A forklift is indispensable for any business moving heavy materials around. If you are in the market for a forklift, here are five reasons to consider buying a new model. 

1. Tax Deductions  

The Section 179 tax deduction allows businesses to write off the total value of specific business equipment purchased and put into service during the tax year, including forklifts and other material-handling equipment. It is a fantastic way to lower tax costs immediately rather than waiting for the depreciation cycle over years and years. 

2. Reliability and Efficiency   

First, new forklifts are much more reliable than older models. With advances in manufacturing, today’s forklifts are built to last, with fewer breakdowns and less need for repairs. Second, new forklifts are much more efficient than older models. With newer engines and better tires, they can move more material in less time, saving you money on labor costs. 

3. Advanced Technology

Another significant advantage of buying a new forklift is having the latest technology. More recent models have features like integrated forklift scales and advanced ergonomics that can significantly affect productivity. Additionally, newer models are often equipped with safety features like backup cameras and operator assist systems that can help prevent accidents.  

4. Peace of Mind 

Another benefit of buying a new forklift is that it will come with a warranty. This can give you peace of mind knowing that if something goes wrong, you will be covered. Warranties also typically cover regular maintenance and repairs, so you can rest assured that your investment will be protected.  

5. A Better Image 

Finally, buying a new forklift can help improve your company’s image. If you use an outdated model, customers may feel your business is behind the times. Investing in a new forklift means that you are committed to staying up-to-date and providing your customers with the best possible service.  

So, when buying a forklift, consider all the advantages of buying a new one. You may find that it is the best decision for your business. If you need help choosing the right forklift for your application, our sales consultants can help. Click here to schedule a free consultation. 

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