A telehandler is a type of construction equipment that is becoming increasingly popular due to its versatility. It is often found on construction sites and is used for various tasks, such as lifting and moving materials, loading trucks, and operating various attachments.
The cost of a telehandler can vary depending on the size and model. The average cost of a telehandler is between $30,000 and $100,000. If you are looking to finance a telehandler, there are a few options available to you. In this article, we will discuss the cost of a telehandler and how to finance one.
What Does a Telehandler Do?
A telehandler, short for telescopic handler, is a machine that is used for a variety of tasks on construction sites. They are commonly used to move and lift heavy loads, but they can also be used for other tasks, such as digging holes and acting as a crane. Typically, a telehandler will have a bucket or other attachment type that can be used for these activities.
Types of Telehandler Models
There are several different types and sizes of telehandlers available on the market, each with varying lifting capacities. The type of telehandler that you need will depend on the specific purpose that you will be using it for. Some of the most popular types of telehandlers include:
- Compact Telehandlers: These are smaller in size and weight and are typically used in tighter spaces. They are also easy to transport from one job site to another.
- Standard Telehandlers: These are the most common type of telehandler and can be used for a variety of tasks. They come in a variety of sizes, so you can choose one that is best suited for your needs.
- Heavy-Duty Telehandlers: These are larger and more powerful telehandlers that are typically used for more heavy-duty tasks. They can usually lift heavier loads and are often used in industrial settings. Their max lift capabilities make them ideal for demanding construction projects.
Telehandler Specifications
When selecting a telehandler, it’s essential to consider the specifications that meet your project’s requirements. Here are some key telehandler specifications to look out for:
- Lift Capacity: The maximum weight a telehandler can lift, usually measured in pounds (lbs) or kilograms (kg). This is crucial for ensuring the telehandler can handle the loads you need to move.
- Lift Height: The maximum height a telehandler can reach, usually measured in feet (ft) or meters (m). This determines how high you can lift materials, which is vital for tasks like stacking or placing loads at elevated positions.
- Reach: The distance a telehandler can extend its boom to lift or place loads. This is important for accessing hard-to-reach areas on a job site.
- Weight: The operating weight of the telehandler, which affects its stability and suitability for different job sites. Heavier telehandlers may offer more stability but could be less maneuverable.
- Power Source: The type of engine or power source, such as diesel, gas, or electric, which impacts fuel efficiency and maintenance costs. Choosing the right power source can affect operational costs and environmental impact.
- Tire Type: The type of tires, such as pneumatic or cushion, which affects traction and maneuverability on different surfaces. This is particularly important for rough terrain or indoor applications.
Telehandler Sizes and Capacities
Telehandlers come in various sizes and capacities to suit different applications. Here are some common telehandler sizes and capacities:
- Compact Telehandlers: Small and lightweight, with lift capacities up to 6,000 lbs (2,722 kg) and lift heights up to 20 ft (6.1 m). These are ideal for tight spaces and easy transport between job sites.
- Medium Telehandlers: Mid-sized, with lift capacities between 6,000 lbs (2,722 kg) and 12,000 lbs (5,443 kg) and lift heights up to 40 ft (12.2 m). They offer a balance of power and maneuverability for a variety of tasks.
- Large Telehandlers: Heavy-duty, with lift capacities over 12,000 lbs (5,443 kg) and lift heights up to 60 ft (18.3 m). These are suited for industrial settings and heavy-duty tasks.
- High-Capacity Telehandlers: Extra-large, with lift capacities over 20,000 lbs (9,072 kg) and lift heights up to 80 ft (24.4 m). These are designed for the most demanding applications, offering maximum lift capacity and height.
Key Features to Consider
When choosing a telehandler, consider the following key features to ensure you get the right machine for your project:
- Reliability: Look for a reliable telescopic handler with a proven track record of performance and durability. This ensures minimal downtime and long-term productivity.
- Vertical Lifting: Consider a telehandler with a high lift capacity and vertical lifting capability for heavy loads. This is essential for tasks that require lifting materials to significant heights.
- Extended Reach: Choose a telehandler with an extended reach for applications that require lifting or placing loads at a distance. This feature is particularly useful for accessing hard-to-reach areas.
- Compact Design: Opt for a compact telehandler for tight spaces or indoor applications. Compact models are easier to maneuver and transport.
- Advanced Features: Consider telehandlers with advanced features such as outriggers, stabilizers, or advanced hydraulic systems for improved stability and performance. These features can enhance safety and efficiency on the job site.
- Telehandler Weight: Consider the weight of the telehandler and its impact on the job site and load capacity. Heavier models may offer more stability but could be less maneuverable.
- Load Capacity: Ensure the telehandler’s load capacity meets your project’s requirements. This is crucial for handling the specific weights you need to lift.
- Lift Height: Choose a telehandler with a lift height that meets your project’s needs. This ensures you can reach the necessary heights for your tasks.
- Heavy Loads: Consider a telehandler with a high lift capacity and advanced features for handling heavy loads. This is important for industrial and heavy-duty applications.
- Telehandler Models: Research different telehandler models and their specifications to find the best fit for your project. Different models offer various features and capabilities.
- Telescopic Handlers: Consider the type of telescopic handler, such as fixed or rotating, that suits your project’s requirements. Each type offers different advantages depending on the application.
- Compact Models: Opt for compact models for tight spaces or indoor applications. These are easier to maneuver and can be more versatile in confined areas.
- How Much Weight: Consider the weight of the telehandler and its impact on the job site and load capacity. This affects stability and maneuverability.
By carefully considering these specifications and features, you can select the right telehandler for your needs, ensuring efficiency and safety on your job site.
How Much Does a Telehandler Cost?
The price of a telehandler can vary depending on the size, model, and features that you choose. A basic telehandler can start at around $30,000, but the price can go up to $100,000 or more for a top-of-the-line model. Factors that can affect the price of telehandlers for sale include:
- The size of the telehandler
- The type of telehandler
- The brand
- The features and attachments
- The dealer/provider
Pricing ranges of popular telehandler brands:
- Caterpillar: $30,000 – $100,000
- JCB: $32,500 – $60,000
- Bobcat: $35,000 – $45,000
- Komatsu: $37,500 – $85,000
- Genie: $40,000 – $48,000
- Merlot: $42,000 – $49,000
- Yell: $44,000 – $46,000
The price of a telehandler can also vary depending on whether you are buying it new or used. Used telehandlers will typically be less expensive than buying a new one, but they may not have all the features that you want or need. It is important to do your research to find the best deal on a telehandler for sale.
Why Finance a Telehandler?
There are a few different reasons why you may want to finance a telehandler:
- You may not have the upfront cash to pay for the telehandler outright.
- Financing can help you budget for the cost of the telehandler over time.
- You can get a tax deduction for business equipment financing.
- You may be able to get a lower interest rate by financing.
- You can preserve your working capital for other business expenses.
The advantages of financing a telehandler (or any other type of equipment) can help you to make the best decision for your company. You can also look into telehandler rental or leasing if you are not ready to make a purchase.
How To Finance a Telehandler
When you are ready to finance a telehandler, there are a few things that you should keep in mind:
- Get pre-approved for financing before you start shopping. This will give you a better idea of how much you can afford to spend on a telehandler.
- Compare interest rates and terms from different lenders. You want to ensure that you get the best deal possible on your financing.
- Read the fine print. Be sure you understand all of the terms and conditions of your financing agreement before you sign anything.
The steps in obtaining telehandler financing are simple and straightforward. The best way to finance a telehandler is through an equipment financing company like Charter Capital. Our expert financial brokers can help you get the best financing terms available so that you can focus on running your business.
Charter Capital Can Help You Finance Your Telehandler
A telehandler can be a valuable piece of equipment for your business, but it is important to do your research before you buy one. Make sure that you know how much you can afford to spend and what features you need. Financing can be a great option if you don’t have the cash to pay for the telehandler outright.
Charter Capital can help you get the financing that you need so that you can focus on running your business. We have been helping small to medium-sized business owners like yourself succeed for the last 40 years. Contact us today for more information.