You may be thinking about trading in your old forklift. You’ve been using it for decades and the company you bought it from is no longer in business. Or, maybe you just want to trade up to a new model with all of the latest safety and efficient features. Whatever the reason, here are some things to keep in mind when trading in your old lift truck.
First, it’s important to do your research and know the value of your machine. There are a few ways to find this out. You can look online at auction sites or used machinery dealers. You can also contact the manufacturer directly and ask them for the suggested retail price of a used model in good condition. Once you have an idea of what your machine is worth, you can start shopping around for dealers who might be interested in taking it off your hands.
Option For Your Old Forklift
There are a few forklift trade-in options available, so it's important to do your research before making a decision. One option is to trade-in your old forklift to a forklift dealer. This is the most convenient option because the dealership will usually take care of all the paperwork and the process is usually very quick. Though your trade off for quick-and-easy will be a wholesale price.
Another option is to sell to a private party on an online marketplace like Craigslist, Facebook Marketplace, or eBay. You will likely get a higher price by selling to a private party, but it will take more effort on your part to find a buyer and coordinate the sale. This can cost a lot of time and energy so be prepared for negotiations, logistics, and wasted time.
The last option is to scrap your forklift or part the unit out. This is only recommended if your forklift is in very poor condition and is not worth selling. However, you can sometimes make a decent amount of money by scrapping your old forklift or selling the parts individually. Especially if you have an uncommon older unit. These parts may be hard to come by and could fetch you a pretty penny.
How To Prepare Your Forklift For Trade-in
There are a few things you can do to prepare your forklift for trade-in. The first is to make sure the forklift is clean. This means wiping down all surfaces, cleaning the engine bay, and removing any dirt or debris. The next step is to check the forklift for damage. Make sure there are no major dents or scratches, and that all the parts are in good condition. Finally, you'll want to make sure the forklift is in working order. Test all the functions of the forklift and make sure there are no leaks or broken parts. If the lift truck has scratches, damage, or leaks, do not worry, some value may be lost but you're getting rid of the lift for a reason. Do the best you can.
If you're thinking about trading in your old forklift, it's important to do your research first. Know the value of your machine and shop around for dealers who might be interested in taking it off your hands. There are a few trade-in options available, so choose the one that works best for you. To prepare your forklift for trade-in, make sure it's clean, check for damage, and test all the functions. If there are any scratches, dents, or leaks, don't worry - some value will be lost but you're getting rid of the lift for a reason.
