3 Reasons to Understand Your Warranty When Buying a Forklift
Imagine a scenario where your business has saved up funds and purchased the latest modern technologically advanced forklift.
After taking delivery of the unit everything seems to be going smoothly with the forklifts upgraded performance greatly improving operational efficiencies, however a couple of months into ownership the forklift unexpectedly breaks down.
In the event of an unexpected break down this is where you will rely on your equipment warranty to save the day.
When outlaying a large amount of capital on a new or used forklift it is possibly more important to ensure it comes with a reliable and robust warranty over getting a great deal on price.
Forklifts are large capital investments and unforeseen downtime can be a huge inconvenience and setback to business operations.
In this post we look at three reasons why it is important to understand what your warranty covers when buying a forklift.
1. A warranty saves businesses from faulty equipment
There is nothing worse than thinking you’ve found a great deal on a forklift only to be deceived by faulty equipment once it’s been delivered and started working.
A warranty is your safeguard against the repair bill ending up being more than the original cost of the forklift.
In some scenarios the dealer is legally bound to ensure if an unexpected breakdown occurs during the warranty period, they do everything possible to repair or replace the forklift.
A reliable forklift dealer wouldn’t risk supplying customers with fault equipment knowing it will cost them more in time and money to replace the equipment.
2. A warranty can save businesses large sums of money
Repairing and servicing a forklift can be expensive, especially if physical damage needs repairing or a major failure in a key system occurs.
In extreme cases it may be more cost-effective to replace the forklift rather than paying to repair the damage.
When comparing the sale price of forklifts, it is important to keep in mind that some dealers charge slightly more for the inclusion of a warranty.
If you’re trying to decide between a forklift that comes with a warranty and one that doesn’t, it is important to remember that in the event of a major breakdown the warranty will pay for itself in most cases.
What may seem like a higher initial investment cost to buy a forklift with a warranty, it can save you thousands of dollars in repairs.
3 A warranty protects business operations
Forklift breakdowns often occur at the worst times during a businesses peak demand period or just when a large order that needs unloading arrives.
In some scenarios a forklift under warranty can reduce the downtime endured by an unexpected breakdown.
With your forklift under warranty, it is the dealer or manufacturers priority to repair your forklift as soon as possible.
Depending on the warranty and contract you have with the dealer they may even provide a temporary stand-in forklift to use whilst repairs are being completed and minimal or no cost to the business.
If a breakdown were to occur without a warranty, the business would be solely responsible for the repairs which may be expensive and challenging to complete during busy times.
At Adaptalift Group all our forklifts are sold with a warranty* providing our customers with peace of mind.
*Warranty periods and coverage may vary depending on the forklift or MHE being purchased.