Renting? Avoid the ups and downs

Peter Harvey -
Your Focus
- 23 Jun 2016 ( #775 )
2 min read
Peter Harvey
Peter Harvey
Peter Harvey MBE is chief executive of the Fork Lift Truck Association.
When looking for finance for new lift trucks, there are several dos and don'ts which may save you time, money and hassle further down the line, according to Peter Harvey.

Start by finding a reputable supplier. Ideally, the company will belong to a recognised trade body with a nationally agreed Code of Practice. This means you'll have an arbitrator in case of a dispute.

You should also ensure you are using the most appropriate form of finance and - more importantly in the case of a long-term rental - know what penalties you might face at end of term.

The FLTA has produced The Good Hire Guide that explains the main differences between types and lengths of hire contract and much more. It highlights what you should look out for, including:
* Service levels
* Breakdown response
* Truck replacement services
* Repairs covered/not covered by the hire charge.

Read and understand the hire agreement.
Read and understand the hire agreement.
Typically, trucks are hired for five years or more and predictable deterioration will naturally occur. Understanding "fair wear and tear" is crucial to avoiding large, unexpected end-of-contract repair bills and potentially acrimonious disputes.

It's also important to note that if you are renting a piece of equipment, you must consult your supplier when any repairs, modifications or changes are to be made to the truck (including the fitting of new tyres). Unauthorised changes could well contravene the terms of the contract, invalidate the warranty and compromise the safety of the equipment.

Do:

* Ensure you have a written hire agreement.
* Read and understand the hire agreement.
* Check trucks on delivery, recording damage or deficiencies.
* Confirm that you and your hiring company hold identical copies of the handover certificate (and current Report of Thorough Examination).
* Ensure all operators know how to operate and care for the trucks.
* Establish and maintain a recorded pre-shift check system.
* Deal with faults and damage as and when they occur.
* Ensure truck servicing meets manufacturer requirements by giving the hiring company access to complete work when necessary.
* Make operators and supervisors aware of damage costs.

Don't:
* Hire on verbal agreements.
* Allow untrained personnel to operate trucks.
* Authorise truck use on unsuitable ground or in unsuitable areas.
* Permit overloading.
* Ignore inappropriate use.
* Neglect unwanted drips (symptoms of something more serious developing).
* Fit anything to the truck without consulting the supplier.
* Overlook minor scratches (the tell-tale signs of careless operators).

For your copy of The Good Hire Guide, please visit www.fork-truck.org.uk and sign up for Safer Site Pro, the FLTA's online, step-by-step safety program, which is available free of charge to members of the Association's Safe User Group.

Safe User Group

The FLTA realises that keeping up with the latest developments in best practice can be arduous. Legislative literature can be lengthy and complex - and you have a company to run!

With this in mind, we created the Safe User Group. It is designed to keep members informed of all industry-relevant developments. We cut through the jargon, and deliver the information and resources needed to keep your workforce safe and productive.

For more information on what the Safe User Group can do for you, visit www.fork-truck.org.uk/safe-user-group.
Also Read:
A fork(lift) in the road: why the future of “machine vision” is multi-sensory
Murray Cox
2 minute read
A fork(lift) in the road: why the future of “machine vision” is multi-sensory Your Focus - 9 Oct 2025 (#1251) Murray Cox is principal engineer at Speedshield Technologies, where he seamlessly connects cutting-edge research with real-world industrial mobile equipment and applications. Here he looks at why the future of machine vision is multi-sensory.
Enhancing industrial safety: the power of context-aware mobile technology
Tejal Ranjan
2 minute read
Enhancing industrial safety: the power of context-aware mobile technology Your Focus - 18 Sep 2025 (#1248) Tejal Ranjan is the vice president of global marketing at JLT Mobile Computers, a leading provider of rugged computing solutions for demanding industrial environments. Here she looks at screen blanking technology.
When warehouses go dark: protecting connected material handling operations from cyber threats
Ellie Gabel
3 minute read
When warehouses go dark: protecting connected material handling operations from cyber threats Your Focus - 11 Sep 2025 (#1247) Ellie Gabel, a North Carolina-based freelance writer, looks at how to protect your business from cyber security threats which come with connected and smart materials handling equipment company.
For more unique stories and expert insights: read our industry blogs
Blog articles provide perspectives and opinions and therefore may contain inaccurate or incomplete information. Forkliftaction Media accepts no responsibility for errors or omissions. If you feel that significant facts are overlooked, or have a different viewpoint on a topic addressed, we invite you to open a conversation in our Discussion Forums.

Are you recruiting? Find your ideal candidate among a diverse range of materials handling professionals:

Forkliftaction's JOB MARKET

Inside The News
In this week’s Forkliftaction News , we report on the GEP Global Supply Chain Volatility Index which shows Asian supply chains are at their busiest since June 2022 while the US and Europe’s supply chains remain under-utilised. One of the report authors describes the situation as being “as stable as it’s going to get”... Continue reading

PREMIUM business

Combilift Ltd
Manufactures world class 4-way Handling Solutions
Upcoming industry events …
November 11, 2025 - Sydney, Australia
November 26-27, 2025 - Budapest, Hungary
May 20-22, 2026 - Jakarta, Indonesia

Are you recruiting? Find your ideal candidate among a diverse range of materials handling professionals:

Forkliftaction's JOB MARKET

Inside The News
In this week’s Forkliftaction News , we report on the GEP Global Supply Chain Volatility Index which shows Asian supply chains are at their busiest since June 2022 while the US and Europe’s supply chains remain under-utilised. One of the report authors describes the situation as being “as stable as it’s going to get”... Continue reading
Editorial calendar - planned features
CONSTRUCTION FORKLIFTS
HANDLING GOODS IN THE COLD
LOADING/UNLOADING FREIGHT
BROWNFIELD AUTOMATION
FORKLIFT ATTACHMENTS
BATTERY AFFORDABILITY AND LIFETIME
FORKLIFT SAFETY
Upcoming industry events …
November 11, 2025 - Sydney, Australia
November 26-27, 2025 - Budapest, Hungary
May 20-22, 2026 - Jakarta, Indonesia
Inside The News
In this week’s Forkliftaction News , we report on the GEP Global Supply Chain Volatility Index which shows Asian supply chains are at their busiest since June 2022 while the US and Europe’s supply chains remain under-utilised. One of the report authors describes the situation as being “as stable as it’s going to get”... Continue reading

PREMIUM business

Combilift Ltd
Manufactures world class 4-way Handling Solutions