Is Your Old Lift Costing Too Much to Run?

When Do Lift Repairs Stop Making Financial Sense?

Is your old lift costing too much to run? If you were to add up every invoice for your lift over the past two years – repairs, maintenance, emergency callouts – what would the total be? For many owners of older buildings, the resulting figure comes as a shock, and it will only grow annually – all for a service that remains unreliable.

What if you could swap these unpredictable expenses for a clear, long-term, and cost-effective solution? In this blog we demonstrate how to break this costly cycle for good.

Tower Lifts has spent over a decade guiding clients through this exact problem. In addition to being lift installers, we’re specialists in assessing the moment when old lift running costs have become financially unsustainable. Our work, from lift removal to installing a new energy-efficient model, focuses on delivering long-term cost effectiveness for owners of lifts that have turned into a financial drain.

What’s Hiding Beneath Your Lift Repair Bills?

Your repair invoices are just the tip of the iceberg when it comes to your old lift’s real running costs. Hiding below the surface are the expenses that are draining your budget across the board. Here are just a few examples:

• Poor energy efficiency from outdated motors impacting your electricity bills
• The cost of staff time dealing with breakdowns and complaints
• Potential loss of tenants who need an efficient lift system

When you put all these hidden factors together with your repair bills, the financial picture starts to look a lot more unsustainable.

This is where our team’s experience is invaluable. We help clients identify that precise tipping point where an ongoing problem has to be solved once and for all. We can demonstrate when your lift’s running costs are beginning to outrun the investment required for a lift replacement. This isn’t about selling you a lift; it’s using the expertise we have to provide the clarity you need. We can advise you when to stop patching a recurrent problem and put your money, instead, into long-term reliability.