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This calculator will help to measure the approximate economic life of your forklift. This will calculate an approximate time when it becomes more advantageous to acquire a new forklift rather than pay to service and maintain your existing forklift.
First, enter the average hours of operation per day, the number of days your forklifts operate per year, and the amount of hours you plan to have on the forklift at trade-in or the maximum you are willing to put on it. This will provide an approximate time when you should explore acquiring a new forklift rather than continuing to service and maintain your existing forklift.