Compare Yale vs Hyster Forklift Costs
Yale Forklift Overview
Yale invented the first forklift in 1923 and remains one of the most recognized names in the business. The company has built a reputation for producing high-quality, long-lasting forklifts.
Yale produces electric, gas, LP-gas and diesel-powered forklifts with load capacities of 2,000 to 36,000 pounds. The company offers stand-up, sit-down, three-wheel, four-wheel and narrow aisle models.
How Much Do Yale Forklifts Cost?
The price of a Yale forklift varies widely based upon the model and size. A standard 5,000-pound capacity forklift will run you about $20,000 to $25,000. Keep in mind that electric models are more expensive than comparable gas models.
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Yale Forklift Pros
- Lower price - Yale forklifts generally cost less. You’ll spend more upfront for a comparable Hyster model.
- Better value - Yale and Hyster are owned by the same holding company, NAACO Industries. The machines are built on the same assembly line, so the mechanical components are identical. With Yale, you’re essentially getting the same forklift for a lower price.
Yale Forklift Cons
- Fewer options - Yale doesn’t make large-scale forklifts. If you need a heavy-duty machine with a load capacity higher than 36,000 pounds, you’ll have to look elsewhere.
Hyster Forklifts Overview
Hyster was founded in 1929 and is also one of the most recognized names in the forklift industry. Like Yale, Hyster makes electric, gas, LP-gas and diesel forklifts. There are 130 models from which to choose. Hyster load capacities range from 2,000 to 115,000 pounds.
How Much Do Hyster Forklifts Cost?
It is extremely difficult to estimate the cost of a Hyster forklift. Prices vary widely based on the model and size, and Hyster dealers do not advertise their prices. For an accurate quote, it’s best to contact a Hyster dealer.
Hyster Forklift Pros
- Finishing options - Hyster forklifts have higher-end finishing options, including upgraded cabs, covers and pedals.
- Larger dealer network - Hyster has a larger dealer network in North America, making it easier to find a dealer that is close to home. A larger dealer network also means faster and more convenient access to parts and services.
Hyster Forklift Cons
- Price - Plan on paying more for the Hyster brand name.