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Guide to Pricing and Costs of Telescoping Boom Lifts

Consider whether to buy aerial lifts or whether to rent or lease them


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A boom lift is a specific type of aerial lift that has a bucket attached to it. Telescoping boom lifts, which work well in the construction industry, have extendable arms to reach objects outside the normal range of the lift.

When you consider the pricing and costs of telescoping boom lifts, it's important to weigh the factors that affect the cost of the machine. These factors include:

1. The amount of weight you need the telescopic boom lift to hold. Most boom lifts hold between 300 to 2,000 pounds with the price increasing with the weight capacity.

2. The height you need the machine to reach. The platform height determines how high in the air the platform will rise.

3. The environment where you will use the boom lift. Indoor aerial lifts use electricity and work best on flat surfaces where outdoor lifts use gas and can handle rough terrain.

Action Steps
The best contacts and resources to help you get it done

Determine a ballpark figure for boom lifts for sale


The budget you set will depend on whether you plan to purchase your equipment new or used or whether you plan to rent it. Before you determine your budget, find out what the average price should be for the type of equipment you plan to purchase.

I recommend: Aeriallift Comparison provides a basic price chart for new, used and rented aerial lifts, including boom lifts. Alexander Equipment offers wholesale prices to the public and maintains and inventory of new and used lifts, including scissor lifts. Use its prices to help you find the low end of the price range.

Use care in purchasing a used scissor lift


A scissor lift is another type of aerial lift. While you can find used equipment for 25% to 60% less than new prices, you need to consider all the factors involved in operating a used machine, including the cost of maintenance and repair. Be sure to include the cost of a mechanic to evaluate your equipment into the pricing and costs of telescoping boom lifts. You may find that it takes more money to keep the used boom lift operating than it would to purchase it new.

I recommend: Scissor Lift Area offers advice on how to purchase used aerial lifts. UsedIron by Point2 Technologies specializes in selling used telescoping lifts and other aerial machines. Search its inventory by manufacturer.

Consider your financing options for buying man lifts


Aerial lifts cost several thousand dollars, just like a car. Most business owners choose to finance the purchase or lease the equipment. Add the cost of any interest, fees or other financing costs to your budget, so you have an accurate portrayal of the final cost.

I recommend: Aerial Lift Service Company provides an article to help you determine whether leasing makes sense for your business. It also brokers leases for boom lifts and other aerial equipment. Miller's Equipment Sales works with Direct Capitol to lease boom lifts.

Tips & Tactics
Helpful advice for making the most of this Guide

  • Many equipment auction companies have boom lifts for sale. If you know how to evaluate equipment, you may want to consider purchasing your aerial lifts this way.
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