Are you looking to trade in a functional, but older forklift for a newer model? We can help make that happen!
Ready to trade in your old equipment?
Get the Most of your Trade-In
Naturally want a high trade-in value for your old equipment. Here are a few ways to ensure you receive top dollar for your equipment.
Get an Appraisal
When you are ready to trade in your used forklift, contact us, and we’ll make sure that you get the best possible deal for your forklift.
Forklift Trade-In Value Factors
When you are ready to trade in your used forklift, contact our company, and we’ll make sure that you get the best possible deal for your forklift. Here are some tips to gert the most out of your trade-in.
You wouldn’t buy a car that was old and barely running, the same goes for a forklift. Maintain Your forklift well and you can expect a higher value when it comes time to sell. Have a Central Oregon Forklift & Equipment technician come by for a tune-up before the machine is evaluated for trade-in. It can make a huge difference!
Age / Hours
Just as low-miles increase a car’s trade-in value, a forklift with lower-than-average hours is worth more than one with a lot of hours. Read how we determine a forklift’s “age.”
When the hour meter approaches 10,000 hrs, the value starts dropping significantly. This goes for both electric and ICE (gas) forklifts. Here are some general guidelines:
- 7,500-9,500 hrs – higher trade in value.
- 9,500-12,500 hrs – decreased value
- 12,501-16,000 hrs – lower value
- 16,000+ hrs – lowest trade in value
That said, most forklifts have a lifespan of 25,000 – 30,000 hours. So if the trade-in is a High quality brand such as Toyota or Nissan with more than 15,000 hours, you can expect to get something for it versus a non-quality lift truck.
For electric forklifts: battery maintenance is crucial. If the lift has dead battery, then it’s a dead forklift. If the battery is functional, including the charger will also increase the unit’s value.
Configuration and Accessories
What is the max-height of the mast, and what is its load capacity? Does your forklift have a side-shifter or fork positioner? Certain configurations make a lift truck more valuable. Be sure all accessories conform to OSHA stands. For example, if you use a truck-mounted clamp, it must have an interlock device.
Though you may not be able to get the truck looking like new, a nice-looking forklift matters. Clean up the machine as much as possible, think about when you do a “move-out” inspection on an apartment. If there is visible damage to the machine that can’t be fixed, dents and so forth, be prepared to explain what happened.
If you plan on trading in your forklift, maintain it well and prepare to let it go before the 10,000-hour or 10-year mark. Older forklifts aren’t worth much as they typically don’t meet EPA standards and may be considered a safety risk. Get a tune-up before your forklift is evaluated, and ensure the machine looks as nice as possible.
When you are ready to trade in your used forklift, contact our company, and we’ll make sure that you get the best possible deal for your forklift. Here are some tips to get the most out of your trade-in.
Simply send us photographs of your equipment along with pertinent information such as model number, age and condition or Have a Central Oregon Forklift & Equipment technician come by for a inspection and we will determine the value of your equipment, and list your equipment on our website. We can help you find a top-notch used forklift from our inventory that suits your needs. If we do not have what you are looking for, we’ll give you money that you can put towards purchasing a brand new forklift. Either way, you’re getting rid of unwanted equipment and getting a high-quality forklift at a wholesale price.
Trying to find a buyer who will pay a fair price for a forklift can be difficult. With no standards for value or appraisal, it may be hard to tell if you’re getting your money’s worth. But we are dedicated to ensuring that you get the best possible value for your used equipment. Whether you want to trade in your old forklift for something in our inventory or get money towards a brand new one, NFE will make sure you get a great deal for your equipment.