by Trey Barber, on January 1, 2025 at 10:30 AM
If you need to expand your forklift fleet, buying a used forklift can be an affordable alternative to investing in new equipment. A used forklift, when purchased from a reputable seller, costs about half as much as a new one and offers excellent long-term value.
Plus, you get the equipment you need right away. You don't have to wait for the forklift to be built and shipped from the factory.
Top 3 Reasons to Buy a Used Forklift
#1 Sudden Equipment Needs
When you equipment breaks down and the cost of repair is more than the truck is worth, you need a replacement FAST. The same goes if your business demands grow and you need to meet demand quickly.
When the requirements of your forklift fleet grow quickly or suddenly, a piece of used equipment can help round out your fleet to keep it optimized to deliver the maximum throughput and performance you need.
#2 Maximize Buying Power
Buying a used forklift is much like buying a used car - you can expect to save roughly 50% off the sticker price of new equipment when purchasing used. When your dollar goes further, you can plan on acquiring two used forklifts to better meet your operation's needs vs one new machine. When properly maintained, used forklifts can offer years of economically viable usage.
#3 Familiar Design Features
Forklift manufacturers regularly update their models with new features and options. If your operators are accustomed to a previous model’s layout and operation, purchasing a used forklift with the same configuration can keep your operators comfortable and productive.
Why Buy From a Dealer
When purchasing used forklifts, consider buying from an authorized dealership. In other words, if you're looking for a used Toyota forklift, buy from a Toyota forklift dealer.
Dealers must meet high standards to earn their certification from the OEM and get access to special deals and warranties other third parties may not. Relying on authorized dealers also gives you the peace of mind that comes with knowing your equipment has been maintained with OEM-manufactured parts to ensure the best performance.
Whether you’re replacing damaged equipment or expanding your fleet to meet new growth requirements, buying used material handling equipment can be a productive option. Want to learn more about what to look for when buying used? Download our free Used Forklift Buyer’s Guide.
Related Reading:
Before You Buy a Used Forklift, Ask These 3 Questions
Common Misconceptions About Buying a Used Forklift
Find Used Material Handling Equipment for Your Business
