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The Life Cost of Your Lift

There is a famous saying by John Ruskin:

“It's unwise to pay too much, but it's worse to pay too little. When you pay too much, you lose a little money - that's all. When you pay too little, you sometimes lose everything, because the thing you bought was incapable of doing the thing it was bought to do. The common law of business balance prohibits paying a little and getting a lot - it can't be done. If you deal with the lowest bidder, it is well to add something for the risk you run, and if you do that you will have enough to pay for something better.”

With those words of wisdom in mind, it begs the question as to why a lift, which is surely a major capital expense for anyone, would be bought on the lowest bid.

Ascot Lifts have been in the lift business now for over 30 years and have always been amazed by this. In our experience, buying at the cheapest price is a false economy in the long run.

It is perhaps understandable when dealing with building contractors as they are, (as perhaps we all are), just trying to maximise their percentage margin in a very squeezed market.

What still amazes me is the fact that when tendering to end users and consultants nobody asks about running costs, maintenance costs and spare parts costs.

These three items add up to the lift LIFE costs. Some vital components on some lifts can cost the user up to 35% of the original lift cost. This will of course greatly affect the lift LIFE cost. With good maintenance and subject to use, a user should expect to get 15 years out of their access lift. Some lifts are maintenance critical; others are tolerant of a more casual approach to maintenance.

The other very important thing to consider, and one that it seems that few are aware of, is that they must have the lift serviced regularly and inspected by a competent person (usually an insurance company lift inspector) at least once a year.

So when buying your lift, spare a thought for what John Ruskin once said, as he was truly a wise man.

Ascot Lift Services also supply and fit a selection of space saving Home Lifts, for Independence in the Home,

as well as offering a wide range of Goods Lifts and Service Lifts, or Dumb Waiters.