If it’s time to sell your forklift. Weather its time to upgrade your forklift, or your business requirements have changed. There are many ways you can sell your used forklift. Selling a major asset can be a bit daunting, but here’s a few tips that might make it easier for you to navigate.
Know what your used forklift is worth
Its simple, everything has a value, but it is pointless if you are trying to sell a Hyster H2.50DX for $20 000 when they are being advertised for sale as a used forklift for $10 000 in your area.
To get a gauge of what it’s worth, you can visit our listing page and search for similar makes and models of equipment, or even talk to your local forklift dealer to get an idea.
Set a budget for selling your forklift
Forklifts sell just like cars, but you will need to spend a little bit of money on either getting it in shape for sale or possibly the cost of advertising. Whether it be an online portal such as Forkliftmarket.com.au, or through conventional sales methods such as newspapers, make sure you set a dollar value you are prepared to spend, you don’t want to spend $1000 in advertising, where you might get better value for $60 in an online ad.
What is your forklift in
If it’s a private sale you really don’t have to offer selling with terms. Generally, a private sale term like as is where is (make sure all safety features work – as a minimum condition) is ok. If you are a dealer, you really need to consider offering warranty terms.
Make sure you get the money
Selling a forklift is just like selling anything. You want to get the money from the purchaser before handing over the asset. If you’ve agreed to as a minimum making repairs to it. Have an agreement as to what condition you are repairing it. It’s the obvious things like doing all safety features work, ie horn, lights seat belts, beepers.
Keeping service records
If you have service records, offer them to the buyer. It can generate trust and show you’re not hiding anything that might be majorly wrong with your forklift. As a reminder, you should keep repairs and maintenance records for workplace health and safety records.
There are the top 5 tips for selling your used forklift. Remember to do your research and make sure you get the value you want.