Raymond Forklift Price
Raymond forklifts are well renowned for their reliability, productivity, and energy efficiency. And as Toyota subsidiary, you'll find the same innovations and rigorous quality inspection that comes with Toyota models.
But there are ongoing costs related to forklift ownership and we're here to help you understand how much you can expect to spend overall.
Continue reading as we break down the associated costs that come with the purchase of a Raymond Corporation forklift.
How Much Do Raymond Forklifts Cost?
As with most material handling equipment manufacturers, Raymond does not list its Raymond forklift stock prices for new models online. This is because each dealer sets their own costs.
New mid-range forklift models range between $20,000 and $50,000, depending on the lift capacity, engine type, and features.
One of the best aspects about Raymond's pre-owned forklifts is that they hold their value over time.
If you invest in a used Raymond forklift in good condition, you can sell it in the future and still get your dollar's worth.
The price of a used Raymond model will depend on the lift capacity, year, hours used, condition, dealer, and more.
A 4,000-pound 2011 model in good condition goes for just under $10,000.
Used Raymond models range in price from around $9,000 to $33,000.
Raymond is well-known for being one of the top electric forklift manufacturers in North America. In addition to lower operating costs and energy savings, there are a few reasons to purchase an electric forklift. One of the most enticing is the fact that they are less expensive than diesel forklifts due to their lower lifting capacities.
Used Raymond electric forklifts go for around $7,950 to $18,500, depending on the year, model, and features.
One of the best ways to take advantage of lower costs is renting a lift truck for your material handling operations.
If you don't plan on using your forklift every day or for several hours a day, you may consider picking out a rental for the job at hand.
Rental costs can vary based on the type of forklift, the load capacity, the dealer, and more.
However, to give you a better idea of what you can expect to pay for a rental, here's a small breakdown:
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Are Raymond Forklifts High Quality?
It is no coincidence that used Raymond forklifts hold their value so well. For starters, Raymond Corporation is a subsidiary of Toyota, which also manufactures some of the most highly-rated forklifts in America.
Over the years, the company has become a global leader in intelligent intralogistics and best-in-class material handling equipment. The brand has some of the most innovative forklift designs on the market and some of the highest-quality electric models available.
These heavy-duty pieces of machinery offer a dependable and flexible equipment solution. No matter what kind of job you have in store, you can find a Raymond forklift to handle it. Their wide range of material handling equipment includes reach trucks, electric pallet jacks, counterbalance trucks, order pickers, side loaders, trucks, and more.
A primary element affecting the price of a forklift is the lifting capacity. On average, the greater the lifting capacity, the greater the price.
A forklift that can handle up to 10,000 pounds can go for double the price of a similar forklift that can only handle 5,000 pounds.
It's important to consider the parameters of your job so that you don't end up spending more money on lifting capacity specs that aren't necessary.
Next to lifting capacity, mast height is one of the next most important factors that impact pricing.
Standard forklifts have a three-stage mast height of around 189”. However, mast height can vary greatly, and the size that you need will be determined by the job.
Beyond the height itself, masts come in a wide range of configurations. Some are specifically made for compact warehouse spaces, while others are made to rearrange and organize extra tall racking.
Essentially, you may end up paying more for a specialized mast configuration, even if it doesn't have the same height specs as a standard mast.
Carefully consider the space and the job at hand before determining what kind of mast you require.
The next thing you'll want to consider is the type of fuel the forklift uses.
There are three main fuel options in the material handling equipment world: diesel, LP (liquefied propane), and electric (battery-powered).
With all things equal, electric forklifts are the most expensive of the bunch, as you're essentially paying for “fuel” with the initial cost. However, because most electric forklifts have lower lifting capacity than LP and diesel trucks, it's hard to perform an all-things-equal comparison. You'll most often end up spending less on an electric forklift due to the lifting capacity alone.
Raymond forklift battery prices will heavily depend on the type of battery. Lithium-ion batteries are more reliable and long-lasting than lead-acid batteries.
Diesel forklifts have the highest price tags of the bunch because they have the greatest lifting capacities and ultra-durable parts, thanks to their engine configurations.
In the Raymond Corporation lineup, you won't find tons of variation in the forks.
However, some of the larger models come with the ability to add larger forks or fork attachments, such as rotators, paper roll clamps, layer pickers, carton clamps, and more, which may add to the overall cost.
Most standard forklifts come with either air-filled pneumatic tires or cushion tires.
However, depending on the application, you may need a specialized tire type. For example, you may need to pay extra for special tires if you're working in slippery conditions or on uneven terrain.
While the tire type won't have as big of an impact as the load capacity or the fuel, it's still something to consider when purchasing a forklift.
The last thing you want to consider when creating your budget is any optional features or accessories you may want. The more additional accessories you add, the higher the cost of your forklift will be.
Consider some of these additional accessories:
While the Raymond Corporation, a subsidiary of Toyota, is known for crafting reliable and long-lasting material-handling equipment, you'll still need to factor in the ongoing cost of mechanical maintenance.
Scheduled component inspections are crucial in extending your forklift’s longevity. It can ultimately prevent you from needing to purchase a new forklift sooner than you would have needed to, or from spending a large sum of money on a major repair.
Maintenance visits should be scheduled around every 200 hours. The older the forklift, the more frequently it will need to be serviced.
It is typical to pay between $1,500 to $6,000 per year for routine forklift maintenance. The cost of repairs and maintenance depends on a number of factors, including the manufacturing quality of the equipment, the type of forklift, and the age.
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