The practice of trading in old forklifts for credit towards a newer model has grown increasingly popular in recent years for a variety of compelling reasons. More and more companies are taking advantage of forklift trade-in programs offered by National Forklift Exchange – a smart financial move in updating material handling fleets.

Cost Savings

The top motivation for trading in old lift trucks is quite simply the substantial cost savings. Instead of trying to sell a used forklift independently and likely getting far less than it may be worth, a trade in allows getting good value. We make sure tol thoroughly inspect the old forklift, assess its condition and provide fair market credit that can knock off a chunk of money from the price of a new replacement model. This makes upgrading equipment much more budget-friendly.

Convenience

Trading in a used forklift is also extremely convenient compared to private sale. NFE handles all the paperwork, evaluations and negotiations. There’s no need to coordinate logistics of potential buyers coming to test drive the lift, haggle over pricing, or deal with no shows. The trade in process is quick and straightforward.

Newer Models

Advances in forklift technology over the past decade have made newer models much more appealing. Increased capabilities, safety mechanisms, diagnostics and telemetry are hugely beneficial. Trade in credit makes investing in these substantially more advanced lift trucks far more accessible and cost effective. Operators also appreciate the new features and designs for improved comfort, control and efficiency.

Rebates and Incentives

Manufacturers and dealers often offer additional rebates, bonuses and incentives when trading in older forklifts that make the savings even more substantial. Low financing rates are also typically available to help preserve capital and spread out the net costs over future budget cycles. This allows companies to more easily plan for the expenditure and transition to the latest equipment.

With all the financial, operational and convenience advantages, it’s no wonder forklift trade ins have ballooned in popularity for upgrading fleets. The incentives are very compelling for companies looking to implement the newest lift truck designs and technological capabilities. We can assure you that our programs make sound business sense and will enhance your business’s growth well into the future.