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COSTS THAT CUSTOMER NEED TO CONSIDER WHEN INVESTING IN A DIESEL FORKLIFT

Table of contents:

1. Considering the investment cost commensurate with the productivity of the diesel forklift

2. Considering long-term costs and short-term costs when buying diesel forklifts

3. Operating costs/fuel costs of diesel forklifts

4. Cost of maintenance, repair and consumable parts replacement for diesel forklifts

5. Considering the appropriate economic life when investing in diesel forklifts
 

1. Considering the investment cost commensurate with the productivity of the diesel forklift

 

It is necessary to compare the correlation between investment costs and the value which the forklifts brought. Since the price depends on this correlation. A second-hand diesel forklift has low cost but does not provide high operating value such as: frequent breakdown, low productivity, high fuel consumption... Then the investment cost is high.

 

Consider the investment cost compare with the productivity of the diesel forklift

Consider the investment cost compare with the productivity of the diesel forklift

 

In contrast, a diesel forklift has a high cost but brings a very high value of use: stable operation, high capacity, fuel efficiency, warranty service, dedicated maintenance... Then the cost is considered to be low investment.

 

Therefore, the first thing to consider when investing in a diesel forklift is not its cost, but the correlation between the cost and the value it brings. If the value is greater than the cost, the new investment decision is correct and can bring efficiency to the warehouse in particular and the business in general.

 

2. Considering long-term costs and short-term costs when buying diesel forklifts

 

People usually talk about long-term costs and short-term costs when buying diesel forklifts mainly because of the selling price.
 

When customers compare two diesel forklifts from different brands, they often compare the price.

 

But if we always compare prices, who will premium forklifts with higher prices be sold to?

Long-term costs and short-term costs when buying diesel forklifts

Long-term costs and short-term costs when buying diesel forklifts

 

The concept of "you get what you pay for" has been said by our ancestors from time immemorial. Customers should think of the reason “Why is this forklift so expensive?” but should not rush to exclaim: “This forklift is too expensive.”

 

Therefore, to compare a forklift truck, it is not enough to just rely on the selling price or immediate costs, but also consider the long-term costs - operating costs, maintenance costs, repair and spare parts replacement …
 

3. Operating costs/fuel costs of diesel forklifts
 

In this article, Yale Forklifts Vietnam calculate the fuel cost of diesel forklifts as follows:

- Capacity: 03 tons

- Usage period: 03 years

- Operating time/day: 8h

 

From the manufacturer's reference calculation and actual operation, it shows that the operating fuel cost of the diesel forklift is ~03 liters of diesel / 1 working hour, equivalent to ~24 liters/ working day.

Fuel costs play an important role in the cost of forklift ownership

Fuel costs play an important role in the cost of forklift ownership

 

With this information, customers should consider the needs and the value that diesel forklift brought when making a decision to invest in diesel forklifts.
 

4. Cost of maintenance, repair and replacement of consumable parts for diesel forklifts

 

During the first 02 years, manufacturers or authorized distributors will perform periodic maintenance or repair damage caused by factory defects as in the warranty policy. After the warranty period, the cost of maintenance or repair of these arising damages will be paid by Customer, so it is necessary to include this cost in the cost - profits when investing in diesel forklifts.

 

The cost of maintenance, repair, replacement of consumable parts... of the diesel forklift includes: changing filters, changing engine oil, changing hydraulic oil, gear oil and other costs. .

 

Currently, there are many companies that provide maintenance services for diesel forklifts, the cost of this service ranges from 1,500,000 VND to 5,000,000 VND/month/unit depending on the frequency of operation of the forklift. .

 

In addition, the cost of replacing consumable parts is also a cost worth noting. To calculate this cost, customers should ask the forklift distributor to provide recommended information about the frequency of replacement consumables or provide a list of consumables and the period of time they need to be replaced.

 

Repair costs are costs that are difficult to calculate, so in order to keep this cost to a minimum, it is advisable to do maintenance and repair periodically to increase the lifespan of the forklift truck and minimize damage.

 

Maintenance costs always need to be calculated to estimate costs and performed periodically to increase the forklift’s lifespan.

Maintenance costs always need to be calculated to estimate costs and performed periodically to increase the forklift’s lifespan.

 

Yale Forklifts Vietnam is a professional company in the field of forklifts in particular and lifting equipment in general. Our service, maintenance, repair and replacement of consumables spare parts are trusted by many customers, you can refer to the information here: https://yale.com.vn/en/services/maintenance-contract--repair-service--supply-spare-parts 

 

5. Considering the appropriate economic life when investing in diesel forklifts

 

Usually, a diesel forklift’s lifespan is measured by its operating hours. A diesel forklift that operates regularly for 8 hours a day with adequate maintenance can have an average life of 12,000-20,000 hours.

 

However, operating a diesel forklift in extreme conditions or with too much frequency and intensity can reduce its lifespan.

 

In the view of Yale Forklifts Vietnam, customers should pay more attention to the "economic life" rather than the "using life" of the forklift truck. With a diesel forklift that is still usable but it costs too much fee and maintenance service to use then a new replacement should be considered.

 

Customer should care about the "economic life" of the forklift truck rather than the “using life”

Customer should care about the "economic life" of the forklift truck rather than the “using life”

 

When diesel forklifts have reached their maximum “economic life”, meaning that at this point, diesel forklifts will cost a lot to maintain and repair but bring little economic benefit. At this point, most businesses are considering starting to replace new diesel forklifts.

 

You can refer to this article for more information about the “using life” of diesel forklifts: https://yale.com.vn/en/news/-what-is-the-lifespan-of-a-diesel-forklift 

 

Please contact Yale Forklifts Vietnam via Hotline: 0896.461.728 for detailed advice on diesel forklifts in particular and material handling equipment in general.

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