The Forklift Buyers Guide

How Much Does a Forklift Cost?

Understanding the cost of a forklift is key to making a smart purchase. Prices can vary greatly, influenced by several factors. Here’s what you should keep in mind:

  • Forklift Type: The model of the forklift can impact the price.
  • New or Used: New models are pricier but usually come with a warranty. Used ones can be cheaper but may need more upkeep.
  • Specs: The lift capacity, height, and fuel type (electric, diesel, or gas) affect the cost.
  • Brand: Some brands are more expensive due to their reputation.
  • Location: Where you buy can change the price.
  • Extras: Any additional features or attachments can increase the cost.

Always consider not only the upfront cost but also the ongoing maintenance and operation costs.

The below table provides a general overview of the cost of purchasing a forklift in the UK. It’s important to remember that these are rough estimates and actual prices can vary based on the factors listed above.

Forklift cost in the UK by type
Forklift Type Cost Range New (GBP) Cost Range Used (GBP)
Counterbalance £14,000 to £55,000 £5,000 to £45,000
Reach Trucks £10,000 to £40,000 £5,500 to £28,000
Side Loaders £17,000 to £70,000 £7,000 to £55,000
Telehandlers £50,000 to £100,000 £10,000 to £40,000
Rough Terrain £14,000 to £35,000 £5,000 to £20,000
Order Pickers £8,000 to £17,500 £5,000 to £14,000
Stackers £1,700 to £14,000 £700 to £10,000
Powered Pallet Trucks £200 to £4,500 £70 to £2,800
Very Narrow Aisle (VNA) £25,000 to £50,000 £10,000 to £35,000

Note: For a detailed breakdown of pricing of electric forklifts, see our Electric Forklift Pricing Guide.