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Should I buy or lease a forklift for my business?

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Deciding whether to buy or lease a forklift depends on your cash flow, usage patterns, and growth plans. In my experience, leasing is often ideal for growing or seasonal businesses because it preserves capital and includes maintenance options. I personally think buying makes more sense for long-term, high-volume operations where you want full ownership. Many clients I've assisted appreciate the flexibility leasing provides to upgrade as needs change. At All States Industrial, we believe both options have strong advantages, and the best choice aligns with your overall equipment strategy.

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Reconditioned forklifts make up a large segment of the marketplace. Forklifts are tough tools designed to last for year and used forklifts save you 30-60%.

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Buying a forklift is a large investment for your company and your daily operations. Choose the brands and models to match your need and your future plans.

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Should I buy or lease a forklift for my business?

More detailed answers from our local experts -

Choosing between buying and leasing a forklift is a common dilemma for businesses looking to manage costs while maintaining productivity. At All States Industrial, we outline the pros and cons clearly so you can select the path that best supports your operations. Leasing typically requires little upfront capital and spreads payments into predictable monthly amounts. Many lease agreements can include maintenance, repairs, and even insurance, reducing unexpected expenses. This option is especially attractive for companies expecting rapid growth or those that prefer newer technology every few years. Buying outright gives you full ownership and no ongoing payments after the purchase. Over a 5–10 year lifespan, this can be more cost-effective, particularly if you plan to keep the equipment long-term. You also build equity and have the freedom to modify or sell the forklift later. At All States Industrial, we offer both new and used forklifts with competitive financing and leasing programs through our dealer network. We help calculate total cost of ownership for each scenario based on your daily usage and industry. Many business owners report that exploring both options gave them confidence in their final decision. Whether you prefer the flexibility of leasing or the ownership benefits of buying, we can connect you with solutions that fit your budget and timeline.

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The lowest prices on forklifts from top forklift dealers and brands in the US and Canada. Choose from the best selection and prices on new and used forklifts for both sale and lease now and save up to 30% on your critical business purchase.

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Questions When Buying A Forklift

What types of forklift are best for my company needs?

All States Industrial forklift dealer can help you choose from all types of forklifts. The main considerations include environment, capacity or load size, height, fuel type preference, tire type and deciding between new forklifts, used forklifts or simply hire out the need on contract. ASI has forklift dealers, partners




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