Forklift Price

Buying a used forklift is a cost-effective option for businesses that need a forklift but can’t afford a new one due to budgetary constraints. Determining a fair price to pay for a used forklift, however, can be frustrating and confusing. If you’re considering selling or trading in a used forklift, finding out what it’s worth can be just as difficult.

Middle-range forklifts, like the Manitou MRT 3050 Privilege plus, usually weigh 50 tons, have capacities of 15.5 tons, and reach up to 81 feet and 6 inches. Standard high-end lifts weigh 53 tons, lift 12 tons, and extend up to nearly 104 feet. What are the general specifications of master forklift trucks?
Godrej 1.5 to 3 Ton Diesel Forklifts. ₹ 7.9 Lakh Get Latest Price. Capacity: 1.5 to 3 tonne capacity at 500 mm load center, 1.5 & 3 ton capacity at 500 mm load center. Fuel Type: Diesel. Place of Application: Indoor and Outdoor. Turning Radius: 2460/2500 mm. Load Center Distance.

Whether you’re planning to buy or sell a forklift, knowing its market value is a key factor. You don’t want to overpay when buying a used forklift and if you’re a seller, you want to be sure you’re not undervaluing it. This article will give you the basics of setting a forklift’s price and guide you through the process.

Forklift Cost Ranges: Forklift costs can vary widely depending on exact specifications and customer needs, but there are some ranges to keep in mind. A brand new, electric forklift with standard capacity might cost $20,000 – $45,000 dollars and up with an increase of $2,500 – $5,000 for a battery and charger. Forklift Trader delivers used forklifts refurbished by certified mechanics at the lowest prices. Need a lift that you don’t see here? GET US ON THE PHONE. Used Forklift Inventory. Whether you’re job requires electric, rough terrain, or specific tonnages, we can track it down for you.

FACTORS AFFECTINGTHE VALUE OF A USED FORKLIFT

The cost of used forklifts can vary widely. Here are some of the several factors that determine price you can expect to pay:

✓ The Manufacturer.

Because they’re usually built with better technology and offer superior performance, well-known brands typically cost more than their lesser-known counterparts.

✓ Load Capacity and Lift Power.

How much weight the forklift can raise and carry will affect the forklift’s cost. The more powerful the truck, the higher the price.

✓ Engine Type.

Purchase prices for battery powered electric forklifts and lifts powered by gasoline, diesel or other fossil fuels tend to be about the same. Although electric forklift batteries need replacing from time to time, over the long run they’re considerably less expensive to operate on a daily basis.

✓ Type of Tires.

Pneumatic tires cost more to replace than cushion tires, although pneumatic tires provide better traction and smoother driving. Pneumatic tires also make lifts easier to handle on rough terrain than cushion tires.

✓ Number of Operating Hours on the Forklift.

A forklift’s age is based on how many hours it’s been used rather than the number of miles it’s been driven. Key factors to consider when buying a used forklift are what it will be used for and how many hours per day it will be operated. If it’s to be used for lifting heavy loads on long shifts, a used truck with low hours will both last longer and perform better than older forklifts with more hours, which can also cost more in maintenance and repairs.

NEW & USED FORKLIFT PRICES

How much does a forklift cost? Used forklift prices can vary based on their age, use history and power source. Here’s a general pricing guide that reflects the range of prices for both new and used equipment:

Lift Type Cost Range Used Cost Range New

3,000 lb. Electric Forklift $5,000 – $10,000 $20,000 – $30,000

5,000 lb. Internal Combustion $10,000 – $15,000 $15,000 – $30,000

Based on a 250-day work year, here are the estimated annual operating costs broken down by power source type:

✓ Electric forklifts: $1,500 – $2,000

✓ Diesel forklifts: $12,00 – $15,000

✓ Gasoline forklifts: $10,000 – $12,500

CALCULATING A FORKLIFT’S VALUE

Valuing a forklift takes more than just punching a few numbers into a calculator. Here are some factors to help you determine a fair purchase or sale price:

1. AGE.

Just like cars, forklifts begin to depreciate the minute they leave the dealer’s lot. To come up with a ballpark estimate, check the serial number to determine the lift’s age. Research the same model’s price when new and deduct 15% per year for depreciation. This will give you an estimated base price to use as a starting point.

Cost Of New Forklift

2. USE HISTORY.

Regularly moving heavy loads and operating under extreme weather conditions can also cause forklifts to age faster, so ask to see a record of all hours the forklift has been Forklifts that worked long shifts on a daily basis will cause them to age faster than those with a history of shorter and lighter workloads. Knowing the number of hours and how a forklift was used are key factors in estimating a used lift’s market value.

3. ADDITIONAL FEATURES.

Extra features on a used forklift will normally add to its value and cause the price to go Examples include a digital control panel, air conditioned cab, automatic load weighing scales and similar options.

4. CURRENT CONDITION.

The market value of a used forklift depends largely on how well it’s been cared for. Good paint, good tires, a damage-free mast, a clean driver’s compartment and a well-maintained engine all add up to a higher overall Parts that have recently been replaced or features that have been added will also increase the forklift’s value.

FORKLIFT SERVICE AND MAINTENANCE HISTORY

Buying a used forklift from a dealer will probably be more expensive initially, although presumably it will be in very good working order, which should save on operating costs and keep your business running smoothly. When trading in a forklift, expect lifts with more than 10,000 hours to be worth less. Two more reasons older trucks are worth less are that they might not meet EPA standards and may be a safety risk.

When considering buying a used forklift from a dealer, things to look for are whether the dealer offers onsite service for breakdown repairs, their emergency response time and whether replacement parts are readily available.

SELLING A USED FORKLIFT

If you’re considering selling your used forklift, here are some tips:

✓ Be realistic.

Do some online research to find out how much dealers and private parties are asking for forklifts of the same age and model, which will help you set a competitive price.

✓ Take good photos.

Forklift Prices Upper Limit

After thoroughly cleaning and repairing any cosmetic blemishes, take and post a picture or pictures on your web site or online sites that sell used heavy equipment.

✓ Accurately describe the forklift’s condition.

This should include the model, year and overall condition. Point out any recent repairs, part replacements or upgrades. Buyers deserve to know exactly what they’re getting, so be honest when describing your forklift’s features and be up front about disclosing mechanical problems or defects

✓ Be prepared to negotiate.

Forklift Price Philippines

Even if you set a fair price, you may end up having to settle for less than your asking price. For example, if there’s a part that needs replacing, you might need to deduct the cost of the repair from your asking price in order to make the sale.

SAVE MONEY BY TRAINING YOUR OPERATORS

Having trained and certified forklift operators won’t reduce the cost of buying a forklift, but it can reduce operational costs while improving safety and productivity while keeping your business OSHA compliant.

To find out more about ForkliftCertification.com’s training programs, check out our selection online forklift training courses. The 100% OSHA-approved classes take only about an hour for your workers to complete, and what’s more, there’s no waiting since workers can print their certification card as soon as they pass the test. Enroll your operators today our fast, convenient and affordable forklift training!

Get Free Forklift Leasing Price Quotes

Summary: Forklift Leasing Prices

Leasing a forklift will cost between $250 and $950 per month depending on the size of the lift. Generally, the more expensive the forklift, the more it will cost per month. Delivery of the forklift may cost up to $100.

Leasing a forklift is a good option for business owners who need the use of a lift truck for more than a year, but are not interested in sinking large amounts of capital into purchasing a machine. While forklift leasing provides the ultimate in flexibility by allowing you to return the equipment at any time, it also has the highest costs. Forklift leasing, also known as a long-term rental, may not be quite as open-ended as a short-term rental, but you still maintain considerable flexibility while keeping costs down. This buying guide outlines the basics of leasing a forklift and includes pricing information to help you start budgeting.

Reasons Why Leasing a Forklift Is Better Than Buying

Forklift leasing has a number of advantages over ownership, including:

Cost Effectiveness: Unless you need a forklift for 52 weeks a year indefinitely, spending $30,000 or so for a new machine just doesn't make sense. Whether you have seasonal business, a temporary increase in workload, or are taking on a special project with a definite endpoint, leasing a forklift is probably the way to go. And the money you save by leasing can be put into what matter most: growing the business.
Better Equipment: In addition to freeing up capital, leasing a forklift usually results in getting better equipment than you could afford to buy. Leasing new or almost new equipment ensures that you will have a quality machine that won't break down.
Fewer Responsibilities: With the purchase of a service or maintenance plan, if anything does go wrong with the leased forklift, the dealer will take care of it.

The Basics of Forklift Leasing

While leasing is cheaper than buying, it is still a considerable investment and should be thought over carefully. Some things to keep in mind before signing on the dotted line include:

Types of Forklift Leases: As a forklift lessee, you have two major options. The first is a 'pure' or 'true' lease, which is defined by a lease term such as 36 or 60 months. After this period the equipment is returned to the dealer. The other major leasing option is a capital lease, which is considered a purchase and often gives you the option to take ownership of the equipment when the lease term expires. Both types of leases have tax implications that should be discussed with an accountant.
Lease Duration: Have a clear understanding of how long you will be using the forklift so that you don't end up leasing it for longer than is necessary or cost-effective. If you want to retain ultimate flexibility by using a forklift for only a few days, weeks, or months, you may want to consider renting a forklift.
Forklift Capability: How heavy are the loads to be moved and how high do they need to go? Will special attachments be required? Is the machine going to be used indoors or outdoors? Make sure to do your homework and determine what type of forklift is required for the job, otherwise you could end up paying for too much machine or else leasing one that can't handle the job.

Forklift Price Malaysia

Average Forklift Lease Costs – Sample Prices

If lift truck leasing sounds like a good fit for your business, the information below will give you a better idea of how much it costs to lease a forklift. Keep in mind that regional prices can fluctuate significantly. Prices shown below are only meant to serve as a basic overview.

In many cases, the total cost of your lease will be based on the vehicle price and the length of the lease agreement.

A vehicle costing $10,000 can be leased for approximately $250-$350/month over 36 months or $200-$250/month over 60 months.
A forklift that retails for $20,000 costs roughly $550-$675/month over 36 months or $300-$400/month over 60 months to lease.
For a lift truck that costs $30,000, you might pay around $850-$950/month for 36 months or $550-$650/month for 60 months.

Actual forklift leasing prices paid by U.S. customers include:

$524 per month for 36 months (Washington DC)
$400 per month for 36 months (Chicago)
Delivery and pick up, if not included as part of your lease agreement, could cost an additional $50-$100 apiece.