Why Hiring a Forklift Gives Your Business More Flexibility

Thursday, August 22nd, 2024

Rental forklift being delivered on a lorry

One of the most popular services we offer at Power Plant Hire is forklift rental, with models in a variety of sizes and in both diesel and battery variants. We’ve been providing forklift trucks for hire across Wexford, Wicklow, Carlow, Kilkenny, and Waterford for decades, and we’ve found that many businesses actually find hiring such a vehicle more effective than buying one, granting them greater flexibility in areas ranging from choice of forklift to cashflow. Let’s take a look at some of these benefits.

Hiring a Forklift Means No Cost of Ownership

When you choose to hire a forklift rather than purchase one, you don’t need to worry about ongoing maintenance or servicing costs, for these rest with the hire company, not the hirer. Not only does this remove the ‘cost of ownership’ from your budget, but it also removes the need for your business to expend resources on forklift compliance and other admin costs associated with forklift ownership. 

Hiring a Forklift Allows You to Try Different Types

Choosing which forklift you purchase is a big commitment, for once you’ve bought it you’re going to be stuck with it for quite some time. However, when you choose to rent a forklift rather than purchase one outright, you are afforded more flexibility to try different types. For instance, you may been considering the idea of using battery forklifts but are reluctant to purchase one in case you find it unsuitable. However, if you hire a battery forklift you can simply hand it back if it proves a bad fit for your operations. At Power Plant Hire we can supply battery forklifts and diesel models, contact us for details.

Renting a Forklift Means Instant Availability

One of the disadvantages of purchasing a new forklift is that you may end up having to wait a considerable period before the forklift is delivered from the factory. This is not an ideal situation when you need one in a hurry. In contrast, if you choose to hire a forklift then you can have ready access to their available models, no need to worry about waiting for a delivery from the manufacturer. 

Forklift Hire Can Help Cashflow

While purchasing a new forklift can mean a major financial outlay, the hire option means you pay a smaller amount at intervals (and only when you actually need the vehicle). This means that renting a forklift can be better for your business’ cashflow than purchasing one outright.

Forklift Rental Means Access to Newer Models

Once you purchase a new forklift, chances are your business will not be in a position to upgrade it for quite a few years. And while this isn’t necessarily a problem, it does mean that you may miss out on the chance to try new technology in the world of forklifts as it comes out. On the other hand, should you choose to hire a forklift, you can have access to newer models without having to finance substantial capital outlay. This also means that your business won’t be affected by depreciation as the forklift ages.

You Can Hire a Forklift for as Long (or Short) a Period as You Need

Orange forklift with Power Plant hire logo

Renting a forklift gives you flexibility as to the actual length of hire; at Power Plant Hire we can provide forklifts for rent for a fixed period, for just a day, or for an indefinite period—the choice is yours. This makes the forklift rental option ideal for those who only need a forklift for a few hours, and purchasing would definitely not be cost-effective.  

Hiring a Forklift is Ideal for Emergencies or Boosting Productivity

Even if it makes more sense for your business to purchase a forklift outright, there may still be times when hiring a forklift can be of benefit. For example, if your own forklift is out of action, whether it be due to routine servicing, a breakdown or an accident, hiring a forklift is an effective way to cover this downtime so that your business’ productivity doesn’t suffer. As mentioned earlier, at Power Plant Hire we can hire forklifts for as short or long a period as you need, even for an indefinite amount of time, so you don’t need to worry about how long your own forklift will be out of commission. Similarly, in particularly busy periods where the work is too much for your own vehicle to handle on its own, hiring a forklift can help ease the pressure and help maintain this increased productivity.

Interested in hiring a forklift? We’d be happy to quote for your needs. Call our team on 053 9235003 or email sales@powerplant.ie. You can also visit us in our showroom at Enniscorthy Co Wexford to discuss all your plant rental requirements.



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