Forklift Decisions: Leasing vs. Buying

Material Handling Best Practices, Tips, Information and More from Toyota

Leasing a ForkliftEarly in the buying process you will ask yourself if you should lease or purchase a forklift. Leasing is a great option if you only need a forklift in your facility for a defined period of time and it is a great option to preserve capital.

Advantage of leasing:

  • Use the most state-of-the-art equipment at the lowest cost

  • Predetermined replacement cycle

  • No responsibility of ownership

  • Only pay for what you use

Disadvantages of buying:

  • Take on all the responsibility of owning

  • May have to purchase old equipment

  • High maintenance and repairs

  • Large initial cash outlay

Toyota offers attractive purchasing and lease financing plans via Toyota Commercial Finance. For more information or to help find which option is best for you, contact your local Toyota forklift dealer.

For pricing, parts & more, click here to find a dealer near you.

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