A forklift purchase is not to be taken lightly. A forklift is a huge capital expenditure, and a complex equipment with a motor strong enough to execute heavy-lifting jobs. The price tag for a forklift varies from $10,000 to $30,000, comparable to the cost of a small truck. If buying a used forklift, be certain to have it checked for possible mechanical problems.
The two kinds of forklift motors are: electric or internal combustion. Forklifts with electric motors are normally more pricey compared to those with internal combustion motors. The motor size must suit the kind of work for which the forklift would be utilized. A forklift with a large motor costs a lot more compared to one with a smaller motor.
Motors which use gasoline or propane can lift heavier weights because they are normally stronger than electric motor. The disadvantage is that gas motors tend to develop issues more frequently compared to electric motors. Depending upon the price of gas or propane, gas powered forklifts can be more expensive to operate compared to electric powered forklifts.
Some reputable manufacturers of forklifts are Mitsubishi Caterpillar, Crown Equipment Corp., Toyota Industries and NACCO Industries. Prior to deciding, research the various manufacturers and the availability of parts. Testimonials, prices and reviews could be found on the Net.