Posts Tagged ‘elite forklifts’

Nissan Forklift Rentals Make Sound Financial Sense

According to economists, construction and engineering companies in South Africa and elsewhere in the world are undergoing a period of extreme financial stress. When translated, this means that these companies need to find new and innovative ways to employ the capital that are required to expend during the fulfilment of their project obligations. For many companies in these industries this has meant engaging in assets like the extremely reliable Nissan brands of forklift, to be rentals rather than engaging in outright ownership.

The advantages to engaging in the rental or lease of capital equipment such as a Nissan forklift, is one of the most effective ways of making good use of an asset to ensure that the company enjoys the benefits of an extremely useful piece of equipment and does not have to part with large amounts of capital which can then be used for other expenditures.

Not only can this capital saved by rental be used for day-to-day operating expenses but the ability to use the equipment can be a balanced with a bank account that can allow the company to raise more money from a variety of different sources due to the fact that its books will represent a much more attractive proposition without the addition of an underperforming asset. The presence of an asset such as a forklift van give those providing finance pause due to the fact that often the forklift from Nissan will not be used for the full duration of the project but will in all likelihood be standing idle for at least some parts of the project.

The fact that the asset will be sitting idle while other parts of the project are completed means that it will not be delivering the best return on investment and that rental of a Nissan forklift might be a better option to get the most out of any investment. The full maintenance lease is one of the most popular ways to make use of many different types of assets.

A full maintenance lease means that many companies are free to better employ the capital that they have at hand. It means that the financial controls of the company are made much easier due to the fact that an annual plan or a project management plan can be put in place and that the enterprise is not exposed to unusual or unexpected expenses. The full maintenance lease also includes such services as the attentions of fully qualified service personnel and replacement units are also available at very short notice.

The availability of replacement units in the event of the failure of the Nissan forklift increases the attractiveness of the hire of these types of vehicles. By ensuring that replacement units are available at all times and within a set budget the company also ensures that it can meet the project deadlines that it has been exposed to and will be able to satisfy the clients’ requirements at all stages of the project.

Full maintenance rentals of a Nissan forklift also means that insurance for the equipment is part and parcel of the entire leasing agreement. Once again this is tremendously attractive as it does not expose the company to the threat of ever increasing insurance premiums in the event of the asset suffering damage which will lead it to be written off. This in turn again ensures that the company is not exposed to unforeseen expenses which can be extremely damaging within the parameters of the project timeframe and requirements.

Nissan forklift rentals will also allow the company to take advantage of the inventory that many lease companies have of additional equipment that increases the functionality of the unit. Forklifts are well known to be amongst the most versatile pieces of industrial equipment that are available and the replacement of the common bucket or lifting fork attachment of the forklift can increase its utilitarian value tremendously.

Project Completion Made Easy With Nissan Forklift Rentals

Forklift rentals are today recognised as being one of the most cost effective ways of taking advantage of the functionality and toughness of the tremendously versatile capital equipment that is designed and manufactured by companies in the Far East such as Nissan, Toyota and Daewoo. Rentals are a way to save money on long term use of capital assets such as the quality forklifts that are available on the South African market.

Many of these forklifts are today available on the second hand market or for lease, both options for the company that is looking to enjoy a reliable piece of equipment but save on the capital expenditure that can accompany the use of these assets. These forklifts are required in order to achieve the project milestones that many projects require and the comfort of knowing that the machinery is available to complete these phases of the project at a price that will ensure a superior return on investment should not be underestimated.

Getting the best form the machinery while still keeping the capital in the bank where it can be employed in other ways is the best way for the company to survive these highly stressed times. This capital can be used to ensure that the books of the company are more attractive to financial institutions which can then be approached to provide additional operating capital or the money that can be used to expand the operations of the business, one way to thrive in an environment where others may fall by the wayside.

Nissan forklift rentals are provided by companies which will also make other services available within the terms and conditions of the lease or hiring agreement. Many of these short, medium or long term rentals take the form of full maintenance leases which mean that the company will provide insurance and after sales service to ensure that the asset keeps on performing or in the case of failure is replaced as timeously as possible.

The Cost Effectiveness of Nissan Forklift Hire

For many companies the cost of ownership related to the use of a forklift, especially highly regarded brands such as Nissan, can be a drain on resources. For this reason many companies choose to engage in Nissan forklift hire, rather than outright ownership.

Many companies choose to engage in Nissan forklift hire because it makes sound economic sense. Smaller companies that rely on government contracts for their livelihood may find that the specification of each project change and that the requirements for specific pieces of equipment change as well.

In essence this can mean that expensive capital equipment such as a Nissan forklift can conceivably be sitting idle while other more urgent project requirements are met. The threat of assets not performing and in fact costing the company money while they sit idle has caused even larger companies to have a close look at engaging in full maintenance leasing contracts in order to make use of forklifts.

Companies in the construction or earthmoving fields have no choice but to make extensive use of forklifts and many prefer the brands that have their origins in the Far East due to their proven reliability and the availability of a highly efficient after sales network. A full maintenance lease or other forms of forklift hire makes perfect sense for these companies.

Full maintenance leasing means that expenses such as insurance and maintenance can be tightly controlled as these are built into the terms of the contract. In essence this means that the financial controls of the company will make allowance for the monthly expenditure involved in using the equipment and the company will not be exposed to any nasty surprises when it comes to equipment breakdowns.

By making the decision to hire a Nissan forklift the company will enjoy all the \advantages of ownership of these useful pieces of capital equipment without the associated and often unforeseen costs that can be involved when the decision is made to purchase a forklift outright.

Forklifts to Rent – Diesel, Petrol or Electric?

There are basically three types of forklifts to rent that you can choose from in South Africa. The first type is a diesel fuelled forklift and is the oldest type of forklift available on the market. However, this does not mean that this type of forklift has not benefitted greatly from technological innovations and been improved upon to meet a variety of modern day requirements.

The tradition behind diesel forklifts to rent is one of the reasons that this is still the most popular choice amongst business owners. Another reason for its popularity is that it has a great reputation for being the toughest and most durable of all the other types of forklifts out there. This toughness makes the diesel forklift the ideal all terrain lifting equipment and is great for use outdoors.

Many people believe that the diesel forklift is not suitable for use indoors. This is mainly because the diesel motor can be very noisy and that harmful exhaust fumes are released during operation. However, just one of the technological advancements that have been made to the diesel forklift to rent is the addition of an exhaust filter to minimise and purify the fumes that are emitted. It is however still not recommended for use in smaller confined areas with little or no ventilation.

Sound dampeners and silencers have also been added to make the diesel forklift much quieter although it is not as quiet as the second type of forklift to rent which is a petrol powered forklift. Petrol forklifts are not recommended for use indoors at all. This is because the carbon emissions are more harmful than diesel exhaust fumes and these emissions are much more difficult to filter.

Although the petrol forklift is quieter than the diesel option it is still considered to be too noisy for indoor use. The petrol forklift is the ideal equipment for outdoor use providing great speed in strength in its operating abilities. The quietest of all the forklifts is of course battery powered and is referred to as the electric forklift which can be considered to be virtually silent when compared to its fuelled counterparts.

In addition to this, the electric forklift to rent does not emit any fumes at all during operation meaning that it is the perfect lifting equipment for indoor applications. Until recently, you would need to have a replacement battery or need to recharge the forklift battery regularly to ensure maximum operation capabilities. However, new innovations are making it possible to purchase or rent a rechargeable electric forklift.

The electric forklift is however not ideal for outdoor work. It does not have the power or the durability of either the diesel forklift or the petrol forklift to rent. It can however be used outdoor for smaller jobs in paved or tarred areas such as parking lots or loading bays. There are a few electric forklifts that have however been designed and created to meet the rigours of outdoor work but these come with a higher price tag.

On the subject of carbon emissions it is easy to see that of the three forklifts to rent in South Africa, the electric version is by far the most environmentally friendly. Next in line is the diesel forklift which does expel harmful exhaust fumes but has a lower fuel consumption than the petrol forklift. The petrol forklift does the most harm to the environment in much the same way as a petrol fuelled car. Make sure that you weight up all the benefits and disadvantages of each type of forklift to rent well before choosing one to meet your needs.

Forklift for Hire – Finding Out About Insurance

No business owner will buy an expensive forklift without first insuring the item for accidents and major repairs that may become necessary over time. And it should be no different when you are looking at a forklift for hire. Insurance for forklift rentals can work in much the same way as insurance coverage for a care hire in that you can take a short term policy directly from the owner of the vehicle for the duration of the lease term.

However, with a forklift for hire the rental agent will hold an insurance policy against major damages or theft of the equipment. The amount that they for the insurance will be proportionally worked into the rental rate so that you won’t even be requested to fill out an insurance form when you enter into the lease agreement. However, it is your responsibility to ensure that the owner does indeed have insurance for the forklift as you may become liable for the cost of repairs or for the entire replacement value of the equipment if theft occurred while it was in your possession.

It is also imperative that you read the insurance portion of the lease agreement for a forklift for hire carefully. As per every type of insurance policy an excess will be charged when a claim is made against the insurance provider. Find out whether you will be responsible for paying this excess amount and more or less what that excess would be if anything happened to the forklift. Excess amounts will be different for damages than for the replacement of the forklift due to theft.

You should also be aware that the insurance provider will only cover any claims if the forklift was driven by a qualified forklift operator when damages occurred. This will be made clear to you before you sign the lease agreement for a forklift for hire with the rental agent. Very few forklift rental agent will be able to provide you with a qualified forklift driver so make sure that you have one in your employ, train an existing employee to become a forklift driver or find a forklift operator before entering into the agreement.

You can find out whether your forklift rental agent offers any forklift operator courses that one of your employees can enrol on. Remember that some training course can be specific to a particular forklift manufacture. This means that the forklift operator will only be qualified to drive that specific brand of forklift. Rather try and find forklift operator training courses that provide comprehensive training that is relevant to all types of forklifts available for hire.

Remember to also find out what exactly is covered by the insurance policy. No insurance providers will ever cover the costs of regular wear and tear on the forklift for hire with a normal insurance policy. Regular maintenance and servicing will also not be covered by a general insurance policy. You will need to find out whether the forklift rental agent has a motor plan to cover these costs over and above the insurance policy.

If you are entering into a long term rental agreement that exceeds a period of three months all maintenance, servicing and incidental repairs should be covered by a motor plan policy. It is unlikely that servicing or incidental repairs will become necessary for rental periods that are shorter than 3 months and any problems will be from the previous renter of the forklift. Even if there is not motor plan your forklift for hire agent should be liable for these expenses and you will carry no responsibility unless it is found that repairs are necessary due to neglect or abuse of the forklift.