Spread the cost of telescopic forklifts from £48,000 to £78,000+ with flexible finance options. HP, lease, or refinance – compare rates from 40+ lenders.
Yes, telescopic forklifts 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 £48,000 to £78,000, and most deals are written over 24–60 months with a deposit of around 10–20%. Decisions typically take 24–48 hours. Used machines are financeable too, usually with a shorter term.
Typical Cost
£48k – £78k
Approval Speed
24–48 hours
Same-day for < £75k
Rates From
5.0% APR
Your estimate
Indicative only. Not a quote and not an offer of finance.
Pre-filled with a typical telescopic forklift price. Indicative only, not a quote.
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Check EligibilityOn a purchase price of £60,000: a 10% deposit of £6,000, then 48 monthly payments of £1,266 at 5.9% APR representative (fixed). Total amount payable £66,768, 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 |
|---|---|---|
| JCB 540-140 Telehandler | £55,000 – £75,000 | 4t Telehandler |
| Manitou MLT 741 Telehandler | £50,000 – £70,000 | Agricultural/Construction Telehandler |
| Merlo Panoramic P40.17 | £58,000 – £78,000 | Heavy-Duty Telehandler |
| Bobcat TL30.70 Telehandler | £48,000 – £65,000 | Compact Telehandler |
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Check EligibilityTelescopic forklifts qualify as plant and machinery, so the Annual Investment Allowance lets you deduct the full cost, including standard attachments bought at the same time, from taxable profits in year one, up to £1,000,000. VAT on hire purchase is generally due upfront; on finance lease or contract hire it's charged on the rentals instead and recovered as you pay, which suits a machine that's often specified with several attachments adding meaningfully to the total invoice value.
Telescopic forklifts, or telehandlers, are bought by construction contractors, agricultural businesses, and plant hire firms needing to lift materials to height and reach over obstacles that a standard counterbalance forklift can't manage. Many are specified with interchangeable attachments (pallet forks, buckets, a jib, or a man-cage) that extend the machine's use across different tasks on the same site or farm, and these are commonly financed alongside the machine itself. Replacement and buy-versus-hire decisions often turn on how continuous the workload is: a business with year-round need typically buys or finances, while seasonal or one-off jobs lean towards short-term plant hire instead.
Several of our 200+ lenders specialise in businesses with imperfect credit histories. You may need a larger deposit or personal guarantee, but options exist. Checking your options here does not affect your credit score, because we do not run a credit search to match you. A lender will run their own checks only if you decide to apply.
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