Financial Benefits to Going Green on Your Forklifts
A few years ago, “going green” meant you spent a little extra money on “green” products. In return, you got to feel good about helping preserve the environment.
It’s still a noble goal today, but now “going green” doesn’t have to cost more. In fact, it can save you money at the same time . . . even on material handling equipment!
It’s true. I’ll show you.
Go Electric, Save on Total ROI
Saving on green equipment comes down to total ROI. We all know a forklift’s up-front price isn’t the total cost you pay for the equipment. There’s also fuel & maintenance costs over time.
It’s here that a green electric forklift provides a huge ROI boost. Yes, I’m talking about the BYD electric forklifts again. And I’ve got numbers to back me up.
These numbers come from industry testing and operator reports. BYD tested a standard propane forklift against one of their electrics. They used a 5-year operating term, with 2,500 annual hours of operation.
While the BYD forklift costs more up front, as you’ll see, it costs far less to fuel & maintain:
From my own experience, the numbers add up. BYD forklifts are long-term cost-savers.
Want to see more? Let’s look at operating costs over time.
This is a summary of operating costs & savings. It compares 20 propane forklifts to 20 BYD electrics over a 5-year term. The same annual hours and maintenance estimates apply.
Look at the investment payback. 3.17 years. You make your investment back in just over 3 years, save over $100,000 on fuel, and cut maintenance costs by as much as 50%. Those are huge savings!
More reasons why the BYD forklifts are “Too Great to Ignore.”
Congratulatory Spot – Thermo Fisher Scientific
Congratulations to Thermo Fisher Scientific of Fremont on their new BYD forklift!
Thermo Fisher Scientific develops biotech & medical products. They employ 65,000 people, and took in $18 billion in revenue last year. They’re a huge player with huge material handling needs.
Transporting these products requires incredible care—what you and I would consider a minor bump while operating a forklift, could destroy thousands of dollars’ worth of product. The BYD will give them the stability they need, as well as long operating times.
But what really sold them was the fact that it’s a fully “Green” forklift. They’re trying to make their own facilities as clean & sustainable as possible. I worked this deal myself, because I wanted them to see how passionate we are for the BYDs.
Thermo Fisher Scientific’s Website
Move from an LPG Forklift to an Electric. Save Money AND Go Green.
I’m happy to demo a BYD electric at your request. They’re a big step forward for our industry, the environment, and your balance sheet. We’ve actually reached a point where industrial businesses can “go green” and save money at the same time.
Want to see one in action? Just call your local Cromer office and ask about the BYDs.
Until next month!
Marshall Cromer, The Forklift Boss
Cromer Material Handling
Section 179 Reminder
You have 1 month left to complete your material handling purchases & get a big tax break!
The Section 179 tax deduction expires on December 31. Purchases of business equipment—including forklifts, rack, etc.—qualify for the 179 deduction. You buy now, you save now.
Since last month’s newsletter went out, several customers have taken advantage of Section 179. We still have inventory available, but time’s running out.
See our October newsletter for more details. Or just call up your local Cromer office to get started!
ForkliftBoss.com Deal of the Month
2017 DOOSAN G25N 5K FORKLIFT – $23,866
For our November Deal of the Month, we’re bringing back the 2017 Doosan G25N. Customers love these—and for good reason. They’re the best 5K in the industry.
Hauling loads in these is a breeze. Each has a Nissan 2.5L engine, 5,000# capacity, with oil-cooled disc brakes, and tires with 30% more rubber than competitor trucks. Best of all, since they’re brand new, they come with a 2-year Doosan warranty.
We still have a couple of these Doosans in stock at the Oakland location. You get the best price with Cromer—only $23,866.
Remember: You can claim the Section 179 deduction on this forklift!
Interested? Call Cromer at 800-974-5438 and ask for the new Doosan 5K.