Forklift rental is an excellent way to try out a forklift before buying one. Rental allows companies to try the forklift out before making a purchase, and they can return the equipment if it does not meet their needs. Short-term or seasonal rental makes economic sense for companies that do not need a forklift constantly. Short-term rentals do not incur rental payments during off-peak times. Therefore, companies can use forklifts on an as-needed basis.

Costs

Forklift rental prices vary widely depending on how long you need the equipment. Generally, forklifts are available for rental in one-day, weekly, or monthly increments. The price is calculated based on the hourly allotments. There is also an environmental fee that may apply. Rental prices vary depending on the type of equipment you need, the type of jobsite, and the rental company you choose.

The price of forklift rental depends on the size and capacity of the machine. The smallest models can lift up to 3,000 pounds, so their rental prices are the lowest. On the other hand, forklifts with larger capacity cost anywhere from $1500 to $4500 per month. If you need a forklift for a few days, a three-day rental plan can cost you between $250 and $360 per day.

Types

The Global Forklift Rental Market Report 2022 provides comprehensive information about the Forklift Rental market including its competitive landscape, types, and applications. The report highlights key trends and drivers that drive the market, including the impacts of COVID-19. It also highlights key statistics that guide companies in their business decisions. This report can help you decide which types of forklift rental are right for your business. To access the report, download the complimentary copy today.

There are two basic types of forklifts: electric and internal combustion. Electric forklifts are perfect for indoor projects that require little ventilation. Internal combustion forklifts are great for outdoor projects and are quick to refuel. They come with pneumatic or cushion tires. If you need to move heavy items in a warehouse, you will need a larger, heavy-duty model. The following table provides a list of common forklift rentals and their features.

Where to rent

If you’re planning to hire a forklift for a project, here are a few tips to make the process as smooth as possible. First, decide on the weight capacity of the machine. An average forklift is rated to lift 5,000 pounds or 2268 kg. Keep in mind that the weight capacity can differ depending on the product being lifted. Also, consider the size of your project’s production space, as this will determine the size of the forklift you need.

Once you’ve decided on the length of your rental, you can find a rental company with a variety of options. You can also choose whether you need to rent a forklift for a short or long term. You’ll likely need the forklift for a full-week’s worth of work. Renting the forklift allows you to try out the machine before buying it, so you can make an informed decision before making a large investment.

Financing options

There are a number of financing options available to forklift rental businesses. You can also opt for a non-ownership forklift lease. This type of forklift rental does not include fixed maintenance obligations and is best suited for businesses that employ their own service mechanics. The monthly payments for a financial forklift lease are usually tax-deductible, which means that you can use the equipment for a limited period without worrying about the cost.

Leasing is a great option for companies with fluctuating inventory levels and complex fleet management processes. Leasing means that your business can take advantage of new models every few years without worrying about the cost of replacement. You can also customize your forklift to suit your specific application. Financing options for forklift rental are available through your equipment provider, which means that you can customize your machine to meet your specific needs.