When should you retire, refurbish, or sell an Aerial Work Platform?

2. REFURB

This level involves repairing or replacing major mechanical parts to maintain safe and efficient operation.

• Enhance safety and reliability
• Optimize your total cost of ownership
• Extend the useful life of your MEWP
• Maintain or increase residual value

• 3. UPGRADE

  Add new functions or technologies to boost machine performance.

  • Improve user comfort
  • Enhance safety and compliance
  • Maintain a strong resale value with manufacturer certification

  Nine key factors to consider

  When deciding whether to retire, refurbish, or sell an aerial lift, consider the following criteria:

  1. Age of the Equipment
     • Most MEWPs have a service life of 7–10 years depending on usage and maintenance.
     • Consider depreciation and whether continued operation is cost-effective.
  2. Maintenance Costs
     • Rising maintenance and repair expenses can signal the right time to upgrade or sell.
     • Frequent downtime reduces profitability and affects customer satisfaction.
  3. Performance and Reliability
     • Is the machine still reliable and efficient?
     • If safety concerns arise that are not cost-effective to fix, retirement may be the best choice.
  4. Market Demand & Technology
     • Is your equipment outdated compared to newer models?
     • If demand for a specific model has dropped, it may be time to sell.
  5. Compliance Costs
     • New safety or emissions regulations might require costly upgrades.
     • If the cost of compliance is too high, consider retiring or replacing the equipment.
  6. Financial ROI
     • Evaluate the resale value versus ongoing ownership costs.
     • Emissions or safety regulations can require costly upgrades.
     • If compliance costs outweigh benefits, replacing may be best.
  7. Fleet optimization
     • Streamline operations by phasing out redundant or outdated models.
     • A modern, versatile fleet enhances service quality and brand image.
  8. Physical Condition
     • Inspect the machine’s structure, hydraulics, and electrical components.
     • A long repair history might suggest that the machine is near the end of its lifecycle.
  9. Environmental considerations
     • Does the equipment meet current emissions standards? Modern electric or low-emission MEWPs support ESG goals.
     • Retiring older models supports sustainability and may help meet your company’s environmental goals.