Discussion:
Yale Fork Truck fair Value

Hey guys,

I was just offered a Yale fork truck from one of the service venders we deal with. I am just trying to do some searching to see if the price offered is a fair market price or if we should be asking for a lower price? Here are the specs:

Manufacture: Yale
Model: GLP08OLG
Year: 1995
Capacity: 8000 lbs
Hours: 6358

Now it has just had it's service done, and he is saying that he will sell it with a full warrenty just as he would a used lift truck. He is asking $ 15,000 for it, what is anyones opinion on that price? Too much? Fair market value? or a steal?

Thanks for your time guys.
  • Posted 21 Jan 2010 01:19
  • By Quest
  • joined 29 Apr'09 - 3 messages
  • Ontario, Canada
Showing items 1 - 3 of 3 results.
First off thank you so much for your time and advice!

My apologies I forgot to add this info: (dual front wheels, air wheels, side shift) I believe the mast is a double stage. I have no idea about the tire's status, this information is coming from our forman at one of our other locations. I guess I should really take some pics and post them so you guys could really get a good look at it? Also the price is in Canadian dollars.

This has been a machine that we have rented for the past year now and the vendor is asking if we would like to buy it. As far as I know the machine has been in a lumbar yard most of its life. One of our employees says it is a great machine and that it rarely ever stalls and is great in the winter.

I thought that the price sounded a little on the high side, for being such and old unit.

I will definately have to go take a look for myself, I will use some of your information when I do so I know what to look at.

Once again I really appreciate your time and advice, I am very new to this whole fleet manager role and any information I can get is a bonus.

Thank you.
  • Posted 21 Jan 2010 04:31
  • By Quest
  • joined 29 Apr'09 - 3 messages
  • Ontario, Canada
1. Agree with mffixtit - the lift is 15 years old.
2. Would need more information as to overall condtion, tires, mast spects (2 stage/3stage, attachment (side shifter, etc.
3. Don't be fooled by the low hours - hourmeters can be replaced (done very frequently) or stopped working some time ago and never replaced, tc - look at the wear on the mast channels, looseness in the steering axle etc. At 6500 hours that is only 433 hours per year or 36 hours per month - seems to low to be original hours

4 Is the $15k Canadian or USD?

5 What is the warranty they are offering - parts & labor for what period?

6. What does "just serviced" mean - changed oil, filters, lubed etc or a complete systems check out?

7. What type of application did it come out of - lumber, brick/block,recycling, etc?
  • Posted 21 Jan 2010 03:29
  • By johnr_j
  • joined 3 Jun'06 - 1,452 messages
  • Georgia, United States
"Have An Exceptional Day!"
Way, way, way overpriced. Go to eliftruck (dot) com to get a idea of fair prices.
  • Posted 21 Jan 2010 02:21
  • By mrfixit
  • joined 11 Dec'08 - 1,434 messages
  • New York, United States

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