Forklift Lease: Leasing to Own

2007-03-08 10:33:40

( Real Estate )



FORKLIFT VERSATILITY

A forklift has many uses, from industrial, to agricultural. But while said equipment has indeed many uses, not everyone can afford to buy a brand new unit.

Equipment leasing companies saw the potential for providing temporary arrangements for heavy machineries and equipment because the high cost of such machineries makes them ideal for rental and leasing plans.

One of the most commonly used heavy equipment is the forklift, and as such, forklift lease is one of the more popular services that equipment leasing companies provide.

LEASING FOR MANY REASONS

Different types of industries avail of a forklift lease for varied reasons. For one, you may avail of a forklift lease because you do not want the cost of buying your own unit and the hassle of maintenance and upkeep in order to keep the machine in running condition.

You may also take a forklift lease if your need for the unit is temporary and will not last for more than a couple of months. An example of this situation is when you are constructing or renovating your own home and you need to move some appliances to storage. In this case, it is definitely not cost effective to buy an expensive machine that you will use for only a few months. A forklift lease is the most ideal set-up in this situation.

However, if you use the forklift in the everyday operation of your business and have availed of a forklift lease only because you cannot afford to buy your own unit, there is a solution for you as well.

Most equipment leasing companies offer a lease buy arrangement wherein you are given the option to buy the forklift that you are currently leasing. Under a buy lease plan, you pay more than the monthly lease rate because you are actually paying for the purchase of the unit as well.


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