Archive for September, 2018
The Benefits of Leasing a Toyota Forklift
Adding a Toyota forklift or a fleet of forklifts to your operation can have a major return on investment (ROI) for companies that carefully do their homework and get the best possible equipment. But choosing the right forklift is only one step in maximizing the ROI for your company’s equipment. You also need to consider how you’ll acquire the equipment – should you rent, lease, or buy? The answer to that question is dictated by your unique needs and operation. But for many companies, leasing provides too many advantages to ignore.
Advantages of Leasing a Forklift
Here’s a rundown of some of the top reasons companies choose to lease:
- You can turn your forklift in at the end of the lease rather than hanging on to a piece of aging equipment. Selling a 5-year-old forklift can be challenging, and we know you have more important things to worry about while running your business.
- You get to keep your cash. Forklift lease payments are often lower than loan payments with less initial investment – often zero due at signing.
- You get to keep your options open. In a few years, you might need a different lift capacity, or your warehouse dimensions might change. By leasing a forklift, all you have to do is turn yours in and pick a new one.
- You get the latest, state-of-the-art forklift model.
- You can simplify your fleet management by eliminating the need for acquisition, disposition, and tracking.
- Keep your bank lines open by working capital lines of credit that are critical to growing your company. Choosing to lease a forklift or commercial equipment allows you to use these valuable bank lines to further invest in your business.
By offering irregular payment schedules, we can allow your business to match revenue and lease payment cycles.
What to Expect Before and After Leasing a Forklift
By keeping track of these frequently asked questions, you can develop clear expectations of your leasing engagement.
What kind of support will I get when I lease a forklift? First, a specialist will assess your operation and working environment to help you choose the right equipment for the job. After selecting the equipment that best fits your needs, a financing package will also be created to match those needs. Once your forklift arrives, we are available to answer any questions you may have, or handle any issues that may come up.
Is maintenance included in a forklift lease? Maintenance is not always included, but we recommend adding a planned maintenance (PM) plan to lease. Including maintenance in your lease will limit any additional charges at lease end.
How much do I pay up front? There is generally little or no money due at signing.
Can I buy the forklift after the lease ends? That would depend on the type of lease you’ve agreed to. There are lease options that allow you to purchase the forklift at a fair market value after your lease ends. Make sure you choose this option before you sign.
Choosing the Right Lease Option
The advantages of leasing a forklift might be clear, but there are still plenty of lease options to consider. Toyota Industries Commercial Finance lease options are far-reaching, and we’re here to help walk you through them to determine which one is perfect for your operation. Here are a few things to keep in mind that can help guide you through your leasing process:
- Various lease structures are available. Your monthly payment will be partially dependent on the lease structure you choose.
- Your lease structure will be dependent on the number of hours you want to operate your forklift. Over-utilization can be costly, so make sure you choose the right structure for your application.
- Canceling your lease can also be costly, so be sure to choose the right equipment and term to fit your needs.
Learn About Toyota 360 Support
Toyota Forklifts are Built to be the Best
Improving the efficiency and productivity of tens of thousands of businesses, Toyota Forklifts have been recognized as the world’s best-selling forklifts since 2002 and rank #1 globally in safety, service, value, cost of ownership, quality, reliability, uptime, durability and customer satisfaction. We put more into our forklift so you can get more out of them, and Toyota 360 Support promises to deliver a lifetime of dependability!
We want to make sure your Toyota is running like… well, a Toyota. 360 Support is designed to save you money, downtime, and headaches! It provides full-circle support, with measurable benefits through our service, safety, Toyota genuine parts, cost of ownership, and operations. While the material handling industry is constantly changing, 360 Support helps you stay ahead of the curve Toyota Advanced Logistics, giving you proprietary insights and exclusive access to our most advanced technologies and equipment. In addition, Toyota specialists can help assess your operations and needs to recommend the right equipment for the job!
Responsiveness is a Priority
With the Toyota 360 Service Request App, help is always at your fingertips! It instantly connects you to certified technicians guarantee four-hour emergency response times. And what we fix stays fixed with a two-year warranty on parts and labor if replacements fail! By upgrading to Toyota 360 Support Plus, the included planned maintenance can help limit emergencies and reduce the cost of repairs.
The Durability of Toyota Genuine Parts
Toyota 360 Support runs on Toyota Genuine Parts, just like our forklifts! We install Toyota Genuine Parts to maintain the incredible quality, reliability, and value that made you purchase a Toyota in the first place. Don’t forget, you’re protected with an industry-leading two-year warranty – that’s twice as long as our competitors! And with available next-day shipping, your business’s downtime is kept to a minimum!
Safety is Designed into Toyota 360 Support
We rank number one in safety for two reasons: we build safety features into or forklifts, and our Toyota 360 Support team ensures safety stays built into them! Our safety features include:
- System Actives Stability (SAS) – Minimizes the likelihood of tip-over to reduce the safety risks for operators and the people around them.
- Automatic Fork Leveling – Adjusts the mast so forks are level with the ground for ease of retrieving pallets at high levels.
- Active Mast Function Control – Decreases the chance of spilling unsecured loads or tipping the forklift backward.
Savings Come Standard
Spend your money building your company, not making repairs! By adding a Toyota forklift to your operation, you’re not just making a purchase, you’re making an investment. In an industry-wide study by Peerless Research Group, Toyota forklifts ranked #1 in lowest cost of ownership. So your initial investment pays dividends for years and years to come! While we take great pride in the way we build our forklifts, they are simply tools to do the job. Toyota 360 Support lets us think bigger – we use our years of expertise to help you build something even bigger – your company.
Operations Run Smoother with Toyota 360 Support
- Industry’s Best Lead Times – Toyota 360 Support offers industry’s best lead times to get the forklifts you need to you operation floor in a flash!
- Toyota Commercial Finance – Buy, rent, or lease. New or used. Toyota 360 Support makes it easy to get the forklift you need at a price you can afford.
- Fleet Management and Telematics – T-Matics help you avoid unwanted surprised by providing you with a 24/7 window into the condition of all your forklifts!
The Toyota 360 Promise
Toyota 360 Support is our promise to be your full support forklift supplier throughout the entire life of your ownership. With Toyota 360 Support, you get the Toyota advantage of our Certified Technicians, Toyota Genuine Parts, standard and Extra Care Warranty programs, optional T-Matics Support, as well as the Toyota Mobile Service App. Join our Toyota Forklifts Family and see the success come full circle!