Who buys used forklifts near me? There are a couple of options including forklift dealerships and companies that use forklifts.
We have been in the material handling industry for over 40 years and we would love to share our expertise and experience with you.
We'll take a look at your options for selling your forklift and outline the advantages and disadvantages of each. So, let's get started.
Who buys used forklifts near me? Forklift dealers and companies who use forklifts
Who Buys Used Forklifts Near Me? Options
There are two options if you are looking for someone to purchase your used forklift. You can contact a forklift dealer who will buy it from you and then sell it or you can try to find someone yourself who is looking to buy a forklift.
Here are the advantages and disadvantages of each approach.
Disadvantage of selling your forklift to a dealer
Lower Price
Price can be both an advantage and disadvantage when you choose to have a dealer buy your used forklift. You will most likely get a higher price if you sell it yourself, however, if you are not sure about the actual value of your forklift, you may not get the price that you deserve.
However, if you find a local reputable dealer, it will help ensure you get a fair price.
Advantages of selling your forklift to a dealer
No Hassel
The biggest advantage of selling your forklift to a dealer "who buys used forklifts near me" is that it is the easiest route to take. You won't have to invest a lot of time and effort into trying to sell your forklift yourself.
You will get your money right away and you won't have all of the hassles of having to promote your forklift, find potential buyers, and negotiate a price.
Who buys used forklifts near me? Contact a local dealership
Fair Price
You might think that the price should be a disadvantage because the dealer will need to get their cut on the sale. However, if you take into account the cost of the time that you will have to take in order to sell your forklift yourself, you will find that difference in price is well worth it.
If you choose a reputable local dealer who has been in the industry for a long time, then you should get a fair price for your forklift. This is because they want to make sure that they maintain a good reputation in the industry.
Trade-in Options
If you are looking to replace your used forklift with a new or newer option, then a dealer can help you get the best selection. Work with a dealer that will let you use your forklift as a trade-in so that you can get the best deal on your purchase.
A good dealer will take your old forklift as a trade-in on a new one
Financing Options
If money is tight, dealerships often have a financing option that you can take advantage of that you won't get if you purchase a used forklift privately.
Knowledgeable Advice
Dealerships will also be up-to-date and knowledgeable on the most recent models and features and will be able to help you make the perfect choice for your needs.
A dealership can give you helpful advice when choosing another forklift
Disadvantages of Finding Your Own Buyer
Finding Buyers
If you are selling a used forklift, you will need to find buyers yourself. There are fewer local buyers for forklifts than there are for personal vehicles like cars, so you will want to advertise your forklift to a wide audience.
Selling it online is your best choice for attracting the widest audience. There are a number of popular online sites where you can list your forklift. The top two are Kijiji and Auto Trader.
Who buys used forklifts near me? You can find buyers online
Time
The biggest disadvantage to selling your forklift yourself is that it takes a lot of time and effort. If you need to sell quickly and you don't have a lot of spare time, then you might not want to try to sell your forklift yourself.
Negotiating
There is an art to negotiating when you are selling a used forklift. Be prepared that whatever price you set for your forklift, your potential buyers are probably going to try and talk you down.
You might want to take that into consideration when you are setting your initial price. If you aren't comfortable with negotiating, then you might find this process awkward.
You may find it difficult to negotiate a good price
Advantage of Finding Your Own Buyer
Higher Price
The biggest advantage of finding your own buyer is that you should get more money for it. If you have the time and you are a good negotiator, then you could do quite well on the deal.
How to Set the Right Price for Your Forklift
One of the most difficult parts of selling your forklift is setting the right price on it. You want to get as much as you can for it, but you also want to price it competitively so that it won't take too long to sell.
Research other forklifts for sale:
You can do some research online to see what other similar forklifts are going for. However, you may have a hard time finding many to compare yours too as the selection will probably be limited.
The condition of your forklift will affect the price
Factors that will affect the price:
When setting your price, you need to take into consideration a number of key factors, such as:
Capacity: The higher the lifting capacity, usually the higher the price for the forklift.
Hours used: Like mileage on a car, if your forklift has higher working hours on it, then that will lower the price.
Type of forklift: Generally an electric forklift will cost more than a propane one.
Forks: If your forks have cracks, bends or if they show signs of wearing in the fork heels, then the price will be lower.
Overall condition of the forklift: The overall condition of your forklift will affect the price as well. The lift chains, hoses, mast rails and mast rollers need to be in good shape to get a higher price.
Also, the condition of your tires will affect the price; if your forklift needs new tires then you will get a lower price.
Looking for a Used forklift buyer? CONTACT WAYCO
If you are looking for a dealer to purchase your used forklif, contact Wayco. We will offer you a fair price and we can assist you if you need to purchase a replacement forklift.
Why Choose Wayco?
Best Used Forklifts: We sell the best-used forklifts you can buy and our knowledgeable staff will be able to help you choose the perfect model that will best suit your particular applications.
Accept Your Trade-In: At Wayco, we purchase surplus equipment and we will accept your old forklift as a trade-in.
Deliver Your Forklift: We can even conveniently deliver your forklift right to you.
Financing Available: We also offer financing for both new and used forklift purchases.
Certified Vehicles: All of our pre-owned equipment is carefully inspected and certified.
Best Warranty: We offer an incredible 30-day front to back full warranty on our used forklifts that will definitely ease your mind when you buy.
Our new forklifts also come with the best warranties in the industry. For example, most of our lithium-ion battery forklifts from Hangcha come with an incredible 10 year / 20,000 hour warranty!
Contact Wayco today for all of your forklift needs.
““I have used Wayco twice, and both times I experienced excellent customer service . They had the right forklift for my needs at a reasonable price. I will be using their services in the future and recommend you do as well.””
