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Forklift rentals11/1/2022 ![]() owners decide on the lift truck rental that best suits their needs. **repairs and maintenance is included in forklift rentals (not in a lease) damages are the responsibility of the renter. Forklift Rentals in Toronto is a great way for your business to save money while. Whether you need a forklift for one day or five years, Crown has a solution for you. Service packages are available with our lease programs but are typically not included in the lease payment. With renting the repairs and maintenance are included in forklift payments however damages are the responsibility of the renter. Depending on how your company is able to depreciate the asset this may be beneficial however its always best to contact your accountant to see what makes the most sense for your operation. Leases are great for companies who plan to service their own equipment regularly and want to take ownership of the forklift at the end of term. Leasing has its advantages but is less flexible than renting in that you are under contract for the length of the term. When leasing a forklift the machine in question is sold to a lender (lessor) who for a monthly payment sells it back to the client (lessor) until the end of term when ownership is transferred. Businesses are always changing and renting gives you the flexibility to manage your equipment needs at the same speed. Should you decide you want to change to a different machine it's simply a call away. When renting forklifts the cost of all maintenance and repairs is included**
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