How Much Does a Forklift Cost?

A forklift, also known as a fork truck or lift truck, is a powerful industrial truck used to transport goods.  While this is most commonly used in a factory setting, it can be used elsewhere.

Developed in the 1960s, the forklift has been a staple in warehouses across the globe.  A forklift is the chief piece of equipment used to move pallets throughout a warehouse, and even the smallest forklifts are able to carry at least 3,000 pounds, while the largest can carry up to 30,000 pounds.

Caterpillar Forklift by JeepersMedia, on Flickr
Caterpillar Forklift” (CC BY 2.0) by  JeepersMedia

How much does a forklift cost?

Type of ForkliftCost Range
Forklift (3,000 to 5,000 pound capacity) $18,000 to $29,000
Forklift (10,000 pound capacity) $25,000 to $50,000
Forklift (30,000 pound capacity) $100,000+
Electric Forklift with Battery $25,000 to $35,000
Electric Standup Forklift $30,000 to $40,000
Narrow Aisle Forklift $74,000 to $100,000
Internal Combustion Forklift$15,000 to $35,000
Higher-end Brand (35,000+ pounds)$100,000+
Re-conditioned (3,000 pound capacity)$5,000 to $12,000
BrandLoad Capacity (lbs)Average Price
Caterpillar5,000$14,000 to $18,000
Crown4,000$24,000 to $30,000
Doosan13,500 to 15,500$40,000 to $50,000
Hyster8,000-12,000$10,000 to $15,000
JCB6,000$25,000 to $35,000
Komatsu4,000 to 6,500$15,000 to $20,000
Toyota6,000 $8,000 to $13,000

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