How ASAP Rental’s fleet solutions cut the hidden costs of forklift maintenance

How ASAP Rental’s fleet solutions cut the hidden costs of forklift maintenance

Have you been surprised with the costly, recurring fees that come from owning a forklift? When buying a forklift the first reflex is just to consider the sale price, but that amount is only one part of the Total Cost of Ownership (TCO). We often neglect to take the costs of after-sale services into account, such as maintenance, parts, and possible repair and labor.

Maintenance costs are inevitable if we want to guarantee safety and optimize a forklift’s operation throughout its entire lifecycle. Especially important is operative maintenance such as:

Over time, maintenance costs will depend on breakdowns and general wear, which increases with the age of the forklift and the number of hours it performs each year.

What are the factors to consider when calculating the maintenance cost of a forklift?

The forklift itself is only the starting point when calculating TCO. In fact, the cost of maintaining and repairing a forklift may nearly double the price tag throughout the vehicle’s life cycle. Some major factors you should take into account are:

  1. Brand

The name and reputation of a maker is usually a good indication of the design and reliability of the machine. A good brand guarantees the supply of quality components and spare parts for several decades. Machine ergonomics is another factor to consider, and can differ from brand to brand, in particular, ease of access to wearing parts and to the primary components of the forklift.

2. Configuration

The technology, components and equipment of the forklift are important elements to take into account in the cost calculation. These factors will impact annual maintenance costs:

3. Annual Usage

Forklifts generally operate at either low, medium or intensive engagement. The more hours a truck operates, the more the maintenance it will need. The frequency of part replacement from wear and tear will also increase. A forklift’s hours in use inevitably effect the TCO.

4. Fuel Type

At comparable capacity, the cost of routine maintenance of a gas or diesel forklift will be higher than that of an electric forklift because of “consumable” spare parts, which are more likely to need replacement.

5. Load Tonnage

The higher the tonnage of the forklift’s load bearing, the more resources will be required (tools and number of hours of intervention), and the higher the cost of spare parts for preventive maintenance or repair. We can advise on which trucks and configurations are best suited to deal with the load requirements at the facility.

6. Working Environment

Environment is one of the most important factors in our facility audit. Each truck we include in a fleet depends greatly on a thorough inspection taking into account:

How ASAP’s solutions help you

ASAP’s 360 solution consolidates the TCO into a comprehensive fleet-management contract. Our goal is to provide the optimal balance between your needs and your budget. We achieve this through our expertise in industrial handling and workflow, and by offering a multi-brand, multi-product solution. For example, rather than just buying a fleet of the same premium forklift, we can customize your fleet by providing a variety of sizes, fuel types and configurations to optimally perform their given tasks, saving you money upfront and reducing the cost of maintenance down the line.

While maintenance and repair is an inevitability for any machine, ASAP knows how to optimize your fleet to reduce the frequency and costs, giving you better performance and better value from your forklifts.