Published in: Latest News

The Merits of Leasing Your Next Forklift

Author tlhadmin

Published on: 14 February 2025

The popularity of leasing a forklift vs owning a forklift has increased dramatically over the past twenty years.

Pegasus Material Handling work side by side with their customers to review operational and financial considerations such as usage (current and expected), maintenance programs, overtime usage, capital expenditure, lease terms, end of lease options, tax considerations and overall business goals. We strongly encourage customers to go through a thorough review with their accountant.

Ultimately, the decision to lease or not to lease is left to the customer.

While leasing is not right for everyone, why do so many companies decide to lease their forklifts?

Here are some pretty good reasons:

• Access to the latest lift truck technology makes your truck(s) safer, more ergonomic, productive and efficient, while greatly reducing downtime.
• The ability to adjust your mix and quantity of lift trucks to suit changing needs.
• A predetermined replacement cycle allows more accurate budgeting.
• Lower overall associated costs vs. buying and maintaining an ageing fleet.
• Optional maintenance coverage will keep your equipment running smoothly and maintenance costs may be rolled into the lease rate for one easy payment.
• Flexible payment terms/online lease reporting give you peace of mind.

Pegasus MH have some of the most creative and flexible leasing programs in the industry. We would be happy to show you a custom-tailored program for your operation.

Call our team on 0191 419 0003 or click here to email us and we’ll get back to you.