Forklift Equipment Leasing ::

With these handy tables you can calculate the monthly payment on any forklift you are interested in purchasing from us. Simply multiply the purchase price by one of the payment factors on the tables below. The residuals are the percentage of the purchase price that will be due at the end of the lease term to purchase the forklift outright. Or return the forklift and lease a replacement forklift to keep the fleet new and running with low maintenance and operating costs.

Rates as of January 2013
(Applications must be received by 1-31-2013)

New and Used Lift Truck Rates
(Minimum Transaction size $10,000 Zero Payments in advance)

(Used equipment must be done at $1.00 buyout or 10% residual only- max term of 60 months.)

Term
APR
10% residual
20% residual
25% residual
30% residual
$1.00 Buyout
24 mos
4.5%
.03966
.03567
.03367
.03168
.04365
36 mos
4.5%
.02715
.02455
.02325
.02195
.02975
48 mos
4.5%
.02090
.01899
.01804
.01709
.02280
60 mos
4.5%
.01715
.01566
.01492
.01418
.01864
72 mos
4.5%
.01466
.01345
n/a
n/a
.01587
84 mos *
5.25%
.01326
n/a
n/a
n/a
.01425
* May require a partial residual guaranty depending on application and usage
 

Lease Rates for Deals Under $10,000
**Zero payments in advance**
Term
APR
10% residual
$1.00 Buyout
24 mos
9.9%
.04231
.04610
36 mos
9.9%
.02982
.03222
48 mos
9.9%
.02361
.02531
60 mos
9.9%
.01990
.02120
For racking and sweeper/scrubber rates CALL US!!

 

The forklift people located in Somerset, New Jersery The forklift people located in Somerset, New Jersery The forklift people located in Somerset, New Jersery
 

Open Mon-Fri, 8am - 4:30pm Eastern
 
Electric Forklift Repair Corporation
837 Somerset Street
Somerset, NJ 08873
 
t: (732) 249-7757
f: (732) 249-7068
 
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