The lift maintenance company has advised the owners that the lift needs to be replaced as the lift parts are obsolete.
If essential components of the lift, such as the main control board are obsolete this can be a serious situation. If the main controller board fails and can’t be replaced the lift will be out of service until the lift is modernised or replaced. The process to replace a lift may take 6-8 months!
The lift looks old and detracts from the buildings appeal.
The main decision will revolve around, is it just the shabby look of the lift that needs improving or is the ride quality and reliability of the lift a major concern and impacting the appeal of customers or tenants? Unless the lift is very old or poor quality, most items can be addressed over time to minimise user disruptions. However, some customers decide to make all things new with a good quality new lift. Discuss this with a range of lift companies to assist with the decision making.
The ride quality is poor or even “scary” and it breaks down constantly with trapped passengers.
This might just be poor maintenance, so do some research and have a couple of reputable companies inspect the lift and get written opinions. Some companies will allow customers to inspect the lift with them, so they learn about their lift. This will assist significantly with the decision-making process.
The building's use has changed.
If a building has changed use from, for example, residential to medical, it may be necessary to obtain the professional opinion of a lift consultant to decide on the lifting requirements for the building. If the building is just getting a general upgrade or is targeting a different clientele, then it might be appropriate to replace a slow and low use disabled lift with a higher duty cycle and faster lift. Again, discuss this with a range of lift companies.
Repair costs have become exorbitant.
This one is simple maths, however, it may be that your current lift company may not be competent or is charging too much for repairs. The obvious solution is to obtain alternative maintenance and repair quotes. A word of caution before having lift companies assess a lift, first ensure that the lift is not under an exclusive maintenance agreement with a lift company. If this is the case, you might be charged significant safety reestablishment fees, this can run into thousands of dollars. When signing lift maintenance agreements, try to find companies that have “no lock in” agreements.
The owner simply wants a faster and a modern looking lift.
If you have the funds and replacing a lift works with the building's use, then go for it! Just read as much about what is involved before you commit.