Spread the cost of reach trucks from £18,000 to £32,000+ with flexible finance options. HP, lease, or refinance
Yes, reach trucks are financed as a standard asset purchase, usually on hire purchase or a lease, with the machine itself acting as the security. UK prices typically run £18,000 to £32,000, and most deals are written over 24–60 months with a deposit of around 10–20%. Decisions typically take 24 hours. Used machines are financeable too, usually with a shorter term.
Typical Cost
£18k – £32k
Approval Speed
24 hours
Same-day for < £30k
Rates From
4.9% APR
Your estimate
Indicative only. Not a quote and not an offer of finance.
Pre-filled with a typical reach truck price. Indicative only, not a quote.
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For UK limited companies with 3+ months’ trading and monthly revenue.
On a purchase price of £25,000: a 10% deposit of £2,500, then 48 monthly payments of £527 at 5.9% APR representative (fixed). Total amount payable £27,796, including the deposit. The rate you are offered depends on your business and the asset.
Guide prices for sizing a finance agreement, not quotes. Manufacturers in this market mostly price on application, so where a current UK list price could not be confirmed the row describes a specification class rather than naming a model. Your supplier quote is what the agreement is written against.
| Machine or specification | Guide price | Type |
|---|---|---|
| Toyota BT Reflex Reach Truck | £22,000 – £30,000 | Narrow Aisle Reach Truck |
| Linde R-Series Reach Truck | £24,000 – £32,000 | Narrow Aisle Reach Truck |
| Jungheinrich ETV Reach Truck | £23,000 – £31,000 | Narrow Aisle Reach Truck |
| Crown ESR Reach Truck | £18,000 – £29,000 | Reach Truck |
Explore business funding options through Fundably
For UK limited companies with 3+ months’ trading and monthly revenue.
Reach trucks qualify as plant and machinery, so the Annual Investment Allowance lets you deduct the full purchase cost from taxable profits in year one, up to £1,000,000. VAT on hire purchase is generally due upfront and reclaimed on your next return if you're VAT-registered; on finance lease or contract hire it's charged on the rentals instead, which can suit warehouses adding several trucks at once as part of a wider fit-out.
Reach trucks are bought by warehouse and distribution centre operators to work narrow-aisle racking, reaching pallets at height that a counterbalance forklift can't access in the same footprint. Because a reach truck needs to match the specific mast height and aisle width of the racking it's used with, buyers usually choose a model and specification carefully at the point of a warehouse fit-out or racking change, rather than buying off the shelf. Battery type and charging arrangements (opportunity charging versus a dedicated charging bay) are a practical factor in both purchase and ongoing running costs.
Some specialist lenders consider businesses with imperfect credit histories. You may need a larger deposit or personal guarantee, but options may be available. Fundably may use a soft credit check for matching, which does not affect your credit score. A hard check may happen if you choose to proceed with a lender.
Explore business funding options through Fundably.
For UK limited companies with 3+ months’ trading and monthly revenue.
Explore business funding options through Fundably.
Check Eligibility →For UK limited companies with at least 3 months’ trading and monthly revenue.