When it comes to purchasing material handling equipment, pricing can become downright scary. Selecting the right equipment for your application needs should not just come down to the upfront price. There are many factors to consider buying a new forklift besides the purchase price and look at the total cost of ownership.

Material handling equipment is necessary for many types of businesses to operate efficiently. Whether to purchase or rent equipment is best determined by business operations needs and how the equipment will be utilized in the business.