Why Buying a Used Forklift Can Be a Smart Move

Published 9:50 am Tuesday, May 13, 2025

Forklifts are essential machines in many industries, from warehouses and manufacturing facilities to construction sites and logistics hubs. They simplify the heavy lifting, increase productivity, and improve workplace safety.

While new forklifts offer the latest features and technology, purchasing used forklifts for sale can be a practical and cost-effective option for businesses looking to expand or optimise operations without stretching the budget.

Advantages of Buying Used Forklifts

One of the primary benefits of opting for a used forklift is the immediate cost savings. New forklifts can be expensive, especially for small or mid-sized companies. A well-maintained used model can offer similar performance for a fraction of the price, allowing businesses to allocate funds elsewhere.

Subscribe to our free email newsletter

Get the latest news sent to your inbox

In addition to affordability, used forklifts often come with lower depreciation. Like most machinery, forklifts lose value quickly when first purchased new. By buying a used one, you avoid the steepest part of the depreciation curve. This means if you decide to resell the forklift later, it’s likely to retain more of its value.

What to Consider Before Buying Used

Purchasing a used forklift isn’t as simple as picking the cheapest one available. Several key factors should be considered to ensure the forklift meets your business needs:

Load Capacity and Lift Height

Make sure the used forklift can handle the weight and dimensions of your typical loads. Also, check that the lift height aligns with your racking system or shelving in the facility.

Fuel Type

Used forklifts come in electric, LPG, diesel, and dual-fuel types. The right choice depends on your usage requirements. Electric models are great for indoor use due to zero emissions, while diesel and LPG are better suited for outdoor or heavier tasks.

Hours of Operation

Similar to mileage in vehicles, forklift usage is measured in operating hours. Machines with high hours may require more maintenance. That said, a forklift with high hours that’s been well cared for might still be a solid investment.

Maintenance Records

Always ask for maintenance logs or service history. This helps you understand how the forklift was maintained and whether any major repairs have been done or are likely needed in the future.

Physical Inspection and Testing

It’s essential to visually inspect the forklift for signs of wear, rust, or damage. Also, test drive it to check for smooth operation, responsive steering, and functioning hydraulics.

Common Mistakes to Avoid

Even though buying used can be beneficial, it’s important to steer clear of certain pitfalls:

Buying Based on Price Alone

Cheapest isn’t always best. Consider the overall condition, brand reputation, and serviceability of the machine.

Skipping the Warranty or Return Policy

Reputable sellers often provide a short-term warranty or return policy even on used machines. This gives peace of mind in case unexpected issues arise.

Overlooking Dealer Reputation

Always purchase from a trusted source. Look for customer reviews or recommendations to ensure you’re dealing with a reputable supplier.

When Does Buying New Make More Sense?

While used forklifts are a great option for many, there are scenarios where new ones may be the better choice. For example, if your operation requires cutting-edge safety features or if you need a highly specialised forklift model, buying new may offer the most value long-term. Similarly, if uptime is critical and you can’t afford unexpected breakdowns, the reliability of a new unit might justify the investment.

Who Should Consider Used Forklifts?

Used forklifts are ideal for:

  • Small businesses or start-ups looking to minimise capital expenditure
  • Companies with occasional forklift use that don’t require the newest models
  • Operations that need to quickly scale up for short-term contracts or seasonal demand
  • Businesses expanding into new locations and looking for temporary equipment

Conclusion

Choosing a used forklift can be a smart and strategic decision for many businesses. By focusing on condition, maintenance history, and operational needs, buyers can find a reliable machine that boosts productivity without breaking the bank. The key is to do the research, understand your requirements, and work with a reputable seller who can guide you through the process. For companies in need of efficient material handling without the upfront cost of new machinery, used forklifts remain a highly practical solution.