Discussion:
Used forklift truck deals?!?

There are a fair amount of end users that use this website to try to determine if say a particular $2500 used truck is worth it. I personally would not buy a 1960' or 1970' vintage forklift truck but for an end user that it a different story. Let's say a guy did buy a truck like this and got royally ripped off and it was unusable. At the least they could sell the forks for $250 and scrap out the truck for another $800 so their net loss is $950.

Look at another scenario that happens way more frequently, buying a seemingly beautiful, late model, low hour truck on the internet for let's say $10,000. Which is more risky?

I consider myself a pretty skilled buyer and I got smoked. I bought a truck from a wholesaler who unbeknownst to me got it from a guy that sell nationwide on the internet. The photos showed what seemed to be a beautifully painted, 1300 hour Cat that was actually a Mitsubishi painted and decaled as a Cat. #1, I never buy painted trucks wholesale and I should have figured something when a Mitsu was painted as a Cat.
Anyway the 1300 hour truck was probably a 10,000 plus truck. After 10 minutes of running it smoked big time. We disassembled the engine and man were the pistons loose. Plus the transmission cooling lines were coupled together and not even hooked up to the radiator. There were many other issues as well.
I guess I would have loss less money buying a 1970 junker.
  • Posted 12 Jan 2012 23:00
  • By duodeluxe
  • joined 11 Feb'05 - 923 messages
  • United States
duodeluxe
Showing items 1 - 4 of 4 results.
I love the "I got a good deal on the internet" trucks or the "This guy I know, knows this guy who can get you a deal", we call them "Restorations in a can" trucks, high hour,low maintence scuff and squirts.
A few I had to go out on had a beautiful paint job, but you open the hood and the truck was never even steam cleaned or blown off.
My company makes a ton of money off these types of trucks when I get to fix them, then on the other hand, when our used truck dept. sells a unit in my area, I go through it with a fine tooth comb and fix everything they didn't fix or thought they'd slide on while the truck is still under our warranty program, keeps my customers happy and keeps me working for them and the Used equipment dept. never knows the difference.
The dash recall program was also done through Nissan on the early LO1-LO2 series trucks, I got the honor of doing about 105 of those that year. Most of them had some type of marking about the hour difference, but I'll bet more of them didn't.

I had a guy call the shop and wanted me to meet him at another location, come to find out he was looking at buying a mid 80's Yale from another company.
I spent about an hour looking it over and told him the bad news,but I saved him from making a costly mistake by buying the truck. And yes, I've been burnt by buying off the internet also,so I've learned my lesson too.
  • Posted 13 Jan 2012 09:01
  • By roadtech
  • joined 2 May'09 - 81 messages
  • Ohio, United States
You do know that Caterpillar Forklifts and Mitsubishi Lift Trucks have a bit different serial numbers series, and that could have been a "first clue".
Just like in most businesses (and every other place in life) there are good honest people that sell wholesale and there are are people that don't care about anyone other than themselves.
I apologize on behalf of the honest forklift wholesalers/resellers that you found one who was not.
I have recently come to an observation about the forklift wholesale industry, (and those who fit into this shoe will most likely not like me saying this) that those who call themselves "brokers" have less 'skin in the game' than the wholesalers who -purchase- the trucks they resell.
I would also note and warn everyone that (about 2007 or 2008) in at least some of the tier 2 trucks, MCFA had a recall of the dash (where the hour meter reading is stored) that may have resulted in a lot of trucks showing a lot less than actual hours on the meter.
  • Posted 13 Jan 2012 04:43
  • Modified 13 Jan 2012 06:00 by poster
  • By edward_t
  • joined 5 Mar'08 - 2,334 messages
  • South Carolina, United States
"it's not rocket surgery"
I'd rather pay a bit extra & buy a approved / used truck direct from the manufacturer that will also come with warranty back up.

I know BT / Toyota in the UK run this kind of scheme.
  • Posted 13 Jan 2012 03:17
  • By Forkingabout
  • joined 31 Mar'11 - 862 messages
  • england, United Kingdom
Sorry to hear about that. I have come to the conclusion that over half the people on this Earth are either corrupt, dishonest, thefts, or at the very least disrespectful.
  • Posted 13 Jan 2012 01:23
  • By mrfixit
  • joined 11 Dec'08 - 1,434 messages
  • New York, United States

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