Sell Your Used Forklifts - Singapore Forklifts

When making space in your warehouse or upgrading your equipment, you may consider selling your used forklifts.

Here at Singapore Forklifts, we’re more than happy to take a look at the condition of your forklift before quoting you a price for it.

If you have a used forklift for sale, contact us today for a complimentary on-site consultation and quotation.

Factors to Consider When Selling Your Forklift

Rise in Maintenance Costs

No matter how durable your forklift is, it will reach a point when repairs are needed so frequently that it’s not cost-effective to keep anymore. That’s because every time your forklift is sent for repair, there is a loss in productivity and an increase in cost.

Therefore, the golden rule is that you should sell your forklift before its value is fully depreciated to ensure cost-effective productivity.

Wear and Tear

The age of your forklift is measured by the number of hours that it has been used. This is important to note as the longer it has been used, the less value it naturally has.

However, note that better brands and models such as Toyota will be able to last longer.

As a general guide*,

Number of hoursValue
7,500 – 10,000Higher trade-in value
10,000 – 12,500Decreased value
12,500 – 16,500Lower value
16,500+Lowest trade-in value

Source: How to Get the Maximum Trade-In Value for Your Forklift

*These are just estimates. For a more accurate value analysis, contact your preferred forklift buyer.

Having said that, if the battery and charger of your electric forklift are still functional, it will still have significant value.

Physical Appearance

Other than the mechanical wear and tear, its exterior appearance plays a part as well. If your forklift has any visible damage such as scratches or dents, be ready to account for it.

Forklift Selling Process with Singapore Forklifts

  • Step 1: Clean the Forklift

    As the physical appearance matters for quotation, make sure to clean your forklift as much as possible. The goal is to make it look as good as new.

  • Step 2: Take clear images of the forklift

    When taking images, be sure to take note of any visible damages and capture images from all angles. We should be able to visualise the location and the severity of the damage.

  • Step 3: Fill in our contact form

    Important details to provide in our contact form are

    • Contact person, contact number and email
    • Company and address of warehouse
    • ​Model and brand of forklift
    • Hour metre
    • Specifications and features of forklift
    • Other remarks on the current condition (exterior and mechanical)
  • Step 4: Arrange consultation

    Our expert consultants will contact you to schedule an appointment date for us to head down. When we’re there, we will take a closer look at your forklift so that we can provide a specific and reasonable quotation.

Fill in our contact form with the necessary details and any queries you have. We’ll be in touch with you as soon as possible.