Everything you ever wanted to know about the Raymond ReNewed Program
Used lift trucks are a great option for many businesses. Get the lowdown on our used truck programs and the benefits they provide.
Buying used lift trucks can make a lot of sense financially, but many operators don’t want to take on the risk of acquiring trucks from unknown third parties. Raymond offers certified, pre-owned lift trucks under its ReNewed program, meaning that you can buy fully inspected, refurbished equipment at great prices from a name that you trust.
Best of all, our ReNewed program guarantees your purchase under a buy-back program so you don’t have to worry about getting stuck with a lemon. Our multi-tier program offers different lengths of guarantees depending on what level you select.
Why Buy Pre-Owned Trucks?
There are countless reasons that businesses buy used lift trucks, but some common scenarios are these:
Capital Constraints: Quite simply, used trucks are cheaper than brand new. There is generally a trade-off with higher long term maintenance costs, but if you’re looking to preserve cash up front, used trucks are a great way to go.
ROI Models: In some cases it’s easier to prove a return on investment by adding more trucks at a lower up front cost and slightly higher operating costs. For example, if you can buy 10 used trucks for the price of 6 new ones, you have 67% more equipment contributing to your daily production numbers.
Trading Up: Oftentimes organizations will buy used lift trucks in order to get features that they don’t otherwise have the budget for with new trucks. It’s a little like buying a new car vs used—think about how much you pay the dealership for options on a new car as opposed to what they are worth used.
Infrequent Use: Some organizations use lift trucks so infrequently that used equipment is a perfect solution. They aren’t putting many hours on the trucks so maintenance costs are not a great concern.
Immediate Delivery: when you order lift trucks, the lead time can be weeks or months before you get them. With used equipment you generally take delivery immediately, so businesses operating under time constraints will sometimes opt for used equipment.
Isn’t It Risky To Buy Used?
If you’re buying used equipment from an unfamiliar third party or a relatively unknown dealer it can be very risky. Raymond mitigates this risk through our ReNewed Program. We offer three different tiers for ReNewed customers:
Raymond ReNewed Value Level
With the Raymond ReNewed Value grade of trucks, you’ll do more on a tight budget. Perfect for lower volume applications, these trucks are delivered “ready to work” in both appearance and operation. The Raymond ReNewed Value trucks go through the ReNewed Certification Process performed by Raymond-certified technicians. Each truck is backed by the Raymond ReNewed Assurance buy-back guarantee.
Raymond ReNewed Value trucks come with 30 days Major Components coverage and 30 days of the Raymond ReNewed Assurance buy-back guarantee. To ensure complete satisfaction with the quality of your Raymond ReNewed vehicle, every truck is supported by Raymond’s national network of Sales and Service Centers and can be quickly delivered right to your business.
Raymond ReNewed Performance Level
The Raymond ReNewed Performance grade of truck is perfect for single-shift applications. To ensure the quality of each truck, Raymond-certified technicians perform the ReNewed Certification Process.
Raymond ReNewed Performance trucks come with 60 days of major components coverage, 30 days fork to bumper coverage, and 60 days of the Raymond ReNewed Assurance buy-back guarantee. To ensure complete satisfaction with the quality of your Raymond ReNewed vehicle, every truck is supported by Raymond’s network of Sales and Service Centers and can be quickly delivered right to your business.
Raymond ReNewed Premium Level
For critical or rigorous applications, you need the Raymond ReNewedPremium grade of truck. To ensure the quality of each truck, Raymond-certified technicians perform the Raymond ReNewed Certification Process.
Raymond ReNewed Premium trucks come with 90 days of major components coverage, 30 days of fork to bumper coverage, and 90 days of the Raymond ReNewed Assurance buy-back guarantee.
To ensure complete satisfaction with the quality of your Raymond ReNewed vehicle, every truck is supported by Raymond’s network of Sales and Service Centers and can be quickly delivered right to your business.
If you’d like to learn more about Raymond’s ReNewed program, call a Raymond representative today!