Forklifts and access platforms finance case studies

How the numbers work: worked examples

Example, not a real customer

A gas forklift for a growing warehouse

A wholesale business taking on a bigger unit. Used 2.5 tonne gas counterbalance forklift.

price plus VAT: £14,500
VAT as the deposit: £2,900
a month for 48 months: £367

A gas truck works indoors and out and refuels in minutes, which suits a single shift warehouse. After four years the business owns it rather than still paying rental.

Worked out at an illustrative fixed rate of 9.9% a year. Total payable £20,519 including the VAT deposit.

Example, not a real customer

A scissor lift for a shopfitter

A shopfitting and electrical contractor. Used electric scissor lift.

price plus VAT: £12,000
VAT as the deposit: £2,400
a month for 36 months: £387

Access platforms that lift people need a thorough examination at least every six months, so the latest report should come with the machine. A shorter term suits a smaller asset.

Worked out at an illustrative fixed rate of 9.9% a year. Total payable £16,319 including the VAT deposit.

These examples are illustrations to show how the finance works. Your rate, deposit and term depend on your business, the machine and the lender, and all finance is subject to status.