How Much Does an Electric Forklift Cost?
Last Updated: November 30, 2022
CostOwl.com note: Need a forklift at an affordable price? Fill out the 30 second questionnaire below and our forklift partners will send you free price quotes.
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A new electric forklift is going to retail for $25,000 to $35,000. That will be the total after you have bought a battery and charger. The battery and charger alone will cost $2,000 to $8,000. The general rule of cost is that the bigger the forklift, the more power it delivers, the greater the cost will be. The same goes for the forklift batteries. The bigger and more powerful they are, the higher the cost. Costs will also vary greatly from brand to brand.
How Much Does a Used Electric Forklift Cost? #
You don't need to break the bank to buy an electric forklift. There's an expansive market for used electric forklifts. Much like cars and boats, the used market is almost bigger than the new forklift market. You can find a starter electric forklift for $4,000 to $8,000. This will get you a forklift that was probably built in the 1980s, 1990s, or even the first decade of the two thousands. You may find a mid-range used electric forklift for $8,000 to $12,000. Most of the forklifts in this range come equipped with a 4,000 pound to 5,000 pound capacity.
It's really not about the year the forklift was manufactured. What's more important is how many man hours the unit has in use and how the unit was maintained during its life. Be sure to ask questions on how many hours the forklift has been in use.
Green Electric Forklifts #
Electric forklifts save the environment just because of the fact they don't use fossil fuels. They don't expel smoke and toxins into the environment. Be kind to Mother Nature. If you have the option of buying electric over gas you should seriously consider taking the sustainable option of electricity.
Electric Forklifts Save on Health Care Costs? #
Electric forklifts do not emit toxic fumes like gas powered forklifts. In a warehouse where the doors stay open all the time fumes still hang around. Even in an open yard your employees can breathe in fumes. It may be better for employee health to use electric forklifts. Healthier employees translate into a happier and more prosperous company.
Top Electric Forklift Manufacturers #
- Toyota
- Caterpillar
- Hyster
- Komatsu
- Nissan
- Crown
- Jungeinrich
- Linde
- Mitsubishi
- Nichiyu
- Sumitomo
- TCM
- BT
- Yale
- Manitou
- Moffett
Used Electric Forklift Examples #
Below are some sample prices for used electric forklifts. To get an accurate estimate of what your electric forklift will cost you, get connected to local forklift dealers using our fast form.
Used KalmarAC/Komatsu #
Year: 2005
Model: E50BBXH
Load Capacity:5,000 LB
Hours: 1,400-1,600
Price: $9,000.00-$11,000
CostOwl.com note: Need a forklift at an affordable price? Fill out the 30 second questionnaire below and our forklift partners will send you free price quotes.
Crown Quad Stand Up #
Year: 2005
Model: RC3020-40
Height Capacity: 20 feet
Price: $8,000 to $10,000.
You may find a 2005 Crown Quad Stand Up Forklift in the range of $8,000 to $10,000. It will have a standard load capacity of 4,000 - 5,000 pounds and a lift height capacity of 20 feet.
Toyota Electric Cushion Tire Rider Fork Lift #
Year: 2004
Load Capacity: 5000 Lb.
Average number of operating hours: 13,000 to 15,000
Average Price: $6,000 to $8,000
You may find a 5,000 pound forklift from Toyota in the range of $6,000 to $8,000 with 13,000 to 15,000 hours of operation under its belt. Toyota's reliability makes them a popular choice in forklifts as well as automobiles.
Hyster forklift Hyster Electric Lift w Turret #
Year: 2006
Model: N30XMH
Hours: 1,500 to 2,000
Lift Height: Less than 12 feet
Load Capacity: Less than 4,000 lbs.
Price: $7,000 to $9,000
You may find a used Hyster forklift for $7,000 to $9,000 for a forklift that is less than a decade old! It will not have a full 5,000 lbs. of lifting power. Therefore, you may have to spend more if you are looking for a higher load capacity. Hyster is a quality forklift but you have to pay for that quality in the price tag.
Used Komatsu LPG Forklift #
Year: 2006
Model # FG25ST-14
Hours: 5000-5900
Max. Lift Capacity: 5000 lbs
Price: $9,000 to $11,000
Another top electric forklift brand is Komatsu. You may find a used 2006 Komatsu for $9,000 to $11,000. A unit in this range will have ample power for 5,000 pounds of lifting.
