purchase of quality equipment from a reputable company might just save you money and boost your bottom line.
- Proven Track Record – If a used lift table worked well for the previous owners (and you have the maintenance records to prove it), odds are that this piece of equipment will continue to perform at high capacity. Why mess with success?
- Ecological Choice – The more we can reuse, recycle, and repurpose older equipment, the better for our environment. Giving a second life to a used lift table is a great way to go green
Disadvantages of a Used Lift Table
- Longevity – Depending on the age of a used lift table at the time of purchase, longevity may not be in the cards. You can reasonably expect that used material handling equipment will not last as long as a newer model.
- Lack of Protection – If the warranty has expired on a used lift table, there is nothing to protect you should things go wrong. This can create greater expenses in the long run.
- Generic Model – When choosing a used lift table for purchase, you should always ensure that it meets your basic needs. With that said, a new lift table can often be customized for specific requirements. This is not typically an option with used equipment.
The Verdict: Is a Used Lift Table Right for You?
Once you have narrowed down your search for a lift table based on type of equipment, specific applications, and price point, the choice is yours. A little research and reflection will ultimately help you decide if a used lift table is right for you and your company.
Blue Giant is a global leader in the loading dock and material handling industry. With 60 years of trusted experience, we are the premier provider of safe, effective, and innovative ergonomic and material handling solutions. Our in-plant lift products can be built in virtually any size and capacity, and can be customized to meet specific application requirements.
Contact us today for more information.