manlift cost

How Much Does a Manlift Cost? (New + Used + Rent)

We’re keeping tabs on manlift cost trends so you can remain up-to-date, whether you plan to buy, sell, rent, or are just researching. Here’s a table comparing the costs to buy new, buy used, and rent a manlift in 2024:

A new manlift costs $15,000 to $200,000+, depending on height and features. Used manlifts range from $5,000 to $150,000+, based on age and condition. Renting a manlift typically costs $100 to $400 per day, depending on the lift’s specifications and reach.

Note

Manlift prices fluctuate based on factors like construction industry growth, infrastructure spending, and updated ANSI safety regulations. Material costs and advancements in hydraulic systems and control technology also impact the market. Consider getting a professional manlift appraisal to obtain the most accurate valuation.

Understanding Manlift Types and Their Applications

Boom Lifts

Manlifts are made for different jobs. Choosing the right manlift means looking at height, weight, and safety. Let's dive into the types and their uses.

Scissor Lifts vs. Boom Lifts

Scissor lifts are great for inside work, stable in tight spots. They're common in warehouses and malls because they're small. Scissor lifts are cheaper to buy.

Boom lifts are better for outside jobs, reaching up and sideways. They're pricier but more flexible for tasks like tree work or building upkeep.

Electric, Diesel, and Hybrid Options

Electric manlifts are best for inside, making no pollution. They're cheaper to run. Diesel manlifts are for outside, strong for rough ground. They cost more to fuel but move better.

Hybrid manlifts mix the best of both, good for many places. Think about what you need long-term, like how reliable it is and if you can sell it later.

Indoor and Outdoor Manlift Considerations

For inside, electric manlifts with soft tires are best. Outside, you need something tough for uneven ground. Hybrid manlifts work well in both places. Think about the value, like how reliable it is and if you can sell it later.

Getting the right manlift can really help your work. For example, a construction team cut exterior cladding time by 30% with boom lifts. Whether you're looking at scissor lift costs or hybrid options, pick a trusted dealer for quality and service.

Factors Influencing Manlift Cost

Telescopic Boom Lift

Manlift prices can vary a lot, affecting the cost of these aerial work platforms. Knowing what affects these prices helps buyers make better choices. Let's look at the main things that change manlift prices.

Size and capacity are big factors in manlift costs. Bigger lifts with more weight capacity cost more. The size of the manlift affects its price, as seen when comparing different models.

Brand reputation and features also change prices. Top brands charge more because they are reliable and have the latest tech. Extra features like all-terrain or advanced safety systems can also raise the price.

The power source is another key factor. Electric lifts are cheaper for indoor use, while diesel lifts are better for outdoors. Hybrid lifts offer flexibility but are pricier.

Manlift TypeTypical UseCost Factor
Scissor LiftIndoor maintenance, constructionLower end
Articulating Boom LiftPrecise positioning, irregular surfacesMid-range
Telescopic Boom LiftMaximum reach, outdoor useHigher end
Vertical Mast LiftWarehouse operations, stock pickingLower to mid-range

Market demand and seasonal changes can affect prices. Where you are can also change costs, with high-demand areas having higher prices.

New Manlift Prices: What to Expect

Vertical Personnel Lift

New manlift prices change based on size, capacity, and features. Knowing these factors helps buyers make smart choices when buying aerial work platforms.

Pricing for Different Sizes and Capacities

Prices for manlifts depend on how tall and heavy they are. Electric scissor lifts that are 19 feet tall start around $12,000. Boom lifts that go up to 110 feet can cost over $150,000. Most lifts are between 20-50 feet tall, costing between $25,000 and $75,000.

Brand Variations in Cost

Prices for manlifts vary by brand. Brands like JLG, Genie, and Skyjack are known for their quality and reliability. They often cost more. But, less known brands might be cheaper upfront but could cost more in the long run.

Additional Features and Their Impact on Price

Features like being able to go on rough terrain or reaching further cost more. For example, adding all-terrain tires can add $2,000-$5,000 to the price.

Manlift TypeHeight RangeTypical CapacityPrice Range
Electric Scissor Lift19' - 50'500 - 1,000 lbs$12,000 - $30,000
Boom Lift20' - 110'500 lbs$25,000 - $150,000+
Vertical Personnel Lift12' - 50'300 lbs$10,000 - $20,000

Used Manlift Market: Finding Value in Pre-Owned Equipment

Used Manlift Market

The used manlift market can save businesses a lot of money. You can buy pre-owned aerial lifts for 40-60% off the price of new ones. This is great for those on a tight budget who need to grow their equipment fleet.

When looking at the cost of a used aerial lift, remember to consider its maintenance history and any repair costs. Many rental companies sell their older equipment, which can be well-maintained. It's key to inspect and test these lifts thoroughly to ensure they are safe and reliable.

The value of a second-hand manlift can be figured out by looking at depreciation rates. For instance, a manlift with a 5-year life span will lose 20% of its value each year. This helps buyers understand the long-term value of their purchase.

AspectNew ManliftUsed Manlift
Initial CostHigher40-60% of new price
Insurance CostHigher premiumsLower premiums
AvailabilityLimited selectionWider variety
Acquisition TimeLongerQuicker (2-3 business days)

Some makers have programs to recondition used manlifts. These programs can make boom lifts almost as good as new, with warranties and big savings over buying new. This is a smart choice for those wanting the best of both worlds.

Renting Manlifts: Pros, Cons, and Cost Structure

Renting Manlifts

Renting manlifts offers access to the latest equipment without the cost of owning it. You can pick from a variety of models to fit your project needs. This flexibility is great for businesses with changing needs.

Yet, there are downsides to aerial lift rentals. During busy times, finding a lift can be hard. For those who rent often, the cost might be more than buying. It's important to think about these points and how they apply to you.

Manlift rental prices vary by day, week, or month. Longer rentals usually mean lower costs. Most deals include delivery, pickup, and basic upkeep, making things easier for short-term users.

Rental PeriodScissor Lift (up to 60ft)Boom Lift (up to 300ft)
Daily$150 - $400$250 - $1500
Weekly$600 - $1600$1000 - $6000
Monthly$1800 - $4800$3000 - $18000

When choosing between renting and buying, think about how long you'll need the lift and how often. Renting is good for short-term needs, while owning might save money for long-term use. Don't forget to consider upkeep costs and storage needs when making your decision.

Hidden Expenses of Manlift Ownership

Maintenance and Repair Costs

Owning a manlift comes with more than just the initial cost. It's important to know about these hidden expenses. This knowledge helps you make better choices about buying equipment.

Maintenance and Repair Costs

Manlift maintenance costs can quickly add up. You'll need to budget for regular checks, part replacements, and unexpected repairs. For example, a 30-foot boom lift might cost $200 a day to rent. But owning one means you'll have to pay for repairs and upkeep.

Companies should think about these costs when deciding to rent or buy. It's a big part of the overall cost.

Insurance and Certification Expenses

Getting aerial lift insurance is a must for manlift owners. You'll need to pay for annual OSHA inspections and operator certifications. Safety training for boom lift operators can cost between $30 and $80 per person.

These costs keep you safe and in compliance. But they are often forgotten in initial budgets.

Storage and Transportation Considerations

Storage for manlifts can be expensive, mainly for bigger equipment. You'll need to pay for secure storage and transportation. Delivery and pick-up fees for boom lift rentals are around $150-$200.

This gives you an idea of what you might spend on moving your equipment. Proper storage is key to keeping your investment safe. But it also adds to the cost of owning a manlift.

When thinking about owning a manlift, remember these hidden costs. A detailed look at all expenses can help you decide if buying or renting is better for you.

Financing Options for Manlift Purchases

Financing Options for Manlift Purchases

Businesses have many options when it comes to manlift leasing. Aerial lift financing lets companies get the equipment they need without a huge upfront cost.

Lease vs. Buy Scenarios

Leasing a manlift is flexible and great for short-term needs. It usually doesn't require a down payment and makes upgrading easy. Buying might be better for long-term use. An equipment loan for manlifts can make payments over time and build equity.

Manufacturer Financing Programs

Many manlift makers have their own financing plans. These plans often have good rates and terms that fit your budget. For example, Terex Financial Services has financing and leasing options that match your cash flow and budget.

Third-Party Equipment Financing Solutions

Third-party lenders offer more flexibility for aerial lift financing. These options are good for businesses with good credit. Companies like Cisolift have leasing deals that don't need a down payment for most.

Financing TypeDown PaymentOwnershipTax Benefits
LeaseOften NoneOptional at end of termPayments may be deductible
Manufacturer FinancingVariesYesInterest may be deductible
Third-Party LoanOften RequiredYesInterest may be deductible

When looking at manlift leasing options, think about your business's cash flow and equipment needs. Make sure to check the terms of any financing agreement to see if it fits your financial goals.

Manlift Cost Conclusion: Comparing Purchase, Rental, and Hire Options

Manlift Cost

Businesses face a big decision when it comes to manlifts. They must choose between buying, renting, or hiring. This choice affects both immediate costs and long-term financial planning.

Long-Term Cost Analysis of Buying vs. Renting

Buying a manlift means a big upfront cost but can save money over time. Owners can get tax breaks on depreciation and interest. For businesses that use manlifts often, buying is usually cheaper in the long run.

Short-Term Project Considerations

Renting is often the best choice for short-term projects. Rental prices change based on the type of lift and how long it's needed. Here's a look at the costs for renting an articulating boom lift:

Lift HeightDaily RateWeekly RateMonthly Rate
30-40 ft$200-$500$700-$1,300$2,000-$4,000+
40-60 ft$250-$650$1,000-$1,500$2,000-$4,000+
60-100 ft$500-$1,300$1,500-$3,000+$2,500-$5,000+
100+ ft$1,000-$3,000$2,000-$4,000$4,000-$10,000+

FAQ

How much can a manlift lift?

Manlifts can typically lift between 300 to 1,000 pounds, depending on the model and type. For example, a smaller push-around manlift may have a capacity of around 300-500 pounds, while larger boom or scissor lifts can handle up to 1,000 pounds or more.

What is the price of Palfinger manlift?

The price of a Palfinger manlift varies based on the model and specifications. On average, new Palfinger manlifts range from $100,000 to $250,000, with additional costs for custom features or attachments.

How much does a platform lift cost?

The cost of a platform lift ranges from $10,000 to $50,000, depending on the type (e.g., vertical or inclined), height requirements, and added features like safety mechanisms or customization options.

What is a manlift called?

A manlift is often called a personnel lift or aerial lift. Depending on the specific type, it may also be referred to as a boom lift, scissor lift, or cherry picker. These terms are used interchangeably based on the equipment's design and function.