Heavy machines, plants, and equipment are integral parts of any manufacturing unit. Car lifts are an advanced form of machines that are used to raise or transport vehicles from one level to another. To discuss the price structure, each lift varies in cost depending upon its features. A four post lift installation is a bit expensive procedure like other lifts. This lift is best among all the other types of lifts. It is made of solid material and provides a safe ramp for lifting cars. Following is a brief discussion about the price structure of lifts.
Factors affecting the price:
Multiple factors tend to affect the cost of car elevators. This article will explain a few factors;
Material quality:
Mostly the material used in manufacturing car lifts is tough and reliable. Good material quality is the primary factor contributing to the prices of machines. Furthermore, efficient equipment processes the material to give it a refined welded structure. For example, mechanical lifts have a different price range than hydraulics lifts. However, electric lifts use batteries and other backup energy, which tends to fluctuate the lift prices.
Hydraulic system:
Hydraulic system is commonly used in most lifts as it is cost-effective compared to traction lifts. At the same time, these lifts require some maintenance which may be expensive.
Types of lifts:
As discussed above, different types of lifts have additional features which cause their prices to be uneven in the market. Similarly, the installation of in-ground, two-post, and four-post car lifts requires more labor and efficiency. This increases the overall installation cost.
On the other hand, portable and scissor lifts are easy to carry and have different price ranges. These are usually cheaper than other lifts as they do not require installation in any particular place.
Market demand:
Car lifts’ prices may fluctuate due to market demand and competition changes. Factories usually require several lifts on their premises for proper working. An order of a large number of lifts to a company may help you get a discount.
Engineer’s salary:
If you want to install a lift in your factory or garage, first, you need to map out the area and dimensions. For this purpose, companies send their engineers to inspect the place. The engineer’s salary is also included in the overall overhead cost of installation.
Guaranteed residual value:
If the companies guarantee their products more extendedly, they may charge a high amount for this guarantee. However, some companies also offer discounts to customers who place bigger orders.
Conclusion:
Car vertical and horizontal lifts are significantly used in industries and showrooms. You can customize your lifts according to the need of your place. If your garage needs to be in better condition, you may need to repair it before installing a car lift.
Typically garage lifts prices range between $1000-$1500. However, this price may change from one lift to another. Price may increase if you want extra features, i.e. increased load capacity or extra height in a customized lift.
