Purchasing a forklift is something you should think about carefully. A forklift is a huge capital expenditure, and a complex machinery with a motor strong enough to execute heavy-lifting tasks. The price tag for a forklift ranges from $10,000 to $30,000, comparable to the cost of a small truck. If purchasing a used forklift, be sure to have it inspected for potential mechanical issues.
The two kinds of forklift motors are: internal combustion or electric. Forklifts with electric motors are usually more pricey than those with internal combustion motors. The size of the motor should suit the kind of work for which the forklift would be used. A forklift with a motor that is big costs a lot more than one with a motor which is smaller.
Motors that use propane or gasoline could lift heavier weights because they are usually stronger than electric motor. The downside is that gas motors tend to develop issues more frequently compared to electric motors. Depending on the price of gas or propane, gas powered forklifts can be more costly to run than electric powered forklifts.
Several reliable manufacturers of forklifts are Mitsubishi Caterpillar, Crown Equipment Corp., Toyota Industries and NACCO Industries. Prior to making a decision, research the various manufacturers and the availability of parts. Prices, reviews and testimonials could be found on-line.