Forklift Price Breakdown – What Every Buyer Needs to Know

Getting to grips with forklift price can be a bit tricky at first. If you’re thinking about buying your first forklift or maybe updating the ones you’ve got, knowing how much you should pay is really important. It’s not just about how much it costs upfront, but making sure you’re getting good value for what you pay, and that it meets what your business needs.

This is where Hyworth Forklifts comes in. Since we started back in 2006 in Sydney, we’ve been all about giving our customers great deals that make sense for them. We’ve got a wide range of top-notch new and used forklifts, and we’re experts at helping you find just the right one. Whether you want to buy, rent, or even try one out before making a decision, we’re here to help you find the perfect fit. So, let’s get into what you need to know about forklift prices and see how Hyworth Forklifts can help you make the best choice.

What influences forklift price?

When you start looking into how much a forklift costs, you’ll quickly find that the price can vary a lot. But what exactly makes one forklift more expensive than another? Let’s break it down into simple bits.

First off, the type of forklift you’re after plays a big role in setting the price. For example, electric forklifts might cost a bit differently from those that run on gas or diesel because of the technology and the running costs involved.

Then, there’s the choice between new and used forklifts. A shiny new forklift will usually have a higher price tag than a used one. But, buying used isn’t just about a lower price upfront, it’s also about finding a forklift that’s still in great shape and can do the job you need without a hitch.

Features and capabilities also come into play. Think about what your business needs – maybe it’s a forklift that can lift heavy loads to high places or one that can zip around tight spaces easily. The more specialised the forklift, the more it might nudge the price up or down.

In a nutshell, forklift pricing is a mix of what type you want, new or used, and what you need it to do. Keeping these factors in mind will help you make sense of forklift costs and ensure you find a deal that’s just right for your business.

Forklift price ranges

Getting your head around the different price ranges for forklifts, both new and used, can help you budget better for your business. Let’s break down what you might typically expect to spend, incorporating some real examples from Hyworth Forklifts’ range.

For new forklifts, prices can start from a base level and increase based on features, capabilities, and model specifications. It’s similar to purchasing a car; the more advanced the features and performance you desire, the higher the investment. For instance, a basic model might be on the lower end of the price spectrum, while a top-tier forklift equipped with the latest technology and maximum lifting power could represent a more substantial investment.

On the other side, used forklifts present a more budget-friendly option without compromising quality. The cost for a pre-owned model primarily hinges on its condition, age, and functional capabilities, offering a pathway to substantial savings, especially for those on a tighter budget.

To give you a clearer idea, here are some average price points from Hyworth Forklifts:

Hyworth Forklifts makes it easy by offering a wide range of both new and used forklifts. We’ve got something for every budget, ensuring you don’t have to compromise on your business needs. Whether you’re after the latest model with all the latest tech or a reliable used machine that’s been well looked after, we’ve got you covered. With us, finding the right forklift at the right price is straightforward and stress-free.

The benefits of different forklift types

When it comes to choosing the right forklift for your business, Hyworth Forklifts has a variety of types to fit any job and budget. Let’s break down the options and see how each one could impact your forklift price.

LPG/Gas Forklifts

These are the powerhouses, great for both indoor and outdoor use. They’re a bit more environmentally friendly than diesel and can move heavy loads quickly, boosting your productivity. If your work shifts between inside and outside, an LPG/Gas forklift from Hyworth might be your best bet. They offer solid performance and can handle just about any task you throw at them.

Electric Counterbalance Forklifts

Looking for something eco-friendly? Our electric forklifts produce zero emissions, making them perfect for indoor use. They come in three and four-wheel models, with the four-wheelers handling uneven terrains with ease, and the three-wheelers offering superb maneuverability in tight spaces. They’re efficient, powerful, and a great choice if you’re looking to go green.

Reach Trucks

Need to stack high? Reach trucks are designed to do just that, allowing you to maximise your warehouse space. They’re ideal for narrow aisles and can lift heavy loads to great heights. Hyworth’s reach trucks are built to make the most of your vertical space, making them a crucial tool for many warehouse operations.

Walk Behind Forklifts

These compact machines are perfect for tight spaces where maneuverability is key. They’re easy to navigate in narrow aisles and can lift a surprising amount of weight. Plus, with features like the ‘Moonwalk’, you can move them sideways for better visibility and space efficiency.

Pallet Movers & Jacks

Essential for any warehouse, our pallet movers and jacks are designed to handle heavy loads with ease. They’re easy to maneuver, have safety features in place, and come in various models to suit any need. Electric options mean you’re also keeping your carbon footprint in check.

And the best part? With Hyworth Forklifts, you can “try before you buy“. This unique option allows you to test out the forklift in your own warehouse, ensuring it’s the perfect fit for your needs before making the investment. Whether it’s LPG/Gas, Electric, Reach Trucks, Walk Behinds, or Pallet Movers, we’ve got the range and expertise to match you with your ideal forklift solution.

How to choose the right forklift for your needs

Picking the right forklift is more than just price, it’s about choosing what suits your business best. Here’s a simple guide to make sure you get the most bang for your buck.

Assess your needs: Start by looking at what jobs the forklift will be doing. Are you moving heavy loads, working in tight spaces, or need to reach high shelves? Each task might need a different type of forklift.

Consider capacity: How much weight do you need to lift? Forklifts come with various lifting capacities, so choosing one that matches your requirements is crucial. There’s no point paying more for a forklift that can lift 5 tonnes if you only ever lift half that.

Functionality is key: Think about the environment your forklift will be operating in. Indoor, outdoor, or both? Does it need to navigate narrow aisles? Your answers will guide you toward the right model.

At Hyworth Forklifts, we offer personalised service and expert solutions tailored to your unique needs. Our team is here to help assess your business requirements, ensuring you make a cost-effective decision without compromising on functionality. Let us take the guesswork out of choosing the right forklift, making sure you get exactly what you need at the right forklift price.

Maximising your investment: Tips on forklift purchase

Investing in a forklift is a big decision, and getting the best value for your money goes beyond just the initial forklift price. Here are some tips to ensure you’re making a smart purchase.

Look at long-term costs: The purchase price is just the beginning. Consider fuel costs, maintenance, and potential repairs down the line. An energy-efficient model or one with lower maintenance requirements might cost more upfront but can save you money in the long run.

Maintenance matters: Regular maintenance keeps your forklift running smoothly and prevents costly breakdowns. Hyworth Forklifts prides itself on maintaining the highest quality standards for all our forklifts. Choosing us means you’re investing in a forklift that stays in top condition, thanks to our expert maintenance team.

Explore lease-to-own options: If you’re worried about the upfront costs, a lease-to-own option could be the solution. It allows you to spread the cost over time, making it easier to manage your budget. Hyworth Forklifts offers flexible lease options that can be tailored to suit your financial needs, ensuring you get the forklift you need without the financial strain.

Remember, the key to maximising your forklift investment is to think ahead. By considering long-term costs, maintenance, and financing options like lease-to-own, you can find a forklift that not only meets your current needs but also offers value for years to come. Let Hyworth Forklifts help you make an informed decision that balances quality, functionality, and cost.


Choosing the right forklift at the right price is crucial for your business. It’s all about making an informed decision that matches your needs and budget. For expert advice and solutions tailored just for you, don’t hesitate to reach out to Hyworth Forklifts. We’re here to help you every step of the way.

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