Total cost of ownership

How to reduce your total cost of ownership

The acquisition cost of your lift trucks is only a small part of the total cost of ownership (TCO). When making your purchase decision, you also need to take into account your running costs, including fuel, tires and rims, maintenance, replacement parts, repairs and labor. The TCO is the purchase value plus your running costs minus resale value when it comes time to upgrade.

Regardless of your costs, the most expensive machine is the one not running. Here are some proven ways to reduce the running costs in your TCO. Some might be obvious, while others may be surprising. Consider them carefully when deciding on your next lift truck investment.

Service on a schedule

Prevention is better than cure: preventive maintenance and regular inspections help you to plan ahead, keeping an eye on each truck to ensure your entire fleet stays well-oiled and efficient all year round. And when you service your Konecranes lift trucks, always use original Konecranes spare parts. They might cost a little more than generic parts, but they are more than worth it in terms of reliability and performance, and will save you money in the long run.

Use trucks features

Konecranes lift trucks are full of great standard and optional features that improve performance and safety while saving fuel and reducing maintenance downtime. For example, load-sensing hydraulics intelligently allocate power, tire pressure sensors maximize stability and performance, and the Hydraulic Long Life (HLL) filter dramatically increases the oil change interval. Other features like EcoDrive and the idling timer help optimize fuel consumption and speed limits, while automated central greasing minimizes mechanical wear and reduces maintenance. The pre-heaters and heat protection help keep the engine at its optimal operating temperature in extreme cold or hot environments.

Enter the digital edge

Every Konecranes lift truck has TRUCONNECT® telematics installed to collect data for lift truck management, offering up-to-date usage and performance reports to help you improve the efficiency, productivity and safety of your operation. Access your data through our online customer portal yourKONECRANES, with customized settings to show you all you need to know for your world.

Battery as a Service (BaaS)

If you’re thinking about getting an electric lift truck, you can buy one without a battery and rent the battery instead. The battery is a significant part of the capital investment, so renting it greatly reduces your initial costs.