Purchase or lease, comparison and reference of two solutions of BYD 3-ton electric forklift

Initial input cost variance

Initial expenses for the procurement model

If you choose the direct procurement model, the enterprise needs to pay the full amount of equipment at one time, and the equipment can be included in its own fixed assets, and the depreciation and amortization will be completed in accordance with relevant rules. In this model, the upfront cash flow occupation is large, which is more suitable for business entities with sufficient cash flow reserves and plans to use the equipment continuously for a long time. There will be no additional use constraints.

Initial expenses for the rental model

If you choose the leasing model, the enterprise does not need to pay a high amount of equipment in full, but only needs to pay the corresponding rent according to the agreed cycle. In the early stage, you only need to bear a small deposit and the first rent to put it into use, which will not occupy too much working capital. It can allocate more cash flow to the operation of the main business and reduce the overall capital turnover pressure.

Comparison of suitability for subsequent use scenarios

The advantages of using the procurement model

After the purchase is completed, the ownership of the equipment belongs entirely to the enterprise itself, and the use process will not be limited by additional usage time and operation scenarios. The enterprise can independently complete the modification and installation of relevant accessories according to its own needs. Under long-term high-frequency use scenarios, the cost of use will be gradually reduced.

The advantages of using the leasing model

The leasing model is more flexible. If the handling operation of the enterprise is a phased demand, such as the temporary increase in warehousing turnover during peak season and the short-term project-type handling operation, the corresponding leasing period can be selected on demand, without the need to pay additional costs for equipment during idle periods. It can also flexibly replace equipment with different functions according to the needs of different periods of operation.

Comparison of follow-up operation and maintenance rights and responsibilities

Operation and maintenance arrangements for the procurement model

After purchase, the follow-up operation and maintenance of the equipment will be arranged independently by the enterprise, or you can choose to sign a long-term maintenance agreement with the service provider. All maintenance and replacement arrangements will be entirely determined by the enterprise. After long-term use, the operation and maintenance experience of the equipment can be gradually accumulated, which is convenient for internal unified scheduling management.

Operation and maintenance arrangements for the lease model

Most leasing plans will assign the rights and responsibilities of routine maintenance and fault repair to the equipment provider. Enterprises do not need to arrange operation and maintenance personnel separately. In case of equipment failure, they can ask the other party to provide replacement equipment as soon as possible, which will not delay the normal handling operation progress and save a lot of follow-up operation and maintenance energy. Enterprises can choose the plan that best suits their own business needs based on their own life cycle, capital reserves, and operation characteristics.