Toyota Forklift are the sole distributors of Toyota Forklifts, BT Equipment, Raymond Equipment and Kalmar Container handlers Forklifts in Southern Africa. In addition, the company markets an extensive range of quality materials handling accessories. Distribution and service is carried out through branches in the main centres with depots and dealers complementing the Southern Africa network.
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Rental vs Outright Purchase

Toyota Forklift can offer you various payment options so you can rent or own equipment from our extensive range of forklifts and warehousing equipment.

You can purchase any of our products outright, whether it’s your own cash or bank financed. All major finance houses are prepared to finance the purchase of our Materials Handing Equipment.

 

HOWEVER…..

Why carry the risks associated with the ownership of equipment?

Let us carry the risk of obsolescence and take on the responsibility for disposing of the equipment at the end of its useful life.

By selecting our rental option, we can allow you the opportunity to use your money on appreciating investments instead of on depreciating capital equipment and you can save your credit facilities for those unforeseen working capital requirements.

Toyota Forklift is your one stop solution. We can monitor and manage your entire fleet including its utilisation, maintenance and productivity, giving you the peace of mind to concentrate on your core business activities.

We understand the changing needs of a business and can offer you maximum flexibility. We’ll match your needs, whether it is to change your fleet together with your application requirements or to help you overcome seasonal peaks in activity by offering additional equipment from our extensive short term fleet.

Our rental packages are tailored to suite your financial needs by offering flexible payment terms and periods and they include either a service or maintenance agreement which guarantees you maximum up time.

To help you with your decision, peruse our summary of the Rental vs Outright purchase benefits:

 

RENTAL

  • VAT is payable monthly on the invoice value
  • Interest is calculated on the cash price before VAT
  • No Capital outlay or deposit is required
  • Payments are spread over the chosen contract period
  • No Capex approval is required
  • 100% of the rental payment is tax deductible
  • Rental is treated as an operating expense in the Income Statement which improves your equity ratios

 

CASH

  • VAT is payable upfront for the full purchase price
  • Interest is calculated on the cash price including VAT
  • Upfront capital outlays are required which reduces your working capital
  • Full payment is required in advance
  • Capex approval is required
  • Only the depreciation is deductible for tax purposes
  • The Equipment is added to the Balance Sheet as a Fixed Asset

 

We hope to be of assistance to you in the near future……..