In today’s constantly evolving global economy, tariffs can have a significant impact on capital equipment purchases - driving up prices on internationally produced equipment. For warehouse operations leaders and distribution managers, rising costs have the potential to impact budgets, timelines, and day-to-day operations. And with recent tariff actions already increasing the cost of capital equipment, it’s now more important than ever to consider smart procurement alternatives that can help you maintain productivity while protecting your company’s bottom line.
To get you started, here are three practical ways to mitigate the financial impact of tariffs on your forklift, aerial lift, and other equipment purchases:
- Long Term Rentals
- Used Equipment Purchases
- Purchase In-Stock Equipment
Go Long on Rentals: Preserve Your Capital Inventory While Maintaining Flexibility
Long-term rentals offer a great way to expand your equipment fleet, without tying up your capital in large purchases. Rentals are typically filed under operating expenses, allowing you to preserve cash flow while still getting the equipment your operation needs. Additionally, long-term rental agreements often include maintenance and service, reducing downtime and surprise repair costs.
Why it works:
- Avoid the upfront cost of buying
- Flexible terms can be scaled with demand and budget
- Different equipment can be rented as operational needs change
- Service and support are often included
Buy Used, Save Big: Get Equipment at Lower Prices With Faster Availability
Purchasing quality used equipment is a great way to build out your fleet while avoiding tariff-driven price increases. Many units have been fully reconditioned, inspected, and certified, delivering reliable performance at a fraction of the cost of new equipment. Used equipment is also ready to deliver upon purchase, eliminating long lead times.
Why it works:
- Lower upfront investment
- Avoid tariff-related price increases
- Immediate availability
Act Fast on In-Stock Equipment: Buy Before Price Increases Hit
If you’re firm on buying new, there’s still time to purchase equipment at pre-tariff pricing from existing dealer inventory. Forklifts and other equipment that dealers already have in stock were likely brought in before tariff increases were announced, meaning you can lock in pricing before manufacturers and dealers adjust. Purchasing in-stock equipment also means that the equipment is on hand and ready for delivery, while also being covered by manufacturer warranties.
Key Benefits:
- Secure pre-tariff pricing
- Immediate delivery
- Full manufacturer warranty included
Don’t Let Tariffs Slow You Down
Tariffs are one more variable in an already complex supply chain, but they don’t have to derail your equipment strategy or your budget. By thinking beyond traditional purchasing options, you can stay flexible and protect your operation from unnecessary cost increases.
Whether you already know how you want to handle your next capital equipment purchase, or you need help exploring your options, our Equipment Depot team is here to help you navigate tariff-related equipment challenges and make the best choice for your operation. Call us today at 888.EQDEPOT to learn more about our in-stock inventory, used equipment, and long-term rentals, and get started on the right solution for your warehouse or distribution center.
