When order volume increases, you need fast, flexible solutions . Especially in warehouse technology and intralogistics, planning reliability , liquidity , and a sound economic investment in forklifts and industrial trucks are crucial.
This guide shows you when forklift leasing makes sense, when renting is the better choice, and when buying or lease-purchase is the more economically viable option. You'll receive specific lease rate spreads , a transparent TCO example with assumptions , and a checklist for contracts .
Financing options for forklifts & industrial trucks at a glance
Three classic financing options are available for forklifts, electric forklifts, pallet trucks and other industrial trucks: leasing , renting and purchasing .
Leasing lies between buying (high capital commitment) and renting (maximum flexibility). For medium- to long-term use in intralogistics, forklift leasing is often the most economical option.
What does forklift leasing really cost?
Lease rates for forklifts vary considerably depending on the type, lease term, features, and usage. Terms of 39–72 months with fixed monthly payments are typical. It's important to note that "starting from" prices only show basic leases without service .
The following values refer to a 60-month term and show realistic spreads , depending on the scope of service and usage.
Typical leasing rates by forklift type (spreads)
| Forklift type | Example | Basic leasing | With full service |
|---|---|---|---|
| Electric forklift 2 t | e.g. B. Jungheinrich / Noblelift FE4P20Q | €200–350 | €400–600 |
| 3-ton electric forklift | Noblelift FE4P35Q, EP EFL 353 | €300–450 | €500–750 |
| 5-ton electric forklift | Noblelift FE4P50Q electric forklift | €500–700 | €750–1,000 |
| Diesel forklift | Doosan / Hangcha | €250–400 | €450–700 |
What factors influence lease rates?
Lease payments are not a fixed amount. They depend on, among other things:
- Duration (39 vs. 72 months)
- Operating hours (100 h/year vs. 1,200 h/year)
- Service level (Basic, Standard, Premium)
- Attachments (sideshifter, fork positioner)
- Manufacturers (e.g. Jungheinrich, Doosan, Hangcha, Noblelift)
Note: Full service can double the monthly rate , but reduces unplanned costs and downtime.
Leasing vs. Renting vs. Buying – Comparison for Forklifts & Warehouse Equipment
Which financing option is suitable depends on the usage period, flexibility, and liquidity.
Quick comparison of options
| criterion | leasing | Rent | purchase |
|---|---|---|---|
| binding | 3–6 years | Weeks/Months | In the long term |
| liquidity | Gentle | Very gentle | Capital intensive |
| Planning certainty | Fixed monthly rates | Variable | Self-responsibility |
| State of technology | Regularly updated | Selectable per deployment | Becomes obsolete over time |
| TCO (3–6 years) | Often optimal | Higher | Rarely minimal |
TCO comparison of electric forklifts: 5 years with assumptions
Assumptions: Electric forklift 2 t, 800 operating hours/year, 60 months, incl. maintenance & insurance, without accident damage.
| option | Total costs over 5 years | comment |
|---|---|---|
| Leasing (Full-service) | €26,400–32,400 | High predictability, no residual value risk |
| Forklift rental | approx. €32,000–35,000 | Maximum flexibility |
| purchase | approx. €30,000–36,000 | Depreciation + Maintenance + Residual value |
Residual value leasing: Risks expressed in numbers
Residual value leasing involves calculating a future market value. Example:
- Estimated residual value: €6,000
- Actual market value: €4,500
- Additional payment: €1,500
Fixed-value leasing or conservative residual value approaches offer protection.
Full-service leasing: What's included – and what's not?
Typical full-service packages (manufacturer-dependent):
- Maintenance & Inspections
- Repairs & Wear Parts
- Replacement device in case of failure
- Accident damage
- abuse or overtime
Hire purchase vs. leasing – the crucial difference
Hire purchase ultimately leads to ownership, but is usually accounted for like a purchase : capitalization, depreciation, and impact on the equity ratio.
Leasing remains (operationally) balance sheet neutral under German GAAP (HGB) – a key advantage for CFOs.
Leasing used forklifts – opportunities & risks
Used car leasing lowers the rate, but carries risks:
- Battery aging in electric forklifts
- Higher maintenance costs
- Greater residual value risk
Recommendation: Only use used forklifts with service leasing.
Conclusion: Which financing option is right for your fleet?
Forklift leasing is ideal for predictable, medium- to long-term use with clear monthly rates. Renting remains unbeatable during peak periods. Purchase or lease-purchase is worthwhile for very long usage periods.
The right financing option increases liquidity , reduces risks and keeps your intralogistics efficient.






























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