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You are here: Home / Material Handling Education / Finance / Before You Rent

Before You Rent

May 9, 2019 by Jeff Fowler

With changing demands, temporary jobs, and seasonal work, purchasing a forklift is not always your best option. Renting a forklift is a great way to complete those short-term projects, and you won’t be forced to break the budget. The rental process creates flexibility and peace of mind because you only pay for the time you need, rather than the total price of the equipment.

When you are ready to rent, there are several questions you should ask yourself before making a final decision. Understanding the rental process and what’s to come can make a world of difference in your experience. These questions will help you make the smarter choices when it comes to your temporary needs.

 

  1. Will your dealer be able to meet your goals?

When you are deciding who you will rent your forklift from, we highly suggest researching the business to assure they will offer a high-quality experience. Your dealer should become your complete solutions provider and advocate. You will want to be assured that your dealer can accommodate you, so be open and honest with your dealer about your issues and needs. Communicating your needs, like the proper weight capacity and lift height, assures that you will be provided with the correct rental equipment. Also, be sure to accurately gauge how long you will need the equipment as there are certain discount levels for different length rental periods. Open lines of communication between you and your dealer will benefit you both greatly and create a stable working partnership. Use the expertise and knowledge of your dealer to maximize your productivity and efficiency.

 

  1. How do you make a forklift fit into your budget?

Sometimes, a brand-new forklift doesn’t fit the budget, but you still need some additional help moving those heavy items. Luckily, the Lilly Company and many other material handling experts offer short-term forklift rentals. Just like a rental car, rental forklifts are generally more affordable than purchasing a new unit because you only pay for the exact time needed versus letting a lift sit the rest of the time. Since your needs are not a cookie-cutter situation, your rental process should not be either. Your forklift dealer can solve many of your problems by building a plan to meet your budget and a truck to finish your projects. Also, asking your dealer about attachments should be done upfront since they are not included in the rental cost. Be prepared to have proof of insurance and to complete a credit application before getting approved to rent a forklift.

 

  1. What should I expect once I receive my rental?

Now that your dealer has delivered the forklift, the work begins! However, there may be a few more questions and a few rules to consider as well. Understanding your rental agreement and interacting with your dealer will be key to a successful relationship. When renting equipment, you can expect to be held responsible for operational costs, like fuel, but you will not be responsible for routine maintenance and mechanical breakdowns, it’s all included! The only possible additional cost you could incur would be avoidable damage caused by poor operation.  From a safety stand point, renters are held accountable for making sure all operators are properly trained and certified on the equipment they will be using.  However, many dealers offer various safety training programs for uncertified operators.

 

 

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