Pricing and Rates

19 Aug.,2024

 

Pricing and Rates

We strive to give you the best possible service, for the best price.

For more information, please visit Longhe Intelligent.

Listed below are our standard prices and rates for Labor and Planned Maintenance.

Labor

Hourly Labor Rate             $ 140.00

Labor is charged in ½ hour increments, 1 hour minimum charge.

Travel

 Inbound Travel is charged for Emergency Repairs only. The amount that will be charged is equivalent to one hour of Labor.

Planned Maintenance

Electric Forklift/Stacker/Pallet Jack

$  90.00 plus consumables and tax

LPG/Gas Forklift up to 6,000 pounds capacity

$ 100.00 plus consumables and tax

LPG/Gas Forklift up to 6,001 up to 12,000 pounds capacity

$ 140.00 plus consumables and tax

For more information, please visit electric forklift troubleshooting.

Analyzing How Much Your Forklift Costs Per Hour

First Year

Your first year has minor planned maintenance estimated for every 150 to 200 hours of use. If service costs $89.99 not including any part replacements, if average use per year is 1,500 hours then it will work out like this:

$89.99 x 7.5 (completed every 200 hours) = $674.92

Then, divided by 1,500 hours = $0.45/hour

Second Year

Your second year will require a major interval service coming up every 2,000 hours of use and costs on average $1,399. This is also not considering the wear-and-tear of your tires. All in all, this works out like this:

$6.29 (7 minor planned maintenance services) + $1,399 = $2.028.93

Then, divided by 1,500 hours = $1.35/hour

Third Year

Your third year will require another major interval service, another round of minor planned maintenance services, and will no doubt require a new set of tires for your forklift. If you also need to replace your forks, which in very likelihood will be worn out at this stage, this works out like this:

$2,028.93 + $800 (tires) + $400 (forks) = $3,228.93

Then, divided by 1,500 hours = $2.15/hour

Costs are going up quick. Keep in mind that this is without even the cost of fuel. It is recommended that when maintenance cost per hour passes $4 per hour, it is time to retire your forklift and to replace it.

Monitor Your Costs

Gradually year over year, the cost of your forklifts are going to creep up. This is why it is important to monitor it. If it rises too high, this begins to damage cost efficiency for your business. Having to sink more and more money into older forklifts only to lose hundreds of hours and thousands of dollars should not be the reality of your business.

To monitor your forklift cost per hour, be sure to designate someone to track your maintenance costs and to evaluate your trucks yearly. Note the factors we mentioned and be sure to recalculate cost per hour each and every year.

If you are looking for a replacement and to purchase refurbished, used forklifts in Toronto, please contact us today for more information on the options available to you.

Are you interested in learning more about forklift bale clamp attachment? Contact us today to secure an expert consultation!