Equipment Trade-in Value
Trade-in or Sell Your Used Equipment
Equipment Trade-In
Naturally, you want a high trade-in value for your old equipment. Here are a few ways to ensure you receive top dollar for your equipment.
Sell Your Equipment
We’ll make sure that you get the best possible deal for your forklift. We buy forklifts dead or alive.
Consignment
Want to sell your equipment but don't have the time? We offer consignment services to help your equipment find a new home.
Upgrade Your Equipment for Less With a Qualified Trade-in
Using our appraisal form, we will help you find the best value for your trade-in and provide you the upgrade you are seeking. But first, some things to consider to get the most for your trade-in equipment.
Maintenance
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 mileage increases a car’s trade-in value, a forklift with lower-than-average hours is worth more than one with a lot of hours.
When the hour meter approaches 10,000 hrs, the value starts dropping significantly. This goes for both electric and IC (gas and LP) forklifts. Here are some general guidelines:
- 1,000-5,000 hrs – higher trade in value
- 6,000-8,000 hrs – decreased value
- 9,000-13,000 hrs – lower value
- 13,000+ hrs – lowest trade in value
That said, most forklifts have a lifespan of about 10,000 hours, so if the trade-in is a high quality brand, such as a Toyota or Nissan with more than 15,000 hours, you can expect to get something, whereas if it were a lower quality make with the same hours, your valuation may not be as high.
For electric forklifts, battery maintenance is crucial. If the lift has a dead battery, then it's a dead forklift. If the battery and charger are functional, that will 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 standards. For example, if you use a truck-mounted clamp, it must have an interlock device.
Overall Appearance
Though you may not be able to get the truck looking like-new, a nice looking piece of equipment matters. Clean up the machine as much as possible. If there is visible damage to the machine that can't be fixed, such as dents, this may affect the overall value.
Conclusion
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.
Ready for an Appraisal?
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 an inspection. 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, we will make sure you get a great deal for your equipment.