Forklifts play a vital role in warehouses, construction sites, and logistics operations across the UK. Whether you’re considering purchasing or renting one, it’s essential to understand how much is a forklift costs and what factors influence its price.
In this comprehensive guide, we will explore:
- The cost of buying a new or used forklift in the UK
- Forklift hire prices and cost comparison
- Factors that impact forklift pricing
- Forklift training costs and legal requirements in the UK
- Where to buy or hire forklifts at competitive rates
By the end of this guide, you’ll have all the information you need to make an informed decision about investing in a forklift for your business.
How Much Does a Forklift Cost in the UK?
The price of a forklift depends on several factors, including the type of forklift, power source, brand, and capacity. Below is a breakdown of forklift costs based on common types used in the UK:
| Forklift Type | New Price Range (£) | Used Price Range (£) |
| Electric Counterbalance Forklift | £15,000 – £35,000 | £5,000 – £15,000 |
| Diesel Forklift | £20,000 – £50,000 | £6,000 – £25,000 |
| LPG Forklift | £18,000 – £40,000 | £5,000 – £20,000 |
| Reach Truck | £15,000 – £40,000 | £6,000 – £20,000 |
| Pallet Truck (Manual) | £200 – £800 | £50 – £300 |
| Pallet Truck (Electric) | £2,000 – £7,000 | £500 – £3,500 |
| Telehandler Forklift | £50,000 – £100,000 | £15,000 – £50,000 |
Key Takeaway: If you are on a budget, purchasing a second-hand forklift can save you between 40-60% compared to a brand-new model.
Forklift Hire Costs in the UK
If you only need a forklift for a short period, hiring one might be a more economical solution. Below is an estimated cost for forklift rentals in the UK:
| Forklift Type | Daily Hire (£) | Weekly Hire (£) | Monthly Hire (£) |
| Counterbalance Forklift (3T) | £50 – £150 | £150 – £500 | £500 – £1,500 |
| Reach Truck | £70 – £180 | £200 – £600 | £600 – £1,800 |
| Pallet Truck | £10 – £50 | £30 – £150 | £150 – £500 |
| Telehandler Forklift | £100 – £250 | £300 – £800 | £1,000 – £2,500 |
Tip: Many UK forklift rental companies offer long-term leasing options, which can be more cost-effective than short-term hire.
Factors That Affect Forklift Prices
Several key factors determine how much a forklift will cost in the UK:
1. Type of Forklift
- Electric forklifts tend to be more expensive upfront but have lower running costs.
- Diesel and LPG forklifts may have a lower initial cost but require ongoing fuel expenses.
- Specialised forklifts like telehandlers are significantly more expensive than standard warehouse forklifts.
2. New vs. Used Forklifts
- New forklifts come with warranties and the latest technology but are costly.
- Used forklifts can be a cost-effective alternative, provided they are well-maintained.
3. Brand and Manufacturer
Premium brands like Toyota, Linde, Hyster, and Jungheinrich often cost more than lesser-known brands but offer better durability and resale value.
4. Load Capacity
Forklifts with higher weight capacities (e.g., 5,000kg+) generally have a higher price tag.
5. Fuel Type
- Electric forklifts have lower running costs but higher initial costs.
- Diesel forklifts are preferred for outdoor use but come with fuel expenses.
- LPG forklifts are a middle-ground option with moderate fuel costs.
6. Location and Supplier
- Prices may vary based on your location within the UK.
- Urban areas may have more competitive pricing due to greater supplier competition.
Forklift Training Costs in the UK
In the UK, forklift training is a legal requirement for anyone operating a forklift. Below is a breakdown of common forklift training costs:
| Training Type | Cost (£) | Duration |
| Novice Forklift Training | £350 – £600 | 3-5 days |
| Refresher Forklift Course | £150 – £300 | 1 day |
| Counterbalance Forklift Training | £300 – £500 | 3-4 days |
| Reach Truck Training | £300 – £500 | 3-4 days |
| Telehandler Forklift Training | £400 – £700 | 3-5 days |
Tip: Under UK law, forklift operators must be trained and certified in accordance with Health & Safety Executive (HSE) regulations.
Where to Buy or Rent a Forklift in the UK?
Best Forklift Retailers in the UK:
- Toyota Material Handling UK – Offers a wide range of new and used forklifts.
- Linde Material Handling UK – One of the leading forklift suppliers in the UK.
- Jungheinrich UK – Specialises in electric and warehouse forklifts.
Best Forklift Hire Companies in the UK:
- Impact Fork Trucks – Offers flexible rental terms.
- Briggs Equipment UK – Large fleet of forklifts available for hire.
- HSS Hire – Provides short-term and long-term forklift hire solutions.
Tip: Always compare multiple suppliers to find the best deal.
How to Save Money When Buying or Hiring a Forklift
1. Compare Quotes – Get at least three price estimates from different suppliers.
2. Consider Used Forklifts – High-quality second-hand forklifts can save you thousands.
3. Look for Seasonal Discounts – Some dealers offer price reductions at certain times of the year.
4. Negotiate Pricing – Many suppliers are willing to lower their prices for bulk purchases.
5. Opt for Long-Term Rental – If you need a forklift for more than six months, leasing is often more cost-effective.
Final Thoughts: Should You Buy or Rent a Forklift in the UK?
If your business requires a forklift on a daily basis, buying one is a smart investment. However, if you only need a forklift for short-term projects, hiring may be the better option.
Regardless of your choice, always factor in training costs and ongoing maintenance expenses to ensure compliance with UK safety regulations.
Need forklift training in the UK? Contact Result Forklift Training for affordable and accredited courses.