Trade in forklift: If you are looking to trade in your forklift towards purchasing another one, this post is for you.
We have over 40 years in the material handling industry and we would love to share our expertise and experience with you.
We'll give you the steps to follow to find the best forklift dealership that offers trade-ins and outline the factors that will affect the price you get. So, let's get started.
Trade In Forklift: Find the Best Place
Trade In Forklift: Not All Dealers Offer This
Not all forklift dealers will allow trade-ins towards the purchase of another forklift. However, it pays to find one that does as it has some great benefits, including:
Saving you time: Trading your forklift will be a much faster process than trying to sell it yourself.
Saving you effort: It is much easier to trade in your forklift than having to do all the work involved in selling it yourself.
Guaranteed sale: If you try to sell your forklift yourself, you may not be successful.
Getting the right replacement: If you trade in your forklift to a reputable dealer, then they can also help you find the perfect replacement.
A reputable dealer can help you find the perfect replacement equipment
Trade in Forklift: How to Choose the Right Dealer
Here are some steps to follow when you are looking for the right dealer to trade your forklift into.
Step #1: Find a Dealer that Offers Trade Ins
The first step to finding the right dealer to take your forklift trade-in is locating one that is relatively close to you and actually offers trade ins. Go online to search for forklift dealers in your area that offer this service.
If you are having a hard time finding a dealer near you, expand your service to dealerships further away and check to see if they offer pick up and delivery. If they do, then using a dealer that is a bit further away won't matter as much and it will give you a better selection of places to choose from.
Search for a dealer that does trade-ins
Step #2: Do Your Research
Once you have a list of dealerships that offer trade ins, then take a look at each one and the type of reputation they have.
You can search online reviews from third-party sites such as Google reviews and the Better Business Bureau to discover what past customers are saying about the company both good and bad. Check out their star rating on Google and how many reviews they have received.
A company that has several reviews with a high rating will be more reliable than a company that has a 5-star rating but only one review.
Trade In Forklift: Online reviews will help you find a reputable dealer
Step #3: Talk to Previous Customers
You could actually contact previous customers to see what they think of the forklift dealership. Often online reviews will have company names, so you could call that company to ask about their experience with the dealership. Some possible questions you could ask include:
Did you have a trade-in and did you receive a fair price?
Are you happy with the quality of the equipment you purchased now that some time has passed?
Did you have any issues trading in your forklift?
Would you recommend this forklift dealership?
In addition, you could contact the forklift dealership directly to get the names of previous businesses they have sold to so that you could contact them for a reference.
Find out what previous customers think about the dealership
Step #4:Choose a Dealer with Lots of Years of Experience
When you make your choice of where you want to take your trade in forklift, choose a forklift dealer that has been in business for a long time. Lots of years of experience means two things:
1) You will be dealing with a reputable company: For a business to stay in business for any length of time, they need to have a good reputation.
A dealership that treats its customers fairly and has high-quality products and services will be able to stay in business much longer than a business that does not. This is especially true for a smaller, local business that relies heavily on repeat traffic.
2) You can take advantage of their great knowledge: A dealership that has been in business for a long time, will have acquired a wealth of knowledge about forklifts and they will be able to help you make the best choice.
Trade in Forklift: Choose a dealer that has been in business for a long time
Factors that Will Affect Your Trade-in Value
Some of the main factors that will affect how much you get for your trade in include:
Load Capacity: Forklifts with larger capacities usually sell for more than those with smaller capacities.
Type of Fuel: Electric and diesel models usually sell for more than Propane (LPG) models.
Type & Condition of Tires: Speciality tires that are in good condition such as non-marking, foam-filled or razor sipping will increase your price. If your tires need to be replaced then that could lower your price.
Hydraulics: If you have extra hydraulic functions that accommodate attachments, then your forklift will be worth more.
Mast Size: You can get a higher price if your mast is taller or is specialized.
Extra Features and Accessories: Having extra features such as outdoor cabs, non-standard accessories and other special attachments will increase your forklift's value.
Supply & Demand: If there are more buyers than forklifts available for your particular model then you can get a higher price, but the opposite is also true. If there are a lot of lifts available and fewer buyers interested then you may receive less.
If you have extra features or accessories for you forklift, it will usually have a higher trade-in value
Trade In Forklift: Why Choose Wayco
If you want to trade in your forklift, contact Wayco. At Wayco, we purchase used forklifts and surplus equipment and we will accept your old forklift as a trade-in.
We have been in the forklift business in KW for more than 40 years and we have earned a solid reputation for being trustworthy and fair.
If you need to replace the forklift you are selling, we can help. We have a wide selection of new and used quality forklifts to suit any budget.
Our knowledgeable staff will be able to help you choose the perfect model that will best suit your particular applications and we will accept your forklift as a trade-in towards your purchase.
WE ALSO OFFER:
Delivery of Your Forklift: We can even conveniently deliver your forklift right to you.
Financing: 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 Warranties: 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 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!
“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.”
— Gabe Gartner
Tagged: forklift trade in
